Initial Debtors definition

Initial Debtors means, collectively, Exide; Exide Delaware; Exide Illinois, and RBD Liquidation, having Filed voluntary chapter 11 petitions on the Initial Petition Date.
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Initial Debtors shall have the meaning set forth in the Introductory Statement.
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Initial Debtors as defined in the recitals. “Initial Note”: as defined in Section 4.1(a)(vi).
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Examples of Initial Debtors in a sentence

  • The liability information provided herein, except as otherwise noted, represents the liability data of the Initial Debtors as of September 26, 2017 and of the Additional Debtor as of October 13, 2017.

  • The Initial Debtors have moved for joint administration of these cases under the case number assigned to Bouchard Transportation Co., Inc.

  • Accordingly, unless otherwise indicated, the Debtors’ Schedules and Statements reflect net book values as of September 26, 2017 for the Initial Debtors and as of September 30, 2017 for the Additional Debtor.

  • The Debtors are operating their businesses and managing their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.The asset information provided in the Schedules and Statements, except as otherwise noted, represents the asset data of the Initial Debtors as of September 26, 2017 and of the Additional Debtor as of September 30, 2017.

  • On September 26, 2017 (the “Petition Date”) the Initial Debtors each fi led voluntary petitions for relief under chapter 11 of the Bankruptcy Code.

  • Shortly following the commencement of the Initial Chapter 11 Cases, the Initial Debtors filed motions seeking additional relief (“Second Day Orders”).

  • Following this determination, on March 19, 2012, the Initial Debtors (as defined below) commenced the Chapter 11 Cases.

  • Bouchard Corp., Case No. 20-34681 (DRJ) Tug Bouchard Girls Corp., Case No. 20-34684 (DRJ) On the date hereof, each of the entities listed below (collectively, the “Subsequent Debtors” and together with the Initial Debtors, the “Debtors”) filed a petition in the Bankruptcy Court for relief under chapter 11 of title 11 of the United States Code.

  • Upon the commencement of the Initial Chapter 11 Cases, the Initial Debtors filed numerous motions seeking the relief provided by certain first day orders (the “First Day Orders”).

  • As noted above, the Initial Debtors filed for relief under Chapter 11 of the Bankruptcy Code on May 26, 2020 (the “Initial Chapter 11 Cases”) and the Subsequent Debtors filed on July 7, 2020 and July 9, 2020 (the “Subsequent Chapter 11 Cases” and, together with the Initial Chapter 11 Cases, the “Chapter 11 Cases”).


More Definitions of Initial Debtors

Initial Debtors has the meaning ascribed to such term in the Recitals set forth herein.
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Initial Debtors means MLC; MLC of Harlem, Inc. (f/k/a Chevrolet-Saturn of Harlem, Inc.); MLCS, LLC (f/k/a Saturn, LLC); and MLCS Distribution Corporation (f/k/a Saturn Distribution Corporation).
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Initial Debtors means, collectively, NAC A/S, NAC Aviation 20 Limited, NAC Aviation 17 Limited, and Nordic Aviation Capital Pte. Ltd.
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Initial Debtors as defined in the recitals.
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Related to Initial Debtors

  • Reorganized Debtors means, subject to the Restructuring Transactions, the Debtors as reorganized pursuant to this Plan on or after the Effective Date, and their respective successors.

  • 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.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

  • Debtors has the meaning set forth in the Recitals.

  • Additional Senior Debt Documents means, with respect to any series, issue or class of Additional Senior Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Senior Collateral Documents.

  • 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.

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

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

  • Petition Date means the date on which the Debtors commenced the Chapter 11 Cases.

  • Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.

  • Second Lien Secured Parties means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Second Lien Lenders and the agents under 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.

  • ABL Facility Documents the “Loan Documents” as defined in the Senior ABL Facility Agreement, as the same may be amended, supplemented, waived, otherwise modified, extended, renewed, refinanced or replaced from time to time.

  • Senior Lender Claims means (a) the principal of all Indebtedness outstanding under one or more of the Senior Lender Documents to the extent not prohibited by the Indenture (as in effect on the date hereof), and (b) all other Obligations not constituting principal of Indebtedness of any Obligor under the Senior Lender Documents, including, without limitation, all claims under the Senior Lender Documents for interest, fees, expense reimbursements, indemnification and other similar claims. Senior Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Senior Credit Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. To the extent any payment with respect to the Senior Lender Claims (whether by or on behalf of any Obligor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred. Notwithstanding anything to the contrary contained in the first sentence of this definition, any principal Indebtedness (including reimbursement obligations for drawn or undrawn letters of credit) incurred under the Senior Credit Agreement shall constitute a "Senior Lender Claim" (whether or not such Indebtedness is at any time determined not to have been permitted to be incurred under the Indenture), to the extent, after giving effect to such incurrence, the aggregate principal amount of Indebtedness outstanding under the Senior Credit Agreement does not exceed $15,000,000 (less any prior permanent reductions in the Revolving Loan Commitment).

  • Designated Senior Representative means (i) if at any time there is only one Senior Representative for a Senior Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) does not apply, the Applicable Authorized Representative (as defined in the First Lien Intercreditor Agreement) at such time.

  • Prepetition means arising or accruing prior to the Petition Date.

  • Account Debtors mean all Persons who are obligated on the Receivables.

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

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

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement, in each case as amended, supplemented, or modified from time to time prior to the Petition Date.

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

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.