Prepetition Claim definition

Prepetition Claim means any Claim that arose prior to the Petition Date.
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Prepetition Claim means any Claim arising prior to the Petition Date.
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Prepetition Claim means any Claim arising on or prior to the Petition Date.
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Examples of Prepetition Claim in a sentence

  • Such Loan Party will not, and will not permit any of its Subsidiaries to, directly or indirectly, declare, order, pay, make or set apart any sum for any Restricted Payment except (a) Restricted Payments by any Loan Party to another Loan Party and (b) Restricted Payments in respect of Permitted Prepetition Claim Payments.

  • Acknowledgement of Prepetition Claim By RAC’s signature hereto, the Debtors hereby acknowledge McKesson’s prepetition claim for goods delivered prior to the Petition Date and that such claim constitutes an administrative claim under Section 503(b)(9) of the Bankruptcy Code.

  • If the Court determines that the Prepetition Claim is greater than that asserted by Barry's, paragraph B.1 above shall be increased accordingly (and Barry's will return additional Prepetition Merchandise to Supplier subject to the limitation set forth in paragraph 2 of the Term Sheet) provided that Supplier increases its Minimum Credit Commitment pursuant to paragraph C.1 and otherwise complies with the terms of this Agreement and the Term Sheet.

  • Should Barry's be unable, despite such reasonable and good faith efforts, to match the Prepetition Merchandise to be returned to Supplier with Supplier's invoices, Supplier will nonetheless be required to accept the Prepetition Merchandise (as long as the Prepetition Merchandise being returned to Supplier is of the same Category or Categories as the merchandise supplied to Barry's by Supplier prepetition) and to reduce its Prepetition Claim (as described in paragraph D.1) accordingly.

  • Such Loan Party will not, and will not permit any of its Subsidiaries to, directly or indirectly, declare, order, pay, make or set apart any sum for any Restricted Payment except Restricted Payments in respect of Permitted Prepetition Claim Payments.

  • Landlord shall give Tenant at least twenty-four (24) hour prior notice of such entry, except in the case of an emergency.

  • From and after the Closing Date, Borrowers agree --------------- that the proceeds from the Revolving Loan and the Swing Line Loan may only be used to fund Borrowers' and Guarantors' working capital requirements and capital expenditures and for general corporate purposes, including, without limitation, Permitted Expenses and, prior to the occurrence of a Default or an Event of Default, Permitted Prepetition Claim Payments.

  • Such Grantor will not, and will not permit any of its Subsidiaries to, amend or modify any Contractual Obligation relating to Indebtedness incurred or deemed incurred prior to the Petition Date or prepay, redeem, purchase, defease, exchange or repurchase any such Indebtedness, other than any Permitted Prepetition Claim Payment.

Related to Prepetition Claim

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • DIP Facility Claims means, collectively, DIP ABL Facility Claims and DIP Term Facility Claims.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

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