Prepetition Revolver definition

Prepetition Revolver means that certain ABL Credit Agreement, dated as of July 30, 2013, as amended, restated, amended and restated, waived, supplemented, or as otherwise modified heretofore and, together with its related agreements, to have been paid in full through the DIP Facility.
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Prepetition Revolver means that certain Loan and Security Agreement, dated as of April 23, 2004 (as amended, supplement or modified and in effect as of the Filing Date), among Borrower, the Prepetition Agent and the lenders from time to time party thereto.
Sample 1
Prepetition Revolver means the revolving credit facility provided under the Prepetition Credit Agreement.
Sample 1

Examples of Prepetition Revolver in a sentence

  • The Adequate Protection Claims of the holders of Claims under the Prepetition Term Loan Agreement and the Prepetition Revolver Credit Agreement have been satisfied in full and no Distributions shall be made with respect to any such Adequate Protection Claims under the Plan.

  • The Prepetition Secured Parties have a senior lien on the Cash Collateral, and have the right under the Prepetition Loan Documents to apply the Cash Collateral to repay the Obligations (subject, however, to the claims, actions and rights the Debtors may have against the Prepetition Revolver Lenders and the Prepetition Agent that are preserved under Paragraph 20).

  • As described further below, the Debtors used proceeds of their debtor-in-possession senior secured financing facility to pay in full all outstanding obligations owed under the Prepetition Revolver.

  • The Prepetition Revolver Agent, Prepetition First Lien Agent and Prepetition Second Lien Agent (collectively, the “Prepetition Agents”) and each of the Debtors are, inter alia, parties to that certain Intercreditor Agreement, dated as of July 30, 2013 (as amended, restated, amended and restated, waived, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”).

  • As of the Petition Date, the Debtors had outstanding funded debt obligations in the aggregate principal amount of approximately $483 million, and related interest and accruals, consisting primarily of approximately (a) $12 million in principal amount outstanding under their Prepetition Revolver; (b) $386 million in principal amount outstanding under their Prepetition First Lien Loan Agreement; and (c) $85 million in principal amount outstanding under their Prepetition Second Lien Loan Agreement.

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  • The Prepetition First Lien Loan Agreement is secured by a first priority lien on intellectual property, furniture, fixtures and equipment and certain other assets (collectively, the “Term Loan Priority Collateral”) and a second priority lien on the Prepetition Revolver Priority Collateral, subject to the terms of the Intercreditor Agreement.

  • The Prepetition Second Lien Loan Agreement is secured by a second priority lien on the Term Loan Priority Collateral and a third priority lien on the Prepetition Revolver Priority Collateral, subject to the terms of the Intercreditor Agreement.

  • For the avoidance of doubt, any and all Liens under the Prepetition Revolver Credit Agreement, the Prepetition Term Loan Agreement, the Oaktree DIP Financing Agreement, and the KPS DIP Financing Agreement are deemed extinguished and any and all Claims arising under such agreements are deemed satisfied in full and shall not constitute Other Secured Claims under the Plan and shall not receive any distribution under the Plan.

  • The Prepetition Revolver is secured by a first lien on, essentially, accounts receivable, inventory and cash (collectively, the “Prepetition Revolver Priority Collateral”) and a third priority lien on the Term Loan Priority Collateral (as defined below), subject to the terms of the Intercreditor Agreement (as defined below).


More Definitions of Prepetition Revolver

Prepetition Revolver means the up to $12,500,000 revolving standby letter of credit facility in the Prepetition Credit and Guaranty Agreement.
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Related to Prepetition Revolver

  • 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 means arising or accruing prior to the Petition Date.

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

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

  • 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 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.

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

  • 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.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

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

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

  • 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 Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Existing Revolver Tranche has the meaning set forth in Section 2.16(b).

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

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

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

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

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

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

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

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