Prepetition Bank Lenders definition

Prepetition Bank Lenders means those lenders identified as such in the 1997 Credit Agreement, together with their respective successors and assigns.
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Prepetition Bank Lenders. Claims" means, collectively, the Claims held by the Farley Lenders, the Prepetition Bank Lenders, and the Synthetic Lease Lenders.
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Prepetition Bank Lenders. ... means the Holders of the Prepetition Bank Loans.
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Examples of Prepetition Bank Lenders in a sentence

  • On September 19, 1997, FTL Inc., as borrower, and certain of its Subsidiaries (each of them Debtors in the Reorganization Cases), as guarantors, entered into a Credit Agreement (the "1997 Credit Agreement") with certain lenders (the "Prepetition Bank Lenders"), for up to $900 million of loans.

  • The trustee for the City of Jamestown IRBs drew down on a letter of credit issued by the Prepetition Bank Lenders securing the bond obligations in August 2000 and paid the full amount of those IRBs to the holders thereof.

  • The trustee for the City of Jamestown IRBs drew down on a letter of credit issued by the Prepetition Bank Lenders securing the bond obligations in August, 2000 and paid the full amount of those IRBs to the holders thereof.

  • The covenant concerning the minimum number of subscribers shall be set at 75% of the projections, and other financial covenants shall be set at 80% of the projections, as agreed among the Companies, the Prepetition Bank Lenders and the Bondholder Committee.

  • Upon reaching an agreement with the Bondholder Committee, the Companies and representatives of the Bondholder Committee entered into negotiations with representatives of the Prepetition Bank Lenders.

  • Each of the members of the Bondholder Committee, which in the aggregate own or control at least 66 2/3% of the total outstanding principal amount of the Prepetition Subordinated Notes and each of the Prepetition Bank Lenders have agreed to vote to accept the Plan, subject to the terms and conditions set forth in a Forbearance, Lock-up and Voting Agreement by and between the Companies, the Prepetition Bank Lenders and the Bondholder Committee dated as of September 13, 2001.

  • PREPETITION BANK LENDERS AND THEIR ADVISORS The Prepetition Bank Lenders retained Wachtell, Lipton, Rosen & Katz, Richard, Layton & Finger, P.A. as their Delaware counsel, PriceWaterhouseCoopers, LLP as their accountants and financial advisors, and Chilmark Partners ("Chilmark") as their financial advisors.

  • Reorganized Galaxy will enter into the New Bank Term Loan Agreement (a copy of which will be included in the Plan Supplement) whereby Reorganized Galaxy shall acknowledge and incur indebtedness to the Prepetition Bank Lenders in an aggregate principal amount equal to the balance outstanding under the Prepetition Bank Loans as of the Effective Date.

  • In order to ensure that the Companies' business operations can continue without interruption during the Chapter 11 Cases, the Companies intend to file a motion seeking approval of the Bankruptcy Court to utilize "cash collateral" (as that term is defined in the Bankruptcy Code) (the "Cash Collateral") upon which the Prepetition Bank Lenders retain a first priority lien and security interest and to grant the Prepetition Bank Lenders "adequate protection" for the use of such Cash Collateral.

  • As a result, absent the Restructuring, the Prepetition Bank Lenders would likely seek to foreclose on substantially all of the Companies' assets and the Prepetition Noteholders would likely accelerate the indebtedness under the Prepetition Notes, thereby having a material adverse effect on the Companies.

Related to Prepetition Bank Lenders

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

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

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

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

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

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

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • DIP Lender means a lender under the DIP Facility.

  • Prepetition means the time period ending immediately prior to the filing of the Chapter 11 Cases.

  • Prior Lenders means, collectively, the lenders party to the Prior Credit Agreement.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Second Lien Bank Loan means a Bank Loan that is entitled to the benefit of a second lien and second priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

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

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Prepetition Secured Parties means the lender parties under the Prepetition Credit Facilities and the beneficial holders of the Prepetition Secured Notes.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

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

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.