Prepetition Facility definition

Prepetition Facility means that certain senior, secured credit facility entered into pursuant to the Prepetition Credit Agreement.

Prepetition Facility means the credit facility established pursuant to the terms of the Prepetition Credit Agreement.

Prepetition Facility means the credit facility provided pursuant to the Prepetition Credit Agreement.

Examples of Prepetition Facility in a sentence

• All Subsidiary Equity Interests shall remain unimpaired as provided for in Section 5.05, and shall survive in full force and effect on and after the Effective Date solely for the purpose of preserving the corporate structure for the benefit of the Holders of Prepetition Facility Claims, such that as of the Effective Date, Reorganized PEH shall be the owner of all the membership interests of the Reorganized Subsidiaries.

• Each holder of a Prepetition Facility Claim is entitled to vote to accept or reject the Plan.

• To the extent not previously reduced in connection with the Postpetition Credit Agreement, the amount of the Prepetition Facility Claim held by each holder of a Roll-Up Claim shall be deemed reduced by an amount equal to such converted Roll-Up Claim as and when provided in the DIP Financing Orders.

• All Prepetition Facility Claims are deemed Allowed under the Plan.

• The Subsidiary Equity Interests shall not be impaired by the Plan and shall remain in full force and effect on the Effective Date and thereafter, solely for the purpose of preserving the corporate structure for the benefit of the Holders of Prepetition Facility Claims, until they are transferred, otherwise conveyed or cancelled in accordance with applicable law.

More Definitions of Prepetition Facility

Prepetition Facility means loans made by the Prepetition Lenders pursuant to the Prepetition Credit Agreement.

Prepetition Facility. The senior secured credit facility (the “Prepetition Facility”) provided by Citibank, N.A., as Administrative Agent under and as defined therein (the “Prepetition Agent”), and certain lenders (the “Prepetition Lenders”) pursuant to that certain Fourth Amended and Restated Credit Agreement dated as of August 1, 2017 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Prepetition Credit Agreement”) by and among the Borrower (together with its affiliated Chapter 11 debtors, the “Debtors”), as borrower thereunder, Vanguard Natural Resources, LLC, a Delaware limited liability company (the “Parent”), as parent guarantor, the Prepetition Agent and the Prepetition Lenders. Borrower: Vanguard Natural Gas, LLC, a Kentucky limited liability company (the “Borrower”), as reorganized pursuant to the Plan and Confirmation Order.

Prepetition Facility means that certain Credit Agreement, dated as of July 31, 2007, among the Borrower, IndianaCo, IllinoisCo, the Prepetition Lenders, and the Prepetition Agent, as amended by Amendment No. 1 to the Credit Agreement, dated as of October 17, 2012, among the Borrower, IndianaCo, IllinoisCo, the Prepetition Lenders, and the Prepetition Agent.

Prepetition Facility means the credit facility governed by the Prepetition LoanAgreement.

Prepetition Facility means the bridge loan and letter of credit facility provided by the Prepetition Lender under the Prepetition Credit Agreement.

Prepetition Facility shall refer to any of the Prepetition Term Facility or the Prepetition ABL Facility.

Prepetition Facility means that certain Credit Agreement, dated as of December 23, 2004 (as amended, restated, supplemented or otherwise