Prepetition Second Lien Secured Parties definition

Prepetition Second Lien Secured Parties means the “Secured Parties” (as defined in the Prepetition Second Lien Credit Agreement).
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Prepetition Second Lien Secured Parties means The Bank of New York Mellon Trust Company, in its capacities as Trustee under the Prepetition Second Lien Indenture and as collateral agent under the Prepetition Second Lien Documents, its successors and assigns in such capacities and each person that is a holder of Prepetition Second Lien Notes.
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Prepetition Second Lien Secured Parties means, collectively, the Prepetition Second Lien Agent and the Prepetition Second Lien Lenders.
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Examples of Prepetition Second Lien Secured Parties in a sentence

  • The Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition Second Lien Secured Parties shall be senior to any Prepetition Second Liens and shall be junior and subordinated to the Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition First Lien Secured Parties, the Prepetition First Liens, the DIP Liens and any Senior Third Party Liens.

  • The Prepetition Second Lien Claim has a stated maturity date of November 27, 2020 and the Debtors are in default of their debts and obligations to the Prepetition Second Lien Secured Parties under the terms and provisions of the Prepetition Second Lien Claim Documents.

  • The Prepetition Second Lien Secured Parties properly perfected their second-priority liens and security interests and other liens in the Prepetition Second Lien Collateral as evidenced by, among other things, the Prepetition Second Lien Claim Documents, documents held in possession of the Prepetition Second Lien Secured Parties, and documents filed and/or recorded with the appropriate state, county, and other offices.

  • The Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition First Lien Secured Parties shall be senior and prior to the Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition Second Lien Secured Parties and the Prepetition Liens.

  • The Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition First Lien Secured Parties shall be senior and prior to the Adequate Protection Liens and the Cash Collateral Adequate Protection Liens of the Prepetition Second Lien Secured Parties (as defined below) and the Prepetition Liens.

  • None of the Prepetition First Lien Term Loan Secured Parties, the Prepetition First Lien ABL Secured Parties, the DIP Secured Parties or the Prepetition Second Lien Secured Parties shall be required to file proofs of claim in any of the Chapter 11 Cases or any Successor Case for any claim described herein or arising under the DIP Loan Documents.

  • The Agents, the Lenders, and the Prepetition Second Lien Secured Parties do not consent to the Debtors’ use of Cash Collateral except in accordance with the terms and conditions contained in this Final Order.

  • To the extent there exists or comes to exist any cash of the Debtors’ estates that is not Cash Collateral, wherever located and however held, such cash shall be deemed to have been used first by the Debtors’ estates, and such cash, to the extent applicable, shall be subject to the liens, claims, and security interests granted to the Secured Lender Parties and the Prepetition Second Lien Secured Parties hereunder, and as set forth in the Intercreditor Agreement.

  • The treatment for and other rights and benefits of the Prepetition Second Lien Secured Parties set forth in the proposed chapter 11 plan filed by the Debtors on the Petition Date, which the Prepetition Second Lien Secured Parties support, shall not be altered, modified, extended, impaired, or affected by any further or additional chapter 11 plan of the Debtors without the prior written consent of the Prepetition Second Lien Agent.

  • None of the DIP Secured Parties, the Prepetition First Lien Term Loan Secured Parties, the Prepetition First Lien ABL Secured Parties or the Prepetition Second Lien Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Professional incurred in connection with the Chapter 11 Cases or any Successor Cases.


More Definitions of Prepetition Second Lien Secured Parties

Prepetition Second Lien Secured Parties means the “Secured Parties” under and as defined in the Prepetition Second Lien Credit Agreement.
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Prepetition Second Lien Secured Parties means the secured parties under the Prepetition Second Lien Facilities.
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Prepetition Second Lien Secured Parties means the Prepetition Second Lien Trustee, the Prepetition Second Lien Collateral Agent and each person that is a holder of Prepetition Second Lien Notes (either separately or as part of a Unit).
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Prepetition Second Lien Secured Parties means the Prepetition Second Lien Trustee, the Prepetition Second Lien Collateral Agent and each person that is a holder of Prepetition Second Lien Notes (either separately or as part of a Unit). -31-
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Prepetition Second Lien Secured Parties. (as amended, restated, supplemented or otherwise modified from time to time, the “Prepetition Second Lien Credit Agreement”; the obligations thereunder and under the related loan documents, the “Prepetition Second Lien Secured Obligations”; and the liens and security interests granted in connection therewith, the “Prepetition Second Lien Liens”) (the “Prepetition Second Lien Facility”). Permitted Liens Any valid liens (“Permitted Prior Liens”) that are (i) in existence on the Petition Date, (ii) either perfected as of the Petition Date or perfected subsequent to the Petition Date under section 546(b) of the Bankruptcy Code and (iii) senior in priority to the Prepetition First Lien Liens or by operation of applicable non-bankruptcy law. Interim and Final DIP Orders The order approving the DIP Facility on an interim basis, which shall be in form and substance, and upon terms and conditions, acceptable in all respects to the Loan Parties and the Required DIP Lenders (the “Interim DIP Order”), shall authorize and approve, among other matters, (i) the Loan Parties’ entry into the DIP Documents (as defined below), (ii) the making of the DIP Loans (as defined below), (iii) the granting of the superpriority claims and liens against the Loan Parties and their assets in accordance with the DIP Documents with respect to the DIP Collateral (as defined below), (iv) the payment of the DIP Backstop Premium (as defined in the Restructuring Term Sheet), (v) those items set forth below in “Stipulations, Waivers, Releases and Protections”, (vi) the use of Cash Collateral (as defined below), and (vii) the granting of adequate protection to the Prepetition First Lien Secured Parties and the Prepetition Second Lien Secured Parties (collectively, the “DIP Matters”). The order approving the DIP Facility on a final basis, which shall be in form and substance, and upon terms and conditions, acceptable in all respects to the Loan Parties and the Required DIP Lenders (the “Final DIP Order” and, together with the Interim DIP Order, the “DIP Orders”), shall authorize and approve among other matters, the DIP Matters.
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Related to Prepetition Second Lien Secured Parties

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • 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.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Second Lien Security Documents means the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • First Lien Security Documents means, collectively, (i) the Credit Agreement Collateral Documents and (ii) the Additional First-Lien Security Documents.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

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

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

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

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

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

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

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

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

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

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

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

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

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Second Lien Noteholders means the registered holders, from time to time, of the Second Lien Notes, as determined in accordance with the relevant Second Lien Notes Indenture.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.