Prepetition Second Lien Administrative Agent definition

Prepetition Second Lien Administrative Agent means GLAS USA LLC, in its capacity as successor administrative agent under the Prepetition Second Lien Credit Agreement, and its successors and assigns.
Sample 1Sample 2Sample 3
Prepetition Second Lien Administrative Agent means Morgan Stanley Senior Funding, Inc., in its capacity as administrative agent under the Prepetition Second Lien Credit Agreement.
Sample 1Sample 2
Prepetition Second Lien Administrative Agent means ICG Debt Administration LLC, in its capacity as administrative agent under the Prepetition Second Lien Note Purchase Agreement and related financing documents or any such successor administrative agent.
Sample 1Sample 2

Examples of Prepetition Second Lien Administrative Agent in a sentence

  • Between May 18, 2018 and the Petition Date, affiliates of the Prepetition Second Lien Administrative Agent funded an additional $15,530,000 to support the Debtors’ operations.

  • To secure the Prepetition Second Lien Obligations, the Debtors granted the Prepetition Second Lien Administrative Agent, for the benefit of itself and the Prepetition Second Lien Lenders, certain second priority liens (the “ Prepetition SecondLiens” and together with the Prepetition Senior Liens, the “Prepetition Liens”) on certain collateral (the “Prepetition Second Lien Collateral” and together with the Prepetition Senior Collateral, the “Prepetition Collateral”).

  • The Prepetition Second Lien Lenders and the Prepetition Second Lien Administrative Agent have consented, and are deemed to have consented pursuant to Section 2.3(A) of the Intercreditor Agreement, to the terms and provisions of the DIP Facility and the DIP Loan Documents.

  • Following this default, the Debtors, the Prepetition Secured Parties, the Prepetition Second Lien Lenders and the Prepetition Second Lien Administrative Agent entered into two forbearance agreements and extensions to the Prepetition First Lien Credit Agreement and the Prepetition Second Lien Promissory Note, including most recently that certain Fifth Extension of Second Forbearance Agreement dated as of May 10, 2019 (the “ Forbearance Agreement”), which expired on May 31, 2019.

  • The Claims amount of Class 2 Claims for voting purposes only will be established based on the amount of the applicable positions held by such Class 2 Claim Holder, as applicable, as of the Voting Record Date, as evidenced by the applicable records provided by the Prepetition Second Lien Administrative Agent in electronic Microsoft Excel format to the Debtors or the Notice and Claims Agent no later than one (1) business day following the Voting Record Date.Class 3 Claims.

  • As security for the repayment obligations under the Prepetition Second Lien Promissory Note, the borrowers and guarantors thereto granted the Prepetition Second Lien Administrative Agent, the Prepetition Second Liens on the Prepetition Second Lien Collateral.

  • On May 18, 2018, the Prepetition Second Lien Promissory Note was made by the borrowers in favor of the Prepetition Second Lien Administrative Agent and the holders of the Prepetition Second Lien Promissory in the outstanding principal amount of $14,081,469.66 and, on November 21, 2018, was amended and restated in the outstanding principal amount of$18,800,000.

  • Any proof of claim filed by the DIP Agent, the Prepetition First Lien Agent, the Prepetition Second Lien Administrative Agent and the Prepetition Second Lien Notes Trustee shall be deemed to be in addition to and not in lieu of any other proof of claim that may be filed by any of the respective DIP Secured Parties or the Prepetition Secured Parties.

  • Between mid-December 2018 and the Petition Date, affiliates of the Prepetition Second Lien Administrative Agent funded an additional$15,530,000 to support the Debtors’ operations, but the Prepetition Second Lien Promissory Note was never amended to reflect the additional advances.

  • The Prepetition Second Lien Lenders assert that the additional advances made by affiliates of the Prepetition Second Lien Administrative Agent to the Debtors are unsecured obligations.


More Definitions of Prepetition Second Lien Administrative Agent

Prepetition Second Lien Administrative Agent means Riverside Strategic Capital Fund I, L.P., in its capacity as administrative agent under the Prepetition Second Lien Promissory Note, and its permitted successors and assigns in such capacity.
Sample 1Sample 2
Prepetition Second Lien Administrative Agent means Wilmington Savings Fund Society, FSB (as successor to Deutsche Bank AG New York Branch), its successors and assigns as “Administrative Agent” pursuant to the Prepetition Second Lien Credit Agreement.
Sample 1Sample 2
Prepetition Second Lien Administrative Agent means Riverside Strategic Capital Funds I, L.P., as agent for the Prepetition Second Lien Promissory Note (together with its permitted sub-agents, delegates, attorneys-in-fact, and successors and assigns).
Sample 1
Prepetition Second Lien Administrative Agent means the administrative agent for the lenders under the Prepetition Second Lien Credit Agreement.
Sample 1

Related to Prepetition Second Lien Administrative Agent

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

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

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

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

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

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

  • 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.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • 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.

  • Administrative Agent as defined in the preamble hereto.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Administrative Agent’s Fee Letter means that certain Administrative Agent’s Fee Letter dated as of January 13, 2010 by and among the Administrative Agent, International Paper and Borrower, as the same may be amended, restated or otherwise modified from time to time.

  • 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.

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

  • 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.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

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

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

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

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