Examples of Prepetition Indenture in a sentence
For the avoidance of doubt and notwithstanding anything to the contrary herein or in the Prepetition Indenture, the Carve Out shall be senior to all liens and claims securing the DIP Facility, the Adequate Protection Liens, the Adequate Protection Claims, and any and all other forms of adequate protection, liens, or claims securing the DIP Obligations or the Prepetition Notes Obligations.
Notwithstanding the foregoing, distributions to the DIP Lenders and beneficial holders of Prepetition Secured Notes shall be made to the DIP Agent and the Prepetition Indenture Trustee, respectively.
Pursuant to the Prepetition Indenture, Gibson issued secured notes in the principal amount of $375 million (the “Prepetition Secured Notes” and the Holders of such Prepetition Secured Notes, the “Prepetition Secured Noteholders”).
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”).
Except as provided pursuant to this Plan and the Confirmation Order, the DIP Agent, the Prepetition Indenture Trustee, the Prepetition ABL/Term Loan Agent, and their respective agents, successors, and assigns, as applicable, shall be discharged of all of their obligations associated with the DIP Facility, the Prepetition Indenture, and the Prepetition ABL/Term Loan Agreement, respectively.