Adequate Protection Payments means the aggregate of all adequate protection payments representing interest made with respect to the First Lien Notes pursuant to paragraph 16(c) of the Final DIP Order.
Adequate Protection Payments means payments made pursuant to the Orders by the Borrower or the Guarantor to (a) pay accrued and unpaid interest on the Prepetition Indebtedness at the rate specified in the Prepetition Credit Agreement (other than the Default Rate as defined in the Prepetition Credit Agreement) on each Monthly Payment Date, and (b) reimburse all pre- and postpetition reasonable fees, costs and expenses, including any reasonable attorneys’, accountants’, financial advisors’ and other fees and expenses that are chargeable or reimbursable pursuant to the Prepetition Credit Agreement or any other Prepetition Financing Document.
Adequate Protection Payments shall have the meaning provided in the Orders.
Examples of Adequate Protection Payments in a sentence
The Adequate Protection Liens, the Adequate Protection Superpriority Claims, the ABL Adequate Protection Payments, and the ABL Adequate Protection Fees and Expenses (each as defined herein) are consistent with and authorized by the Bankruptcy Code.
The Lender reserves the right to assert interest at the default rate, payment of reasonable fees and expenses and such further amounts as Adequate Protection Payments subject to further order of the Court.
Any Adequate Protection Payments paid to Lender under this Interim Order are subject to claw back and repayment to the Estates upon the Court’s entry of a final order, which is not subject to appeal, directing the Lender to return such Adequate Protection Payments to the Estates.
All Interest and Accruing Fees and, if applicable, Adequate Protection Payments, accrued but unpaid by the obligor(s) with respect to the Purchase Amount of the Debt and allocable to the Delay Period shall be for the account of Buyer.
If (a) the Debt is a Performing Loan, (b) the terms relating to “Paid on Settlement Date” set forth in Section 5 are applicable to the Transaction and (c) the Assignment Effective Date occurs on a Delayed Settlement Date, then the “Paid On Settlement Date Amount” shall be deemed to mean an amount equal to the accrued but unpaid amount of Interest and Accruing Fees and, if applicable, Adequate Protection Payments, to (but excluding) the Commencement Date.
More Definitions of Adequate Protection Payments
Adequate Protection Payments means payments made by the Borrower or the Guarantor subject to the right of any interested party other than the Debtors to later assert that such payments should be reallocated to principal pursuant to section 506 of the Bankruptcy Code, to (i) pay accrued and unpaid interest on the Prepetition Indebtedness at the times and at the rate specified in the Prepetition Credit Agreement (other than the Default Rate as defined in the Prepetition Credit Agreement), and (ii) reimburse all pre- and postpetition reasonable costs and expenses, including but not limited to any reasonable attorneys’, accountants’, financial advisors’ and other fees and expenses that are chargeable or reimbursable pursuant to the Prepetition Credit Agreement or any other Prepetition Financing Document, of the Prepetition Agent under the Prepetition Credit Agreement. Counsel for the Postpetition Lender shall submit summaries of their invoices (generally describing work performed but excluding detailed time entries) to the U.S. Trustee and counsel for the Committee at the same time their invoices are submitted to the Prepetition Lender. The U.S. Trustee and the Committee shall have 10 calendar days from receipt of such invoice summaries to file an objection to them with the Court. If no objection is timely filed, the fees and expenses will be deemed reasonable and shall be promptly paid by the Borrower or the Guarantor.
Adequate Protection Payments means payments made by the Borrower or the Guarantor subject only to the right of any interested party other than the Debtors to later assert that such payments should be reallocated to principal pursuant to section 506 of the Bankruptcy Code (and reallocation of such payments to principal upon entry of a final, non-appealable order directing such reallocation), to (i) pay accrued and unpaid interest on the Prepetition Indebtedness at the rate specified in the Prepetition Credit Agreement (other than the Default Rate as defined in the Prepetition Credit Agreement) on each “Monthly Payment Date” (as defined in the Postpetition Credit Agreement), and (ii) reimburse all pre- and postpetition reasonable fees, costs and expenses, including but not limited to any reasonable attorneys’, accountants’, financial advisors’ and other fees and expenses that are chargeable or reimbursable pursuant to the Prepetition Credit Agreement or any other Prepetition Financing Document. Counsel for the Prepetition Agent shall submit summaries of their invoices (generally describing work performed but excluding detailed time entries) to the U.S. Trustee and counsel for the Committee at the same time their invoices are submitted to the Prepetition Agent. The U.S. Trustee and the Committee shall have 10 calendar days from receipt of such invoice summaries to file an objection to them with the Court. If no objection is timely filed, the fees and expenses will be deemed reasonable and shall be promptly paid by the Borrower or the Guarantor.
Adequate Protection Payments means payments made by the Borrower subject to the right of any interested party other than the Debtors to later assert that such payments should be reallocated to principal pursuant to section 506 of the Bankruptcy Code, to (i) pay accrued and unpaid interest on the Prepetition Indebtedness at the times and at the rate specified in the Prepetition Credit Agreement (other than the Default Rate as defined in the Prepetition Credit Agreement), and (ii) reimburse all pre- and postpetition reasonable costs and expenses, including but not limited to any reasonable attorneys’, accountants’, financial advisors’ and other fees and expenses that are chargeable or reimbursable pursuant to the Prepetition Credit Agreement or any other Prepetition Financing Document, of the Prepetition Agent under the Prepetition Credit Agreement.
Adequate Protection Payments means, with respect to the Transferred Rights, amounts (other than PIK Interest) authorized and/or ordered to be paid as adequate protection for the loans and obligations owed under a Credit Agreement pursuant to an Adequate Protection Order that accrue during the period before (but excluding) the earlier of (a) the Settlement Date and (b) the Commencement Date.
Adequate Protection Payments shall have the meaning assigned to such term in Section 5.08.
Adequate Protection Payments means the adequate protection payments to the Prepetition Secured Parties pursuant to the terms of the DIP Orders.
Adequate Protection Payments means the Cash payments made by the Debtors to the Agent and/or the Senior Lenders during the period from the Petition Date through the Effective Date pursuant to any order or other agreement authorizing the Debtors’ use of Cash Collateral in which the Agent and/or Senior Lenders hold or assert an interest, including, without limitation, payments made pursuant to any of the twenty four interim cash collateral orders entered in these Chapter 11 Cases as of the filing of the Plan [D.I. 28, 64, 94, 119, 152, 179, 193, 264, 279, 353, 431, 456, 515, 548, 582, 620, 644, 692, 729, 731, 761, 784, 814, 844, and 857].