Prepetition LP Facility definition

Prepetition LP Facility means that certain $1,500,000,000 term loan credit facility provided in connection with the Prepetition LP Credit Agreement.
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Examples of Prepetition LP Facility in a sentence

  • The Plan, and the treatment hereunder of all Claims and Equity Interests, are predicated on either (i) all of the Prepetition LP Facility Claims having been or being satisfied in full pursuant to an LP Debtor Plan, or (ii) as provided in Article VII.C herein, the Bankruptcy Court issuing the Prepetition LP Facility Guarantee Claim Order expunging the Prepetition LP Facility Guarantee Claim or estimating the Prepetition LP Facility Guarantee Claim in the amount of zero dollars.

  • The Bankruptcy Court shall have entered the Prepetition LP Facility Guarantee Claim Order.

  • Prepetition LP Facility SPSO Subordinated Claim (if any); (j) Inc.

  • Class 5C consists of all Prepetition LP Facility SPSO Subordinated Claims, if any.

  • Excess Auction Proceeds, that is, Auction Proceeds remaining, if any, after payment in full in Cash of all Allowed Prepetition LP Facility Non-SPSO Claims, Allowed Prepetition Inc.

  • Facility Claims in Articles III.B.5, III.B.6, III.B.7, and III.B.8 hereof shall be made to applicable Holders of Allowed Prepetition LP Facility Claims or Allowed Prepetition Inc.

  • Each Debtor, or such entity’s designee as instructed by such Debtor, may, pursuant to section 553 of the Bankruptcy Code or applicable non-bankruptcy law, set off and/or recoupagainst any Allowed Claim (other than an Allowed Prepetition LP Facility Non-SPSO Claim, an Allowed Prepetition Inc.

  • Facility Non-Subordinated Claim, Allowed DIP Facility Claim or, in the event Class 5B votes to accept the Plan, Allowed Prepetition LP Facility SPSO Claim) hereunder will constitute a waiver or release by a Debtor or its successor of any and all claims, rights, and Causes of Action that a Debtor or its successor may possess against such Holder.

  • Facility Non-Subordinated Claims, and Allowed Prepetition LP Facility SPSO Claims in lieu of making New LightSquared Term Loans.

  • In the event Class 5B votes to reject the Plan and Holders of Allowed Prepetition LP Facility SPSO Claims do not receive New LightSquared Common Equity, then if any New LightSquared Tranche B Term Loans are Transferred to an Eligible Transferee, such New LightSquared Tranche B Term Loans shall convert into New LightSquared Tranche A Term Loans, and shall no longer be subject to the voting restrictions applicable to New LightSquared Tranche B Term Loans.

Related to Prepetition LP Facility

  • 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.

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

  • 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.

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

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

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

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • DIP means debtor-in-possession.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

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

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

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

  • Refinancing Facility has the meaning specified in Section 2.16(a).

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

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Postpetition means arising or accruing on or after the Petition Date and before the Effective Date.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • ABL Facility Documents means the agreements and other instruments governing the ABL Facility, together with any guarantees thereof and any security documents, other collateral documents and other instruments relating thereto (including documents and instruments governing Hedging Obligations required by the ABL Facility or relating to ABL Obligations).

  • Senior ABL Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Debt Facility means any Senior Facility and any Second Priority Debt Facility.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;