Examples of Prepetition First Lien Administrative Agent in a sentence
Except for the foregoing, subsequent to the performance by the Prepetition First Lien Administrative Agent of its obligations pursuant to the Plan, the Prepetition First Lien Administrative Agent and its agents shall be relieved of all further duties and responsibilities related to the Prepetition First Lien Credit Agreement.
Notwithstanding the foregoing, all distributions of Cash on account of First Lien Claims or Second Lien Claims, if any, shall be deposited with the Prepetition First Lien Administrative Agent and the Prepetition Second Lien Administrative Agent, as applicable, for distribution to holders of First Lien Claims or Second Lien Claims in accordance with the terms of the Prepetition Credit Agreement, the Prepetition Second Lien Credit Agreement and the Prepetition Intercreditor Agreement.
All distributions other than of Cash on account of First Lien Claims or Second Lien Claims, if any, may, with the consent of the Prepetition First Lien Administrative Agent and the Prepetition Second Lien Administrative Agent, be made by the Disbursing Agent directly to holders of First Lien Claims and Second Lien Claims in accordance with the terms of the Plan, the Prepetition First Lien Credit Agreement, the Prepetition Second Lien Credit Agreement and the Prepetition Intercreditor Agreement.
To the extent the Prepetition First Lien Administrative Agent or the Prepetition Second Lien Administrative Agent effectuates, or is requested to effectuate, any distributions hereunder, the Prepetition First Lien Administrative Agent and the Prepetition Second Lien Administrative Agent shall be deemed a “Disbursing Agent” for purposes of the Plan.
Nothing in this Section 5.9 shall in any way affect or diminish the rights of the Prepetition First Lien Administrative Agent to exercise any charging lien against distributions to holders of First Lien Claims with respect to any unpaid fees.
Within this scope, 3,678,742 TRY in scholarships were awarded in 2016.
The Prepetition First Lien Administrative Agent (as defined below) shall serve as the “DIP Agent” for and on behalf of the DIP Lenders.Richards Declaration, the “First Day Declarations”), which was filed with the Court concurrently herewith.
Pursuant to paragraph 6 of this Order, as further adequate protection for the Prepetition Senior Lender Diminution Claim, the Prepetition First Lien Administrative Agent and the Prepetition Secured Parties shall receive monthly reimbursement of professional fees and expenses, including fees and expenses of counsel.
The Master Proofs of Claim shall not be required to attach any instruments, agreements, or other documents evidencing the obligations owing by each of the Debtors to the applicable Prepetition First Lien Secured Parties, which instruments, agreements, or other documents will be provided upon written request to counsel to the Prepetition First Lien Administrative Agent.
Place absorbent spill pad or absorbent material inside the 6-mil drum liner.