Prepetition definition

Prepetition means arising or accruing prior to the Petition Date.
Prepetition means the time period ending immediately prior to the filing of the Chapter 11 Cases.
Prepetition means occurring prior to the Petition Date.

Examples of Prepetition in a sentence

  • Prepetition liabilities that are subject to compromise under ASC 852 are preliminary and may be subject to, among other things, future adjustments depending on Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, rejection of executory contracts, continued reconciliation or other events.

  • Prepetition liabilities that have been paid post-petition or those that each Debtor anticipates paying via this authorization have not been included in the Schedules.

  • Pursuant to the Interim Order Granting Motion for Authority to Pay Prepetition Wages and Other Employee Benefit Claims [Docket No. 66] (the “Wages Order”), the Bankruptcy Court granted the Debtors authority to pay or honor certain prepetition obligations for wages, salaries, and other compensation, and employee medical and similar benefits.

  • Prepetition liabilities which have been paid postpetition have been excluded from the Schedules and Statements.

  • Prepetition receivables and payables among the Debtors in these chapter 11 cases and their non-Debtor affiliates are reported on Schedule A/B and Schedule E/F, respectively, per the Debtors’ books and records.


More Definitions of Prepetition

Prepetition when used with respect to any agreement or instrument, any claim or proceeding or any other matter, shall refer to an agreement or instrument that was entered into or became effective, a claim or proceeding that arose or was instituted, or another matter that occurred, prior to the Petition Date.
Prepetition means, with respect to each Debtor, prior to the Petition Date for such Debtor.
Prepetition with respect to a particular Debtor, refers to the time period on or prior to the date on which such Debtor filed a voluntary petition for relief under the Bankruptcy Code, as set forth in Exhibit A hereto.
Prepetition means the time period ending immediately prior to the filing of the Cases.
Prepetition means the time period prior to the Petition Date.
Prepetition means before the filing of the petitions commencing the chapter 11 cases. Here, amounts owed for goods received or services rendered before October 3, 2022, are considered “prepetition” amounts.
Prepetition means the period of time preceding the Petition Date and concluding on the Petition Date.