Prepetition Obligations definition

Prepetition Obligations means “Obligations” as defined in the Prepetition Credit Agreement.
Prepetition Obligations means the “Obligations” as defined in the Prepetition Credit Agreement.
Prepetition Obligations means all "Obligations" as defined in the Prepetition Credit Agreement.

Examples of Prepetition Obligations in a sentence

  • The Prepetition Notes Documents and the Prepetition Obligations are (a) legal, valid, binding, and enforceable against the Debtor and (b) not subject to any contest, attack, objection, recoupment, defense, counterclaim, offset, subordination, re-characterization, avoidance, or other claim, cause of action, or other challenge of any kind or nature under the Bankruptcy Code, under applicable non-bankruptcy law or otherwise.

  • Subject to the terms and conditions set forth herein and in the DIP Orders, the Lender shall automatically, and without further action or order of the Bankruptcy Court, be deemed on the Interim Order Entry Date to have “rolled-up” and refinanced as the Roll-Up Loan all Prepetition Obligations held by the Lender immediately prior to the Effective Date.

  • For the avoidance of doubt and notwithstanding anything to the contrary in this Interim Order or in any Prepetition Credit Agreement Documents, the Carve Out shall be senior to all liens and claims securing the Prepetition Obligations, including, for the avoidance of doubt, the Prepetition Liens, the Adequate Protection Liens, and the 507(b) Claims, and any and all other forms of adequate protection, liens, or claims securing the Prepetition Obligations.

  • Such conversion (or “roll-up”) shall be authorized as compensation for, in consideration for, and solely on account of, the Prepetition First Lien Lenders that are also DIP Lenders or affiliates thereof to fund the New Money Loans and not as payments under, adequate protection for, or otherwise on account of, any Prepetition Obligations.

  • Subject to the Intercreditor Agreement and the other Prepetition Credit Agreement Documents, the Debtors admit, stipulate, acknowledge, and agree that, subject to entry of the Final Order, the Prepetition Secured Parties shall have the rights grantedpursuant to and consistent with section 363(k) of the Bankruptcy Code with respect to any credit bidding of the Prepetition Obligations.


More Definitions of Prepetition Obligations

Prepetition Obligations means obligations of certain of the Loan Parties for unpaid principal, accrued and unpaid interest, fees, costs, expenses, indemnities and other amounts arising under the Prepetition Loan Documents and shall include all “Obligations” under the Prepetition Credit Agreement.
Prepetition Obligations means the “Obligations” as defined in the Prepetition Facility.
Prepetition Obligations means all indebtedness, obligations and liabilities of the Borrowers and their Subsidiaries to the Prepetition Indebtedness Holders incurred prior to the Petition Date arising from or related to the Prepetition Documents.
Prepetition Obligations means any obligations, liabilities, and indebtedness of the Debtor, or claims against the Debtor, arising frommarket movements, performance, and performance obligations that occurredor otherwise arose before the Petition Date in respect of the Prepetition Hedging and Trading Arrangements.
Prepetition Obligations the aggregate outstanding principal amount of the loans and other financial accommodations made (including letters of credit outstanding as of the Petition Date) under or pursuant to the Prepetition Credit Agreement, and all accrued but unpaid interest and fees, costs and other charges payable to the Prepetition Agent or the Prepetition Lenders under or pursuant to the Prepetition Credit Agreement.
Prepetition Obligations means Obligations as defined in the Prepetition Credit Agreement.
Prepetition Obligations means, collectively, the “Prepetition First Lien Secured Indebtedness” and the “Prepetition Second Lien Secured Indebtedness”, in each case, as defined in the Orders.