Examples of Pre-Petition Agents in a sentence
This update is intended to make the document easier to review and reference for the members of the Judge Advocate Legal Service (JALS).
The Pre-Petition Agent's consent to the Debtor's use of Cash Collateral pursuant to the Budget shall not be deemed to be consent to any further or other use of the Pre-Petition Collateral, the DIP Collateral or Cash Collateral.
No portion of the Pre-Petition Lender Debt or any payments made to the Pre-Petition Agents or the Pre-Petition Secured Lenders or applied to the obligations owing under the Pre-Petition Loan Documents prior to the Petition Date is subject to avoidance, recharacterization, recovery, subordination, attack, offset, counterclaim, defense or “claim” (as such term is defined in the Bankruptcy Code) of any kind pursuant to the Bankruptcy Code or other applicable law.
Upon the request of a DIP Agent, each of the Pre-Petition Agents, the Indenture Trustees and the Adequate Protection Parties, without any further consent of any party, is authorized to take, execute, deliver and file such instruments (in each case without representation or warranty of any kind) to enable the DIP Agents to further validate, perfect, preserve and enforce DIP Liens.
In the event of any such amendment, modification, termination or waiver, the Term DIP Agent shall provide notice thereof to the Pre-Petition Agents, the ABL DIP Agent, the Committee and the U.S. Trustee no less than three (3) days prior to the effective date thereof (or such shorter period as to which such parties may agree).