Prepetition Loan Party definition

Prepetition Loan Party means any "Loan Party" under the Prepetition Credit Agreement, in their capacities as obligors under the Prepetition Credit Agreement, and "Prepetition Loan Parties" means all such persons, collectively.

Examples of Prepetition Loan Party in a sentence

  • As of the Petition Date, the Prepetition Loan Party Debtors were liable to the Prepetition Term Loan Lenders in the total aggregate principal amount of $276.7 million, plus interest accrued and accruing, costs, expenses, and fees (including attorneys’ fees and legal expenses).

  • For the avoidance of doubt, pursuant to this Interim Order, Cash Collateral may not be used (i) by any entity which is not a Prepetition Loan Party or (ii) to pay any expense of any entity which is not a Prepetition Loan Party.

  • The Prepetition Agents have a continuing security interest in and Lien on all or substantially all of the Prepetition Loan Party Debtors’ Cash Collateral, including all amounts on deposit in the Prepetition Loan Party Debtors’ banking, checking, or other deposit accounts and all proceeds of the Prepetition Collateral, to secure the Prepetition Secured Debt.

  • The Prepetition Agents have a continuing security interest in and Lien on all or substantially all of the Prepetition Loan Party Debtors’ Cash Collateral, including all amounts on deposit in the Prepetition Loan Party Debtors’ banking, checking, or other deposit accounts and all proceeds of the Prepetition Collateral, to secure the Prepetition Secured Debt.III.

  • For the purpose of advocacy and training program, there will be thirty-eight participants approximately.

  • For the avoidance of doubt, pursuant to this Final Order, Cash Collateral may not be used (i) by any entity which is not a Prepetition Loan Party or (ii) to pay any expense of any entity which is not a Prepetition Loan Party.

  • As soon as reasonably practicable after written request from the Administrative Agent, the Prepetition Loan Parties will provide the Administrative Agent and the Prepetition Secured Lenders with reasonable access to any consultant, turnaround management, broker or financial advisory firm retained by any Prepetition Loan Party in any of the Chapter 11 Cases and, if requested, copies of all retention agreements for each such consultant.

  • Notwithstanding anything to the contrary in any of the Administrative Credit Documents or this Interim Order, following delivery of a Carve Out Notice, the Prepetition Administrative Agents and the Prepetition Secured Parties shall not, and shall not direct any entity to, sweep or foreclose on cash (including cash received as a result of the sale or other disposition of any assets) of the Prepetition Loan Party until the Carve Out Reserve has been fully funded.

  • Specifically, that Debtor Texas Operator is not a Prepetition Loan Party under the Credit Agreement and related Credit Documents, and therefore, pursuant to the terms of the Final Cash Collateral Order, no cash collateral may be used to pay Baker Botts’ fees and expenses in the “Chapter 11 Regulatory” project category because the SWD permit applications are in Texas Operator’s name and not that of a Prepetition Loan Party.

  • While Texas Operator may not be a Prepetition Loan Party, MDC and Reeves are Prepetition Loan Parties.

Related to Prepetition Loan Party

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

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

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

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

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

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

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

  • DIP Lender means a lender under the DIP Facility.

  • 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.

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

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

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • 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.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

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

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

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

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

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

  • DIP Loan Documents means, collectively, the DIP Credit Agreement and all other agreements, documents, and instruments delivered or entered into in connection therewith, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Funding Loan Documents means (i) this Funding Loan Agreement, (ii) the Borrower Loan Agreement, (iii) the Regulatory Agreement, (iv) the Tax Certificate, (v) the Borrower Loan Documents, (vi) all other documents evidencing, securing, governing or otherwise pertaining to the Funding Loan, and (vii) all amendments, modifications, renewals and substitutions of any of the foregoing.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

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