Prepetition Collateral definition

Prepetition Collateral means the collateral described and defined in the Prepetition Loan Documents, which includes “cash collateral” (within the meaning of Bankruptcy Code § 363(a)), as applicable.
Prepetition Collateral shall have the meaning provided in Section 3.1(b).
Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

Examples of Prepetition Collateral in a sentence

  • The Prepetition Obligations and the liens and security interests in the Prepetition Collateral are not subject to avoidance, defense, objection, action, counterclaim, setoff or subordination of any kind whatsoever, except pursuant to this Agreement and the Final Borrowing Order.


More Definitions of Prepetition Collateral

Prepetition Collateral means the Collateral of the Borrowers securing the Liens granted under the Prepetition Loan Documents.
Prepetition Collateral means the Loan Parties’ assets securing Prepetition Indebtedness.
Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.
Prepetition Collateral means the RUS Collateral and the Holding Lender Cash, each as defined below.
Prepetition Collateral means the “Collateral” as such term is defined in the Prepetition Credit Agreement.
Prepetition Collateral all Property securing the Prepetition Obligations.
Prepetition Collateral means the “Collateral” (as defined in the Prepetition First Lien Credit Agreement).