Prepetition Administrative Agent definition
Examples of Prepetition Administrative Agent in a sentence
Except as otherwise provided in the Plan, all distributions to holders of Prepetition Secured Lender Claims and Prepetition Unsecured Lender Claims shall be governed by the Prepetition Credit Agreement, and shall be deemed completed when made to the Prepetition Administrative Agent, who shall in turn make distributions in accordance with the Prepetition Credit Agreement.
The Prepetition Administrative Agent and the Term Loan Lenders shall not be required to file proofs of Claim on account of any Term Loan Claims.
The Debtors, the Creditors’ Committee, the Ad Hoc Bondholders’ Committee and the Prepetition Administrative Agent reserve all rights with respect to whether holders of Class 1 Prepetition Secured Lender Claims are in fact Unimpaired by the terms of the Plan.
The Instructing Group and the Last Out Requisite Term Lenders shall be satisfied with the terms of the Fourth Amendment and Canadian Forbearance Agreement and it shall have been executed and delivered by the Borrower, Accuride Canada, each other Loan Party, each of the Prepetition Lenders required to be party thereto and the Prepetition Administrative Agent.
Pursuant to sections 361, 363, 503(b), and 507(b) of the Bankruptcy Code, as adequate protection, (i) the Prepetition Collateral Agent, for the benefit of itself and the applicable Prepetition Secured Parties, shall receive the Adequate Protection Liens (as defined below) and the 507(b) Claims and (ii) the Prepetition Administrative Agent, for the benefit of itself and the Prepetition Credit Agreement Secured Parties, shall receive the applicable Adequate Protection set forth in paragraph 4 hereof.