Prepetition Credit Agreements definition
Examples of Prepetition Credit Agreements in a sentence
New Board If a Reorganization Transaction is consummated, the board of directors of Reorganized AAC as of the Effective Date (the “New Board”) shall consist of 7 directors, with 6 of the initial directors being selected by the ad hoc group of lenders under the Prepetition Credit Agreements represented by Stroock & Stroock & ▇▇▇▇▇ LLP (the “Ad Hoc Group”) and one director being the CEO of the Reorganized Debtors.
Notwithstanding anything else contained herein, the Prepetition Credit Agreements and applicable Prepetition Finance Documents shall continue in full force and effect, except as amended and restated, supplemented, superseded, terminated or otherwise modified pursuant to, or in connection with, the Amended Finance Documents.
The Parties agree and acknowledge that the reported amount of such Credit Agreement Claims does not necessarily reflect the full amount of such Creditor’s Claims in respect of the Prepetition Credit Agreements (including, without limitation, principal, accrued and unpaid interest, fees and expenses) and any disclosure made on any Supporting Creditor Signature Block shall be without prejudice to any subsequent assertion by or on behalf of such Supporting Creditor of the full amount of its Claims.
With respect to Claims related to the Prepetition Credit Agreements (“Credit Agreement Claims”), each Supporting Creditor Signature Block shall disclose only the aggregate principal amount of such Supporting Creditor’s beneficially owned or managed Credit Agreement Claims.
Borrower shall, or shall cause its Subsidiaries to, as applicable, timely pay any and all (i) amounts owing for interest, fees and expenses due under the Prepetition Credit Agreements and (ii) Rent (as defined in the Mountain Pass Lease), fees and expenses due under the Mountain Pass Lease.