Examples of Prepetition First Lien Agent in a sentence
As soon as practicable following compliance with the requirements set forth in this Article VI of the Plan, the Prepetition First Lien Agent shall arrange to deliver or direct the delivery of such distributions to or on behalf of such Holders of Allowed Prepetition First Lien Credit Agreement Claims.
The Prepetition First Lien Agent shall be deemed to be the Holder of all Prepetition First Lien Credit Agreement Claims, as applicable, for purposes of distributions to be made hereunder, and all distributions on account of such Prepetition First Lien Credit Agreement Claims shall be made to or on behalf of the Prepetition First Lien Agent.
The Prepetition First Lien Agent shall hold or direct such distributions for the benefit of the Holders of Allowed Prepetition First Lien Credit Agreement Claims, as applicable.
Notwithstanding anything in the Plan to the contrary, and without limiting the exculpation and release provisions of the Plan, the Prepetition First Lien Agent shall not have any liability to any person with respect to distributions made or directed to be made by the Prepetition First Lien Agent.
Without limiting the foregoing, the Reorganized Debtors shall pay in Cash all reasonable and documented fees and expenses (including any agency fees and fees and expenses of counsel) of the Prepetition First Lien Agent and the Prepetition Second Lien Agent incurred after the Effective Date (including in connection with any termination statements, instruments of satisfaction, or releases of Liens) in the ordinary course of business and without application or notice to, or order of, the Bankruptcy Court.