Prepetition Lenders Secured Claims definition

Prepetition Lenders Secured Claims means the outstanding balance under the Prepetition Loan Documents as of the Petition Date, plus any claims of the Prepetition Secured Parties under the Prepetition Loan Documents on account of postpetition draws on Letters of Credit. The Prepetition Lenders Secured Claims shall be Allowed in the full amount of the Prepetition Lenders Secured Claims.
Prepetition Lenders Secured Claims means that portion of the Prepetition Lenders Claims that are Secured Claims.
Prepetition Lenders Secured Claims means that portion of the Claim

Examples of Prepetition Lenders Secured Claims in a sentence

  • Duke was given approval on August 17, 2015, to begin construction under a Notice of Intent to Construct request.

  • ClassEstimated Allowed ClaimsTreatmentEstimated Recovery to Holders of Allowed ClaimsClass 1 – Prepetition Lenders Secured Claims 6 These amounts represent estimated Allowed Claims, and do not represent amounts actually asserted by creditors in proofs of claim or otherwise.

  • The Prepetition Lenders Secured Claims shall be Allowed in the full amount of the Prepetition Lenders Secured Claims.

  • The Administrative Agent shall administer the Zenith Escrow Account for the benefit of Holders of Allowed Prepetition Lenders Secured Claims.

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

  • The , to be applied and maintained or distributed, as applicable, by the Administrative Agent shall distribute to the Prepetition Lenders Effective Date Cash Secured Parties in accordance with the Cash Collateral Order, the Prepetition Loan Documents, the Combined Plan and Disclosure Statement and the Confirmation Order the Prepetition Loan Documents; and (after payment of any fees and expenses due to the Administrative Agentiii) to the Holders of Allowed Prepetition Lenders Secured Claims.

  • The Administrative Agent shall distribute such proceeds to the Holders of Allowed Prepetition Lenders Secured Claims in the manner set forth in the Prepetition Loan Documents.an Allowed Class 4 General Unsecured Claim for the Prepetition Lender Deficiency Claim.

  • Paragraph 7(s) of the Voting Procedures Order provides that the Administrative Agent may vote the Class 1 Prepetition Lenders Secured Claims and Class 4 Prepetition Lenders Deficiency Claims upon indication by the Administrative Agent to the Debtors that the Administrative Agent is authorized to vote such Claims.

  • Paragraph 6 of the Voting Procedures Order provides that, solely for purposes of voting on the Second Modified Plan, the Class 1 Prepetition Lenders Secured Claims and Class 4 Prepetition Lenders Deficiency Claims shall be allowed.

  • The terms of this agreement are set forth in the Stipulation to Temporary Allowance of Prepetition Lenders Secured Claims and Prepetition Lenders Deficiency Claims for Voting Purposes Only Pursuant to Fed.

Related to Prepetition Lenders Secured Claims

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

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

  • 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.

  • 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;

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

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

  • 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.

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

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

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

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

  • Administrative Claims means Claims that have been filed timely and properly before theAdministrative Claims Bar Date 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). Any fees or charges assessed against the Estates under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Claims and shall be paid in accordance with Article V.N of the Plan. Notwithstanding anything to the contrary in this Plan, 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.

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

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

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

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

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • 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.

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

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) (i) claims of creditors in respect of the Subordinated Notes and (ii) the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital or CET1 Capital, including, for the avoidance of doubt, all claims in respect of Deferred Shares.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

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

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Notes Secured Parties means the Trustee, the Collateral Agent and the Holders of the Notes.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.