Examples of Pre-Petition Secured Parties in a sentence
For the avoidance of doubt, the Debtors shall use, and shall be deemed to have used, their unencumbered cash or any other unencumbered property, to the extent any such unencumbered cash or property exists, before any Cash Collateral or other Collateral of the Pre-Petition Secured Parties is used.
Except as set forth herein, the Pre-Petition Secured Parties have not consented or agreed to the use of the Collateral, including Cash Collateral, and nothing contained herein shall be deemed a consent by the Pre-Petition Secured Parties to any charge, lien, assessment or claim against the Collateral or Replacement Lien Collateral or against the Pre-Petition Secured Parties.
No portion of the Pre-Petition Obligations, or any funds previously paid to the Pre-Petition Secured Parties is subject to avoidance, subordination, recovery, disallowance, recharacterization or other challenge pursuant to the Bankruptcy Code (including, but not limited to, Section 502(d) of the Bankruptcy Code) or applicable non-bankruptcy law.
The Debtors shall execute and deliver to the DIP Secured Parties and the Pre-Petition Secured Parties all such financing statements, mortgages, notices and other documents as the DIP Secured Parties and the Pre-Petition Secured Parties may reasonably request to evidence, confirm, validate or perfect, or to insure the contemplated priority of, the DIP Liens and the Pre-Petition Replacement Liens granted pursuant hereto.
Approving a DIP Credit Facility and Authorizing the Debtors to Obtain Post-Petition Financing Pursuant Thereto, (B) Granting Related Liens and Super-Priority Status, (C) Authorizing the Use of Cash Collateral, (D) Granting Adequate Protection to Certain Pre-Petition Secured Parties and (E) Scheduling a Final Hearing.