Definition of Postpetition Credit Facility

Postpetition Credit Facility means that certain Amended and Restated Debtor in Possession and Exit Credit Agreement, as amended, supplemented, or modified from time to time, dated as of June 25, 2004, by and among Footstar and Footstar Corporation as borrowers and the Postpetition Lenders.
Sample 1

Examples of Postpetition Credit Facility in a sentence

If the requisite Postpetition Lenders agree to make advances under and pursuant to the terms of the Postpetition Credit Facility during the period between the Confirmation Date and the Effective Date and a Sale Transaction is effected, on the Sale Closing Date, all liabilities arising under loans, advances, or other obligations incurred by the Debtors in Possession under the Postpetition Credit Facility shall be paid in Cash in full.
Any objections to Administrative Expense Claims and Claims shall be filed and served on or before the later of (i) ninety (90) days after the Confirmation Date, and (ii) such date as may be fixed by the Bankruptcy Court, after notice and a hearing, whether fixed before or after the date specified in clause (i) above; provided, however, that objections, if any, to Postpetition Credit Facility Claims must be filed prior to the Confirmation Date.