Examples of Prepetition First Lien Term Loan Agent in a sentence
The Prepetition First Lien Term Loan Agent and the Prepetition First Lien ABL Agent shall serve as agent for the DIP Agent for purposes of perfecting the DIP Agent’s security interests and liens on all DIP Collateral that is of a type such that perfection of a security interest therein may be accomplished only by possession or control by a secured party.
All distributions on account of Prepetition First Lien Term Loan Claims may, with the consent of the Prepetition First Lien Term Loan Agent, be made by the Distribution Agent directly to holders of Prepetition First Lien Term Loan Claims in accordance with the terms of the Plan and the Prepetition First Lien Term Loan Documents.
The Prepetition First Lien Term Loan Agent, the Prepetition First Lien ABL Agent and the DIP Agent and their advisors and representatives, shall be given reasonable access to the Debtors’ books, records, assets and properties for purposes of monitoring the Debtors’ businesses and the value of the DIP Collateral as required under and in all circumstances in accordance with the DIP Loan Documents.
The Debtors shall provide the DIP Agent, for the benefit of itself and the other DIP Secured Parties, the Prepetition First Lien Term Loan Agent, for the benefit of itself and the Prepetition First Lien Term Loan Secured Parties and the Prepetition First Lien ABL Agent, for the benefit of itself and the Prepetition First Lien ABL Secured Parties, with all of the financial reporting as required under and in all instances consistent with the DIP Loan Documents.
Any Master Proof of Claim filed by the Prepetition First Lien Term Loan Agent, the Prepetition First Lien ABL Agent, the DIP Agent or the Prepetition Second Lien Agent shall be deemed to be in addition and not in lieu of any other proof of claim that may be filed by any of the respective Prepetition First Lien Term Loan Secured Parties, Prepetition First Lien ABL Secured Parties, DIP Secured Parties or Prepetition Second Lien Secured Parties.
All distributions to Holders of Prepetition First Lien Term Loan Claims shall be deemed completed when made to the Prepetition First Lien Term Loan Agent, which shall be deemed to be the Holder of all Prepetition First Lien Term Loan Claims for purposes of distributions to be made hereunder, for distribution to holders of Prepetition First Lien Term Loan Claims in accordance with the terms of the Prepetition First Lien Term Loan Documents.
Any Master Proof of Claim filed by the Prepetition First Lien Term Loan Agent, the Prepetition First Lien ABL Agent or the DIP Agent shall be deemed to be in addition and not in lieu of any other proof of claim that may be filed by any of the respective Prepetition First Lien Term Loan Secured Parties, Prepetition First Lien ABL Secured Parties or DIP Secured Parties.
Here, the Debtors seek authority to use the Cash Collateral pursuant to the Budget and have sought approval of various forms of adequate protection in favor of the Prepetition First Lien Secured Parties, including adequate protection liens and superpriority claims on the DIP Collateral to the extent of any diminution and reimbursement of reasonable professional fees incurred by the Prepetition First Lien Term Loan Agent.
Pursuant to the Prepetition FirstLien Collateral Documents, the Debtors granted to the Prepetition First Lien Term Loan Agent, for the benefit of their respective Prepetition First Lien Secured Parties, the Prepetition First Priority Liens on the Prepetition First Lien Collateral.
The Debtors will provide notice of this Motion to: (a) the Office of the United States Trustee for the Eastern District of Missouri; (b) the holders of the 50 largest unsecured claims against the Debtors (on a consolidated basis); (c) counsel to the Prepetition ABL Agent;(d) counsel to certain Prepetition ABL Lenders; (e) counsel to the Prepetition First Lien Term Loan Agent and the DIP Term Loan Agent, Norton Rose Fulbright US LLP (Attn: H.