Prepetition Secured Creditors definition

Prepetition Secured Creditors means the Prepetition Bank Lenders, the Senior Noteholders, the Farley Lenders, and the Synthetic Lease Lenders (including, as applicable, their respective agents and Indenture Trustees), and the respective successors and assigns of any of the foregoing.
Prepetition Secured Creditors means the Second Lien Noteholder Parties together with the
Prepetition Secured Creditors means, collectively, the lenders party to the Prepetition Credit and Guaranty Agreement (as of the Petition Date, such lenders consisted of GS and TCW); however, for certain consent and other rights specified for the Requisite Lenders (as defined in the RSA) in the RSA, the term “Prepetition Secured Creditors” shall mean the Requisite Lenders (as defined in the RSA).

Examples of Prepetition Secured Creditors in a sentence

  • For the avoidance of doubt, Challenges may be filed against one or more of the Prepetition Secured Creditors without filing Challenges against each of the other Prepetition Secured Creditors and likewise the Challenge Period may expire as to some but not all of the Prepetition Secured Creditors if a Challenge is filed against one or more of the Prepetition Secured Creditors but not all of them.

  • The Prepetition Agent, for the benefit of the other Prepetition Secured Parties, is hereby authorized and entitled, in its discretion, but in no event is required, to file (and amend and/or supplement, as it sees fit) proofs of claim in each of the Cases on behalf of all of the Prepetition Secured Creditors in respect of the Prepetition Secured Obligations.

  • This stipulation shall be binding upon the Debtors, their estates, all parties in interest in the Cases and their respective successors and assigns, including any Trustee or other fiduciary appointed in the Cases or Successor Cases and shall inure to the benefit of the Prepetition Secured Creditors and the Debtors and their respective successors and assigns.

  • Upon satisfaction of the Prepetition Obligations, the Prepetition Secured Creditors shall release all liens and security interests upon the Prepetition Collateral, Real Estate Liens and all Replacement Liens.

  • On August 14, 2020, the Court entered an order confirming the Modified Second Amended Joint Chapter 11 Plan (Dated July 2, 2020) of the Debtors, the Committee, and the Prepetition Secured Creditors [Doc.

  • The Debtors’ cases are being jointly administered.On August 14, 2020, the Court entered an order confirming the Modified Second Amended Joint Chapter 11 Plan (Dated July 2, 2020) of the Debtors, the Committee, and the Prepetition Secured Creditors [Doc.

  • The DIP Facility and the use of Cash Collateral were negotiated in good faith and at arms’ length among the Debtors, the DIP Agent and the DIP Lenders, with the assistance and counsel of their respective advisors, and the DIP Agent, DIP Lenders, and Prepetition Secured Creditors have acted in good faith.

  • Lectures during the training were held by China and travel profes- sionals working for Finpro Asia.

  • Notwithstanding the entry of an order establishing a bar date in any of these Chapter 11 Cases, or the conversion of these Chapter 11 Cases to a case under chapter 7 of the Bankruptcy Code, neither the Agent nor the other Prepetition Secured Creditors shall be required to file proofs of claim in any of the Cases or Successor Cases with respect to any of the Prepetition Secured Obligations, Adequate Protection Claim or any other claims or liens granted hereunder or created hereby.

  • The Prepetition Liens were granted to the respective Prepetition Secured Creditors for fair consideration and reasonably equivalent value, and were granted in consideration of the making and/or continued making of loans, commitments, and/or other financial accommodations under the Prepetition Credit Documents.


More Definitions of Prepetition Secured Creditors

Prepetition Secured Creditors means SBKC, CFNB, and OneWest.
Prepetition Secured Creditors means the Prepetition Bank Lenders, the Senior Noteholders, the Farley Lenders, and the Synthetic Lease Lenders, including (as
Prepetition Secured Creditors means, collectively: (a) the Bond Insurer; (b) JPMorgan; (c) Fifth Third; and (d) the other Holders of the Bonds.

Related to Prepetition Secured Creditors

  • 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.

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

  • 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.

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

  • 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.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • 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.

  • 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).

  • 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.

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

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • 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.

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

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

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

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

  • 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.

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

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

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

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

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