Prepetition First Lien Lender definition

Prepetition First Lien Lender means a “Lender” as defined in the Prepetition First Lien Credit Agreement.
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Prepetition First Lien Lender means any banks, financial institution, or other lender, together with its respective successors and assigns, party to the Prepetition First Lien Credit Agreement.
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Prepetition First Lien Lender means Citiking International US, LLC as lender under the Prepetition First Lien Credit Agreement.
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Examples of Prepetition First Lien Lender in a sentence

  • The filing of this Plan, any statement or provision contained in this Plan, or the taking of any action by the Debtors with respect to this Plan shall not be and shall not be deemed to be an admission or waiver of any rights of the Debtors, the Prepetition Agent, the Prepetition First Lien Lender or any other Person with respect to Claims against and Interests in the Debtors.

  • On the Effective Date, the Prepetition First Lien Lender shall deposit the OAC GUC Distribution Pool into a segregated interest-bearing account maintained by the Debtors or Reorganized Debtors, as applicable, for the benefit of the holders of Allowed ONE Aviation General Unsecured Claims.

  • On the Effective Date, the Committee and its members shall forever waive, relinquish, and release any and all Causes of Action, including any derivative claims, the Committee had, has, or may have had against the Debtors, the Prepetition First Lien Lender, and the other Released Parties.

  • The Prepetition First Lien Agent, which is also the DIP Agent, may, but shall not be required to, distribute any written financial information or periodic reporting that it receives in its capacity as DIP Agent to any Prepetition First Lien Lender that is not a DIP Lender, who requests the same.

  • In lieu of any applicable Prepetition First Lien Lender receiving a direct or indirect interest in the Purchased Assets, the Purchaser may exercise the Cash Out Option.

  • Unless otherwise ordered by the Bankruptcy Court, the Debtors shall execute and deliver to the DIP Administrative Agent and/or the Prepetition First Lien Lender, as applicable, all such financing statements, mortgages, notices and other documents as such parties may reasonably request to evidence, confirm, validate or perfect, or to insure the contemplated priority of, the DIP Liens and the Adequate Protection Liens, as applicable, granted pursuant hereto.

  • Each Prepetition First Lien Lender (that is an Eligible Participant) will receive Subscription Rights to subscribe for its Pro Rata share of the Rights Offering Securities for an aggregate purchase price in Cash equal to $175 million.

  • The Prepetition First Lien Lender is entitled to the adequate protection as set forth herein pursuant to sections 361, 362, 363 and 364 of the Bankruptcy Code for any Diminution in Value (as defined below), to the extent permitted by the Subordination Agreement.

  • Solely for the purposes of the classification and treatment provisions under this Plan, the Prepetition First Lien Lender agrees to waive and shall receive no distribution on account of its unsecured deficiency claims arising under the Prepetition First Lien Credit Agreement.

  • Holders of Prepetition First Lien Lender Claims will also receive the following:  the Subscription Documents and instructions for completing the Subscription Documents; and  the Stockholders Agreement.In soliciting votes for the Plan pursuant to this Disclosure Statement from the Holders of Claims in Classes 4 and 5, the Solicitation Package, including the Ballot to be used by Holders of Claims in such Class to vote to accept or reject the Plan, will be posted by the Prepetition Agents on Intralinks.


More Definitions of Prepetition First Lien Lender

Prepetition First Lien Lender means any lender under the Prepetition First Lien Credit Agreement.
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Prepetition First Lien Lender means a lender party to the Prepetition First Lien Loan Agreement from time to time.
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Prepetition First Lien Lender has the meaning assigned to “Lender” in the Prepetition Credit Agreement.
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Prepetition First Lien Lender means any holder of Prepetition First Lien Claims.
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Related to Prepetition First Lien Lender

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

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

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • DIP Lender means a lender under the DIP Facility.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

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

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

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

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • DIP means (1) the debtor in possession in a chapter 11 case in which no trustee has been appointed and is serving, and (2) the debtor in possession in a chapter 12 case in which the debtor has not been removed under §1204 without reinstatement.

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

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • First Lien/First Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • First Lien Last Out Loan Any Collateral Obligation that would be a Senior Secured Loan except that, following a default, such Collateral Obligation becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest (subject to Liens for “ABL” revolvers and customary encumbrances) on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • First Lien With respect to any second lien Mortgage Loan, the mortgage loan relating to the corresponding Mortgaged Property having a first priority lien.

  • Subordinated Lenders means the holders of Subordinated Debt.

  • Additional First Lien Obligations means all amounts owing to any Additional First-Lien Secured Party (including the Initial Additional First-Lien Secured Parties) pursuant to the terms of any Additional First-Lien Document (including the Initial Additional First-Lien Documents), including, without limitation, all amounts in respect of any principal, premium, interest (including any interest accruing subsequent to the commencement of a Bankruptcy Case at the rate provided for in the respective Additional First-Lien Document, whether or not such interest is an allowed claim under any such proceeding or under applicable state, federal or foreign law), penalties, fees, expenses, indemnifications, reimbursements, damages and other liabilities, and guarantees of the foregoing amounts.