Examples of Prepetition Term Loan Credit Agreement in a sentence
Specifically, the North American Debtors propose to provide to the DIP Lenders and the Intercompany DIP Lenders, subject to the Carve-Out and the priorities set forth in the DIP Orders, first priority “priming” liens on property encumbered under the Prepetition ABL Credit Agreement and certain collateral under the Prepetition Term Loan Credit Agreement, and first liens on certain of the North American Debtors’ encumbered and unencumbered property, as set forth in the Interim Order.
Each Adequate Protection Payment shall be without prejudice, and with a full reservation of rights, as to whether such payment should be recharacterized or reallocated pursuant to section 506(b) of the Bankruptcy Code as payments under the Prepetition Term Loan Credit Agreement (whether as principal, interest or otherwise).
As of the Petition Date, the aggregate outstanding obligations arising under the Prepetition Term Loan are a principal amount of approximately $276.7 million, plus accrued and unpaid interest, costs, expenses, fees and other charges (in each case, to the extent reimbursable under the Prepetition Term Loan Credit Agreement).
Entities with Interests in Cash Collateral Bankruptcy Rule 4001(b)(l)(B)(i) Prepetition ABL Lenders under the Prepetition ABL Credit Agreement and the Prepetition Term Loan Lenders under the Prepetition Term Loan Credit Agreement.
The Prepetition Term Loan Agent shall not be required to file proofs of claim in the Chapter 11 Cases or any successor case in order to assert claims on behalf of itself and the Prepetition Term Loan Lenders for payment of the Prepetition Term Loan Obligations arising under the Prepetition Term Loan Credit Agreement, including, without limitation, any principal, unpaid interest, fees, expenses and other amounts under the Prepetition Term Loan Credit Agreement.