Examples of Pre-Petition Indebtedness in a sentence
The Debtor shall maintain adequate and comprehensive loss insurance on the Collateral in at least the amount of the Pre-Petition Indebtedness.
Nothing in the Plan or this Disclosure Statement is intended to conflict with or derogate from the provisions of the CoBank DIP Financing Order, the CoBank Loan Documents and any liens securing the CoBank Pre-Petition Indebtedness.
That paragraph requires paydowns of the ABL Pre-Petition Indebtedness in the event of a winddown, significant workforce reduction or material labor disruptions.
Advances to General Services Administration for Special Purpose LeasedSpace Title 40 U.S.C. § 581(g) authorizes GSA to bill tenants for building rent in advance.
Therefore, even though it is anticipated that much of the Revolving Priority Collateral will be liquidated prior to the ABL Pre-Petition Indebtedness being paid in full, the ABL Lenders will be first in priority for payment from the proceeds of the sale of First Lien Term Loan Priority Collateral, which is worth well over $45 million.