Pre-Petition Debt definition

Pre-Petition Debt means, collectively, the Debt of each Debtor outstanding and unpaid on the date on which such Person became a Debtor.

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Pre-Petition Debt shall have the meaning set forth in Section 2.24.

Pre-Petition Debt means Debt of the Loan Parties outstanding and unpaid on the Effective Date.

Examples of Pre-Petition Debt in a sentence

To avoid any doubt, the liens securing the Pre-Petition Debt are to be subordinated to, and junior to, the liens and claims of the DIP Secured Parties.
Pre-Petition Debt of the Borrower and the Subsidiaries existing on the date hereof that is reflected in the Financial Statements.
The Pre-Petition Secured Parties have a security interest in certain of the Cash Collateral constituting proceeds of Pre-Petition Collateral to secure the Pre-Petition Debt.
To secure the Pre-Petition Debt, certain of the Debtors granted security interests, mortgages and liens (the “Pre-Petition Liens”) to the Pre-Petition Secured Parties on the personal and real property and the proceeds thereof as described and defined as “Collateral” in the Pre-Petition Financing Agreements (collectively, the “Pre-Petition Collateral”).
At the Debtors’ request, letters of credit outstanding as of the Petition Date under the Pre-Petition Credit Agreement may be extended, amended or renewed with the consent of the issuing bank and the Pre-Petition Agents, provided that all fees and reimbursement obligations in respect thereof shall remain Pre-Petition Debt.

More Definitions of Pre-Petition Debt

Pre-Petition Debt means the Debt of the Credit Parties outstanding immediately prior to the Petition Date.

Pre-Petition Debt means any and all principal, accrued and unpaid interest, costs, expenses and any other amounts and obligations due under and evidenced by the Pre-Petition Note.

Pre-Petition Debt means the “Obligations” as defined in each Pre-Petition Credit Agreement.

Pre-Petition Debt means all indebtedness, liabilities, and obligations, including, without limitation, the Pre-Petition Liabilities and all other indebtedness, liabilities and obligations in connection with the Pre-Petition Credit Agreement and the Pre-Petition Loan Documents owed by the Borrower to Pre-Petition Lenders as of the Petition Date, whether direct or indirect, absolute or contingent, primary or secondary, due or to be come due, including all interest thereon accruing after the Petition Date and all legal fees and collection expenses heretofore or hereafter incurred in collecting any of such indebtedness, liabilities or obligations.

Pre-Petition Debt means claims arising before January 18, 2002.

Pre-Petition Debt means all indebtedness, liabilities, and obligations, including, without limitation, the Pre-Petition Liabilities and all other indebtedness, liabilities and obligations in connection with the Pre-Petition Loan Agreement and the Pre-Petition Loan Documents owed by Borrowers to Lender as of the Petition Date, whether direct or indirect, absolute or contingent, primary or secondary, due or to be come due, including all interest thereon accruing after the Petition Date and all legal fees and collection expenses heretofore or hereafter incurred in collecting any of such indebtedness, liabilities or obligations.

Pre-Petition Debt has the meaning of “Lender Debt”, as defined in the Pre- Petition Facility.