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.