Prepetition Obligations definition

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

Examples of Prepetition Obligations in a sentence

  • Amounts advanced by the DIP Borrower for the general corporate purposes of any Subsidiary in accordance with the DIP Credit Agreement shall be and are hereby subordinated to the Prepetition Obligations and the DIP Obligations and shall be pledged as collateral security on a first priority basis to secure the DIP Facility.

  • The liens and security interests (collectively, the “Prepetition Liens”) granted by the Debtors under the Prepetition Collateral Documents to or for the benefit of the Prepetition Secured Parties as security for the Prepetition Obligations encumber substantially all of the Debtors’ assets and property (all such assets and property, as the same existed on or at any time prior to the Petition Date, together with all cash and non-cash proceeds thereof, collectively, the “Prepetition Collateral”) .

  • Any failure by the Debtors on or after the Petition Date to comply with the segregation requirements of section 363(c)(4) of the Bankruptcy Code in respect of any Cash Collateral shall not be used as a basis to challenge the Prepetition Obligations, or the extent, validity, enforceability or perfected status of the Prepetition Liens.

  • As of the Petition Date, the value of the Prepetition Collateral (defined below) exceeds the amount of the Prepetition Obligations.

  • See Section VI.A.4, "Certain Prepetition Obligations - Synthetic Lease", for a discussion of the Synthetic Lease.


More Definitions of Prepetition Obligations

Prepetition Obligations means “Obligations” as defined in the Prepetition Credit Agreement.
Prepetition Obligations means the “Obligations” as defined in the Prepetition Facility.
Prepetition Obligations means the obligations of the Loan Parties under the Prepetition Credit Documents, including “Obligations” as defined under the Prepetition Note Purchase Agreement.
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 has the meaning set forth in the recitals of this Agreement.
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.