Prepetition Lender’s Claim definition

Prepetition Lender’s Claim means all Claims of the Prepetition Lender, which Claims were expressly satisfied to the extent set forth in the Wanxiang Sale Order and the Payoff Letter.
Sample 1
Prepetition Lender’s Claim means the Claim of the Administrative Agent, for the benefit of the Prepetition Secured Parties, against the Debtors arising from, related to, arising under, or in connection with the Prepetition Loan Documents, for any and all outstanding obligations thereunder incurred through and including the Effective Date, and taking into account the sum of all payments or other distributions made by any of the Debtors to the Administrative Agent or the Prepetition Lenders prior to the Effective Date on account of such Claims (pursuant to the Cash Collateral Orders, any other Final Order of the Bankruptcy Court, or otherwise). The Prepetition Lenders Claim includes the Prepetition Lenders Secured Claim, the Prepetition Lenders Adequate Protection Claim, and the Prepetition Lenders Deficiency Claim.
Sample 1
Prepetition Lender’s Claim means the Claim of the Administrative Agent derived from and based upon the Credit Agreement and related documents and held on behalf of the Prepetition Lenders.
Sample 1

Examples of Prepetition Lender’s Claim in a sentence

  • To the extent that the Exit Facility does not close within ninety (90) days of the Confirmation Date, either (i) the Debtors shall market and sell their real property to satisfy any Allowed Prepetition Lender’s Claim, or (ii) Premier shall provide additional Premier Funds to satisfy any Allowed Prepetition Lender’s Claim.

  • The Debtors or Reorganized Debtors, as applicable, with the assistance of Premier, shall obtain the Exit Facility in an amount sufficient to satisfy the Allowed portion of the Prepetition Lender’s Claim.

  • The criticism on utility-based or in this case economic-based models is extensive and diverse.

  • Holders of the Allowed Prepetition Lender’s Claim shall be paid in full on the Effective Date from the proceeds of the Exit Facility as and when Allowed by the Bankruptcy Court.

  • The Exit Facility shall be used to satisfy the Allowed portion the Prepetition Lender’s Claim and, at the Reorganized Debtors’ discretion, may be used to fund ongoing operations of the Reorganized Debtors.

  • Class 4 Claims shall consist of all Allowed Secured Claims other than the Premier Claim and the Prepetition Lender’s Claim.

  • To the extent that the Exit Facility does not close on or before May 15, 2019, either (i) the Debtors shall market and sell their real property to satisfy any Allowed Prepetition Lender’s Claim, or (ii) Premier shall provide additional Premier Funds to satisfy any Allowed Prepetition Lender’s Claim.

  • Class 4 Claims shall consist of all Allowed Claims secured by property of the Debtors other than the Premier Claim and the Prepetition Lender’s Claim.

  • The Exit Facility shall be used to satisfy the Allowed portion of the Prepetition Lender’s Claim and, at the Reorganized Debtors’ discretion, may be used to fund the ongoing operations of the Reorganized Debtors.

  • To the extent that the Exit Facility does not close by May 15, 2019, Premier shall provide additional Premier Funds to satisfy any Allowed Prepetition Lender’s Claim, provided, however, that the May 15, 2019 closing deadline may not be extended.


More Definitions of Prepetition Lender’s Claim

Prepetition Lender’s Claim means all Claims of the Prepetition Lender, which Claims were expressly satisfied by the Wanxiang Sale Order.
Sample 1

Related to Prepetition Lender’s Claim

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Administrative Claims means Claims that have been filed timely and properly before theAdministrative Claims Bar Date set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries or commissions for services and payments for goods and other services and leased premises). Any fees or charges assessed against the Estates under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Claims and shall be paid in accordance with Article V.N of the Plan. Notwithstanding anything to the contrary in this Plan, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Prepetition means arising or accruing prior to the Petition Date.

  • Administrative Claim means a Claim for costs and expenses of administration of the Estates under sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date of preserving the Estates and operating the businesses of the Debtors; (b) Allowed Professional Fee Claims in the Chapter 11 Cases; and (c) all fees and charges assessed against the Estates under chapter 123 of title 28 of the United States Code, 28 U.S.C. §§ 1911-1930.

  • DIP Lender means a lender under the DIP Facility.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.