Prepetition Lenders Claims definition

Prepetition Lenders Claims means the Claims of the Prepetition Secured Parties, against the Debtors arising from, related to, arising under, or in connection with the Prepetition Loan Documents, for any and all outstanding obligations thereunder incurred through and including the Effective Date, and taking into account the sum of all payments or other distributions made by any of the Debtors to the Administrative Agent or the Prepetition Lenders prior to the Effective Date on account of such Claims (pursuant to the Cash Collateral Orders, any other Final Order of the Bankruptcy Court, or otherwise). The Prepetition Lenders Claims include the Prepetition Lenders Secured Claims, the Prepetition Lenders Adequate Protection Claim, and the Prepetition Lenders Deficiency Claims.
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Prepetition Lenders Claims means, collectively, the DMW Lenders Claims, the DME Lenders Claims and the RHDI Lenders Claims.
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Prepetition Lenders Claims means the claims of Prepetition Lenders against the Loan Parties for amounts owing under the Prepetition Credit Facilities as of the Petition Date (including Contingent Obligations arising as the result of outstanding letters of credit) plus interest, fees and charges accruing after such date.
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Examples of Prepetition Lenders Claims in a sentence

  • The remainder of Claims filed in the Falcon V case were scheduled by the Debtors and total approximately $6.0 million, excluding the Prepetition Lenders Claims and the Argonaut Insurance Company Claims.

  • Distributions on account of Prepetition Lenders Claims, Prepetition Senior Notes Claims, Prepetition Senior Subordinated Notes Claims and Old Common Stock (if applicable) shall be made to the Prepetition Agent, the Prepetition Senior Notes Indenture Trustee, Prepetition Senior Subordinated Notes Indenture Trustee and the applicable transfer agent for the Old Common Stock, respectively.

  • Distributions on account of Prepetition Lenders Claims, Prepetition Senior Notes Claims and Prepetition Senior Subordinated Notes Claims shall be made to the Prepetition Agent, the Prepetition Senior Notes Indenture Trustee and Prepetition Senior Subordinated Notes Indenture Trustee, respectively.

  • All Distributions on account of the Prepetition Lenders Claims shall be made to the Administrative Agent for the benefit of the Prepetition Lenders, and shall be applied and maintained or disbursed, as applicable, by the Administrative Agent in accordance with the terms of the Prepetition Loan Documents.

  • The Holders of Allowed Prepetition Lender Claims shall receive in the aggregate, in full satisfaction and release of their Prepetition Lenders Claims and as the sole amounts to be paid by the Debtors or their Estates on account of the Prepetition Lender Claims, the Distributable Lender Assets.

  • The Plan places Priority Claims, Prepetition Lenders' Claims, Miscellaneous Secured Claims, PBGC Claims, General Unsecured Claims, Convenience Claims, PIK Preferred Stock, Old Common Stock, Subsidiary Common Stock and Old Other Interests in separate Classes.

  • Prepetition Lenders Claims consist of RHDI Lenders Claims (Class 3D), DMW Lenders Claims (Class 4D) and DME Lenders Claims (Class 5D).

  • Such perfected security interests in, and Liens upon, such collateral shall continue to secure the obligations to the Prepetition Lenders under the Combined Plan and Disclosure Statement until such time as the Allowed Prepetition Lenders Claims have been satisfied in full, or all of the Prepetition Lenders prepetition and post-petition collateral has been liquidated by the Distribution Trustee in accordance with the Combined Plan and Disclosure Statement, whichever occurs first.

  • Strengths include knowledge about and weaknesses are lacking the skills that are mentioned.

  • However, the Unsecured Creditors' Committee and certain other creditors have questioned the legal basis of the Prepetition Lenders' Claims, including their asserted entitlement to the value of the Kmart of [] Subsidiaries and the enforceability of the Subsidiary Guaranties.


More Definitions of Prepetition Lenders Claims

Prepetition Lenders Claims means the claims of Prepetition Lenders against Debtor Entities for amounts owing under the Existing Credit Agreement as of the Petition Date (including Contingent Obligations arising as the result of outstanding letters of credit) plus interest, fees and charges accruing after such date.
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Prepetition Lenders Claims means the Claims “Prepetition Lenders
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Prepetition Lenders Claims means any and all Claims in respect of, or in connection with, or arising out of the Prepetition Credit Agreement which are not paid in full following the entry of the Final Postpetition Financing Order.
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Related to Prepetition Lenders Claims

  • 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.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement, in each case as amended, supplemented, or modified from time to time prior to the Petition Date.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Term Loan Claims means the Claims arising in respect of the term facility under the 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.

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

  • Administrative Claims means (i) Claims that have been timely filed before the Administrative Claim Bar Date, pursuant to the deadline and procedure set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries, or commissions for services and payments for goods and other services and leased premises), (ii) Twenty Day Claims, and (iii) Claims timely asserted for stub rental payments under the Debtors’ leases. Any fees or charges assessed against the Estates 1 All capitalized terms not otherwise defined herein shall be subject to the definition of such capitalized terms in Article I.A. hereof. under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Expense Claim and shall be paid in accordance with Article V.M of the Plan. Notwithstanding anything to the contrary herein, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

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

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

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

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

  • Senior Lender Claims means (a) the principal of all Indebtedness outstanding under one or more of the Senior Lender Documents to the extent not prohibited by the Indenture (as in effect on the date hereof), and (b) all other Obligations not constituting principal of Indebtedness of any Obligor under the Senior Lender Documents, including, without limitation, all claims under the Senior Lender Documents for interest, fees, expense reimbursements, indemnification and other similar claims. Senior Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Senior Credit Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. To the extent any payment with respect to the Senior Lender Claims (whether by or on behalf of any Obligor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred. Notwithstanding anything to the contrary contained in the first sentence of this definition, any principal Indebtedness (including reimbursement obligations for drawn or undrawn letters of credit) incurred under the Senior Credit Agreement shall constitute a "Senior Lender Claim" (whether or not such Indebtedness is at any time determined not to have been permitted to be incurred under the Indenture), to the extent, after giving effect to such incurrence, the aggregate principal amount of Indebtedness outstanding under the Senior Credit Agreement does not exceed $15,000,000 (less any prior permanent reductions in the Revolving Loan Commitment).

  • Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.

  • Subordinated Lenders means the holders of Subordinated Debt.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • 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.

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

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • DIP Lender means a lender under the DIP Facility.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;