Adequate Protection Liens definition

Adequate Protection Liens means any Liens granted in any Insolvency Proceeding to any Secured Party as adequate protection of the Secured Obligations held by such Secured Party.

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Adequate Protection Liens has the meaning assigned such term in the DIP Orders.

Adequate Protection Liens means the replacement Liens on all of the Collateral granted to the Prepetition Agent pursuant to the Orders, subject and junior only to the Postpetition Liens, the Non-Primed Liens and the Carve-Out.

Examples of Adequate Protection Liens in a sentence

Each of the DIP Liens, the DIP Superpriority Claims, the Prepetition Liens, the Adequate Protection Liens, and the Adequate Protection Claims shall be subject and subordinate to payment of the Carve Out to the extent set forth in Exhibit 1.
Secured Notes Adequate Protection Liens Prepetition RCF Liens RCF Secured Parties Cash Collateral Adequate Protection Liens N/A Secured Notes Adequate Protection Liens and RCF Adequate Protection Liens 5.
RCF Adequate Protection Liens Secured Notes Adequate Protection Liens N/A N/A N/A 7.
Without limiting the foregoing, the Secured Notes Adequate Protection Liens shall otherwise be senior to all other security interests in, liens on, or claims against any of the DIP Collateral (subject to the relative priorities set forth in Exhibit 1), including (but subordinate and junior to the DIP Liens) any lien or security interest that is avoided and preserved for the benefit of the Debtors and their estates under section 551 of the Bankruptcy Code.
The RCF Adequate Protection Liens on the Revolving Priority Collateral shall be subordinate only to (a) the Professional Fee Carve Out (up to the RCF Professional Fee Carve Out Cap) and (b) the RCF Permitted Liens (if any).

More Definitions of Adequate Protection Liens

Adequate Protection Liens has the meaning ascribed to such term in the Interim DIP Order or, upon entry of the Final DIP Order, in the Final DIP Order, as applicable.

Adequate Protection Liens. (which are hereby granted to the Prepetition Agent), subject and junior only to the Postpetition Liens, Non-Primed Liens (but only to the extent such Non-Primed Liens were senior in priority to the Prepetition Liens as of the Petition Date) and the Carve-Out. To the extent any Cash Collateral was used by the Borrower prior to the date hereof, but after the Petition Date, the adequate protection provided pursuant to this Interim Order (including, without limitation, the Adequate Protection Liens) shall also apply to provide the Prepetition Agent and the Prepetition Lenders with adequate protection against any diminution in their interests in the Prepetition Collateral resulting from such use of such Cash Collateral prior to the date hereof. Except as provided in this Interim Order with respect to the Postpetition Liens, the Adequate Protection Liens shall not be subject to or pari passu with any Lien on the Postpetition Collateral by any order subsequently entered in the Chapter 11 Cases.

Adequate Protection Liens means the Liens and security interests granted by the DIP Order in all the Postpetition Collateral to secure the Adequate Protection Obligations.

Adequate Protection Liens shall have the meaning provided in the Orders.

Adequate Protection Liens means Wells Fargo Replacement Liens.

Adequate Protection Liens has the meaning assigned to the term “Adequate Protection Liens” in the Interim Order (or the Final Order, when applicable).

Adequate Protection Liens means the “First Lien Adequate Protection Liens” as defined in the DIP Order.