Prepetition definition

Prepetition means arising or accruing prior to the Petition Date.

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Prepetition means the time period ending immediately prior to the filing of the Chapter 11 Cases.

Prepetition when used with respect to any agreement or instrument, any claim or proceeding or any other matter, shall refer to an agreement or instrument that was entered into or became effective, a claim or proceeding that arose or was instituted, or another matter that occurred, prior to the Petition Date.

Examples of Prepetition in a sentence

• The Prepetition Agent shall further be authorized to amend its Master Proof of Claim from time to time.

• Unless the Prepetition Indebtedness and the Postpetition Obligations shall have been indefeasibly paid in full, the Borrower or its estate shall not be substantively consolidated under the Bankruptcy Code or any applicable bankruptcy or non-bankruptcy law with any other Debtor or its estate or any other Person (as defined by the Bankruptcy Code) or its estate by order of this Court or under any Chapter 11 plan.

• As security for the Postpetition Obligations, the Postpetition Lender is hereby granted valid, binding, enforceable, first priority and perfected Liens (the “Postpetition Liens”) in the Postpetition Collateral and the Prepetition Collateral.

• The Prepetition First Lien Notes Payoff shall have occurred (or shall occur substantially contemporaneously with the Closing Date).

• Notwithstanding the foregoing, the Committee may spend up to an aggregate amount not to exceed $33,300 of the Carve-Out to investigate any potential claims against the Prepetition Agent or Prepetition Lenders, and any potential defenses to their claims, security interests, and liens.

More Definitions of Prepetition

Prepetition means occurring prior to the Petition Date.

Prepetition means, with respect to each Debtor, prior to the Petition Date for such Debtor.

Prepetition with respect to a particular Debtor, refers to the time period on or prior to the date on which such Debtor filed a voluntary petition for relief under the Bankruptcy Code, as set forth in Exhibit A hereto.

Prepetition means the time period ending immediately prior to the filing of the Cases.

Prepetition means the time period prior to the Petition Date.

Prepetition means before the filing of the petitions commencing the chapter 11 cases. Here, amounts owed for goods received or services rendered before October 3, 2022, are considered “prepetition” amounts.

Prepetition means at any time prior to the Petition Date.