Prepetition Loan Facility definition

Prepetition Loan Facility means the Prepetition Loan Agreement and all Prepetition Loan Documents.
Sample 1Sample 2Sample 3
Prepetition Loan Facility means the prepetition loan and credit facility, as evidenced by, among other things, the Prepetition Loan Documents.
Sample 1Sample 2Sample 3
Prepetition Loan Facility means the loan credit facility issued pursuant to the Prepetition Loan Documents.
Sample 1

Examples of Prepetition Loan Facility in a sentence

  • As of the Petition Date, the Prepetition Loan Facility was secured by substantially all of the Debtors’ assets, including intellectual property, accounts receivable, inventory, and equipment.

  • On August 6, 2020, the Debtors and the Prepetition Lender entered into that certain Fifteenth Amendment to Loan and Security Agreement, dated August 6, 2020 (the “Fifteenth Amendment”), which provided for a limited forbearance on the Prepetition Loan Facility.

  • On January 29, 2021, the Debtors and the Prepetition Lender entered into that certain Forbearance Agreement and Eighteenth Amended to Loan and Security Agreement whereby T- Mobile agreed to provide $2.5 million in bridge financing through the existing Prepetition Loan Facility.

  • As of the Petition Date, MobiTV India had no operations, no employees, no material assets, and is not an obligor on the Prepetition Loan Facility.

  • As of the Petition Date, MobiTV Services had no operations, no employees, and no material assets, but was an obligor on the Prepetition Loan Facility.

  • The Debtors, with FTI’s assistance, evaluated various avenues to improve the Debtors’ liquidity and financial position, including a structured marketing effort to secure new debt or equity capital partners to provide for a refinancing of the Prepetition Loan Facility and provide operating liquidity to fully bridge the Debtors’ business plan to positive cash flow in 2022.

  • In exchange for this forbearance, the Debtors were required to engage in good faith efforts to raise additional capital from the sale of equity or through new financing in a sufficient amount to repay the Debtors’ obligations under the Prepetition Loan Facility.

  • On February 12, 2021, the Debtors and the Prepetition Lender entered into that certain Second Forbearance Agreement and Nineteenth Amendment to Loan and Security Agreement (the “Nineteenth Amendment”), whereby T-Mobile agreed to provide an additional approximate $2.3 million in bridge financing through the existing Prepetition Loan Facility.

  • Following completion of the trial all patients were given the option to have continued physiotherapy treatment or to have an orthopaedic consultation should they feel this necessary.

  • Except for the obligations expressly imposed by the Plan and the property and rights expressly retained under the Plan (including without limitation the Liens granted pursuant to the Prepetition Loan Facility as modified by the Plan), the Distributions and rights that are provided in the Plan shall be in complete satisfaction and release of all Claims against, liabilities in, Liens on, obligations of, and Interests in the Debtors, whether known or unknown, that arose or existed prior to the Effective Date.


More Definitions of Prepetition Loan Facility

Prepetition Loan Facility means the credit facility governed by the Prepetition Loan Agreement.
Sample 1
Prepetition Loan Facility has the meaning ascribed to such term in the Plan Term Sheet.
Sample 1

Related to Prepetition Loan Facility

  • 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.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

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

  • 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.

  • 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.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

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

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

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • 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.

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

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • 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).

  • First Lien Last Out Loan Any Collateral Obligation that would be a Senior Secured Loan except that, following a default, such Collateral Obligation becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • DIP means (1) the debtor in possession in a chapter 11 case in which no trustee has been appointed and is serving, and (2) the debtor in possession in a chapter 12 case in which the debtor has not been removed under §1204 without reinstatement.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • 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.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

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