Prepetition Obligations definition

Prepetition Obligations means the “Obligations” as defined in the Prepetition Credit Agreement.

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Prepetition Obligations means all "Obligations" as defined in the Prepetition Credit Agreement.

Prepetition Obligations means obligations of certain of the Loan Parties for unpaid principal, accrued and unpaid interest, fees, costs, expenses, indemnities and other amounts arising under the Prepetition Loan Documents and shall include all “Obligations” under the Prepetition Credit Agreement.

Examples of Prepetition Obligations in a sentence

Amounts advanced by the DIP Borrower for the general corporate purposes of any Subsidiary in accordance with the DIP Credit Agreement shall be and are hereby subordinated to the Prepetition Obligations and the DIP Obligations and shall be pledged as collateral security on a first priority basis to secure the DIP Facility.
Upon the closing (as such term is defined in the applicable sale-purchase agreement) of an Asset Sale by any Loan Party of a material asset, the net sale proceeds from such Asset Sale shall be used to repay any amounts due and payable under the Prepetition Obligations and the Postpetition Debt; provided that the sales proceeds from a sale of any assets that form all or part of the Project Facility Prepetition Collateral shall be applied in accordance with the terms of the Consent Agreement.
Any failure by the Debtors on or after the Petition Date to comply with the segregation requirements of section 363(c)(4) of the Bankruptcy Code in respect of any Cash Collateral shall not be used as a basis to challenge the Prepetition Obligations, or the extent, validity, enforceability or perfected status of the Prepetition Liens.
The Prepetition Loan Documents and the Prepetition Obligations are (a) legal, valid, binding, and enforceable against each Debtor and (b) not subject to any contest, attack, objection, recoupment, defense, counterclaim, offset, subordination, re-characterization, avoidance or other claim, cause of action or other challenge of any kind or nature under the Bankruptcy Code, under applicable non-bankruptcy law or otherwise.
The amount of the Prepetition Obligations as of the Petition Date is at least $18,573,570.76.

More Definitions of Prepetition Obligations

Prepetition Obligations means “Obligations” as defined in the Prepetition Credit Agreement.

Prepetition Obligations means the “Obligations” as defined in the Prepetition Facility.

Prepetition Obligations means all indebtedness, obligations and liabilities of the Borrowers and their Subsidiaries to the Prepetition Indebtedness Holders incurred prior to the Petition Date arising from or related to the Prepetition Documents.

Prepetition Obligations has the meaning set forth in the recitals of this Agreement.

Prepetition Obligations the aggregate outstanding principal amount of the loans and other financial accommodations made (including letters of credit outstanding as of the Petition Date) under or pursuant to the Prepetition Credit Agreement, and all accrued but unpaid interest and fees, costs and other charges payable to the Prepetition Agent or the Prepetition Lenders under or pursuant to the Prepetition Credit Agreement.

Prepetition Obligations means Prepetition First Lien Obligations and Prepetition Second Lien Obligations.

Prepetition Obligations means any obligations, liabilities, and indebtedness of the Debtor, or claims against the Debtor, arising frommarket movements, performance, and performance obligations that occurredor otherwise arose before the Petition Date in respect of the Prepetition Hedging and Trading Arrangements.