Examples of Prepetition Guarantors in a sentence
Pursuant to the Prepetition Subsidiary Guaranty, the Prepetition Guarantors jointly and severally guaranteed the full and prompt payment of all fees, obligations, liabilities and indebtedness of FairPoint Communications owed to the Prepetition Credit Agreement Lenders as more fully described in the Prepetition Subsidiary Guaranty.
As more fully set forth in the Prepetition Loan Documents, prior to the Petition Date, the Prepetition Borrower and the Prepetition Guarantors granted to the Prepetition Agent, for the benefit of itself and the Prepetition Lenders, a first priority security interest in and continuing lien on (the “Prepetition Credit Facility Liens”) substantially all of their assets and property, excluding any Excluded Assets (the “Prepetition First Lien Collateral”).
The Prepetition Notes Obligations are secured by duly perfected first priority security interests (the “ Prepetition Liens”) in the enumerated property and assets of the Issuers and Prepetition Guarantors under the Prepetition Indenture (the “Prepetition Collateral”).
The Prepetition Guarantors granted the Debtor Guarantees pursuant to the Prepetition Second Lien Term Loan and the Prepetition Second Lien Notes within two years prior to the Petition Date.
Separate and apart from the agreement of the Prepetition Collateral Trustee, the Prepetition First Lien Secured Parties are receiving adequate protection in the form of adequate protection liens on substantially all assets of the Prepetition Guarantors (as defined in the Interim Order) and superpriority claims to the extent of any diminution in value to the Prepetition First Lien Collateral.
The study results showcase that incident duration has a “strong positive, but concave” relationship with non-recurrent congestion, suggesting that lowering incident duration will, on average, reduce NRC.
As more fully set forth in the Prepetition First Lien Notes Documents, prior to the Petition Date, the Prepetition Secured Notes Issuers and the Prepetition Guarantors granted to the Prepetition First Lien Notes Indenture Trustee,for the benefit of itself and the Prepetition First Lien Noteholders, a first priority security interest in and continuing lien on (the “Prepetition First Lien Notes Liens”) on Prepetition First Lien Collateral.
As more fully set forth in the Prepetition First Lien Notes Documents, prior to the Petition Date, the Prepetition Secured Notes Issuers and the Prepetition Guarantors granted to the Prepetition First Lien Notes Indenture Trustee, for the benefit of itself and the Prepetition First Lien Noteholders, a first priority security interest in and continuing lien on (the “Prepetition First Lien Notes Liens”) on Prepetition First LienCollateral.
The Debtor Guarantees granted by the Prepetition Guarantors in connection with the Prepetition Second Lien Facilities were to or for the benefit of Prepetition Second Lien Lender Defendants.
Pursuant to the Prepetition Subsidiary Guaranty, the Prepetition Guarantors jointly and severally guaranteed the full and prompt payment of all fees, obligations, liabilities and indebtedness of FairPointCommunications owed to the Prepetition Credit Agreement Lenders as more fully described in the Prepetition Subsidiary Guaranty.