Prepetition Liens definition

Prepetition Liens means the first priority liens and security interests granted to the Prepetition Agent for the benefit of the Prepetition Lenders by certain of the Prepetition Loan Documents to secure the Prepetition Obligations to the Prepetition Lenders.

Prepetition Liens means the Liens and continuing pledges and security interests in the Prepetition Collateral granted by the Borrower to and/or for the benefit of the Prepetition Agent and Prepetition Lenders to secure the Prepetition Indebtedness.

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

Examples of Prepetition Liens in a sentence

• Ray Autenrieb moved to appropriate $599,158.25 in the Fire Fund 2111.

• No lien or interest avoided and preserved for the benefit of the estate pursuant to section 551 of the Bankruptcy Code shall be pari passu with or senior to the Prepetition Liens or the Adequate Protection Liens.

• Nothing in this Order shall constitute a finding as to the extent, validity, priority, perfection or amount of the Prepetition Indebtedness or Prepetition Liens.

• Its extensive capabilities are designed to serve both public and private organisations, including businesses of all sizes, from SMEs to the largest multi-nationals.

• Based on the continuation of the Prepetition Liens, the relation back of the DIP Liens, and the integrated use of the DIP Facility to refinance the Prepetition Secured Obligations, in no event shall any alleged right of reclamation or return (whether asserted under section 546(c) of the Bankruptcy Code or otherwise) be deemed to have priority over the DIP Liens.

More Definitions of Prepetition Liens

Prepetition Liens means the Liens securing the Prepetition Indebtedness.

Prepetition Liens means, collectively, the BGI Term Loan Liens, the Senior Secured Notes Liens, the Macquarie Credit Facility Liens, the PK Credit Facility Liens, and the BULL Lombard Credit Facility Liens.

Prepetition Liens means the security interests and liens granted by the Debtors to the Prepetition Agent to secure the Prepetition Secured Debt.

Prepetition Liens means the Liens securing the Prepetition Secured Obligations.

Prepetition Liens means the Liens securing the payment of the Prepetition Credit AgreementClaims.

Prepetition Liens has the meaning specified in the DIP Orders.

Prepetition Liens means, collectively, the Liens held by the Prepetition Secured Credit Parties.