Prepetition Revolving Loans definition

Prepetition Revolving Loans means the aggregate outstanding principal amount of Revolving Loans (as defined in the Prepetition Credit Agreement) made to SSCE prior to the Petition Date pursuant to Section 2.01(b)(i) of the Prepetition Credit Agreement.
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Prepetition Revolving Loans means the “Advances” under and as defined in the Prepetition Revolving Credit Agreement.
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Prepetition Revolving Loans means Prepetition Lender Obligations in respect of principal of “Revolving Loans” under, and as defined in, the Prepetition Credit Agreement and interest, expenses, fees and other sums payable in respect thereof under the Prepetition Loan Documents.
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Examples of Prepetition Revolving Loans in a sentence

  • As of the Petition Date, the amount outstanding on the Prepetition Revolving Loans was $11,020,131.23.

  • The Prepetition Revolving Loans, which wereadvanced and repaid on a revolving basis and were not documented, were made to allow to enable the Debtors to pay ordinary course costs and expenses.

  • The outstanding balance of the Prepetition Revolving Loans was $11,036,931.23 as of the Petition Date.

  • The Prepetition Revolving Loans were intended to be business loans.

  • Interest on the Prepetition Revolving Loans was not paid, but accrued at 4% per annum, during the Prepetition Period.

  • Each such designation shall be applied on a pro rata basis to each class of Prepetition Revolving Loans held by such Roll-Up Lender under the Prepetition Credit Agreement to the extent rolled up under this Agreement.

  • It is the view of the Debtorsand their professionals that the Prepetition Revolving Loans and Prepetition FILO Loan are oversecured by $80 million or more.

  • On the Final Facility Effective Date, a portion of the aggregate principal amount of Prepetition Revolving Loans held bysuch a Roll-Up Lender equal to such Roll-Up Lender’s Roll-Up Advance Amount asthe amount set forth opposite such Roll-Up Lender’s name on Schedule I under the heading “Initial Roll-Up Amount” shall be deemed to constitute Advances hereunder (the “Initial Roll-Up Advances”).

  • Such designation shall constitute for each Roll-Up Lender an exchange of the applicablean amount of Prepetition Revolving Loans for the applicableequal to such Roll-Up Lender’s Initial Roll-Up Amount for Roll-Up Advances on a dollar-for-dollar basis, and simultaneously with such designation and exchange, the aggregate principal amountan aggregate principal amount of such Roll-Up Lender’s outstanding Prepetition[Different first page setting changed from off in original to on in modified.].

  • Each Notice of Borrowing shall be in writing (by facsimile or otherwise) specifying the information required therein; provided, each Borrowing initially shall be of the Type (i) in the case of Roll-Up Advances, identical to those of the Prepetition Revolving Loans rolled up by such Roll-Up Advances and (ii) in the case of New Money Advances, as specified in the applicable Notice of Borrowing.


More Definitions of Prepetition Revolving Loans

Prepetition Revolving Loans means "Revolving Loans" under and as defined in the Prepetition Credit Facilities.
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Prepetition Revolving Loans has the meaning specified in the recitals hereto.
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Prepetition Revolving Loans means a loan made by a “Lender” to the “Borrower”, each as defined in the Prepetition First Lien Credit Agreement, pursuant to section 2.1(a) of the Prepetition First Lien Credit Agreement.
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Prepetition Revolving Loans means the revolving loans in the aggregate principal amount of up to $26 million under the Prepetition Credit Agreement, plus interest accruing at the default rate and other fees, costs, and expenses, including the Prepetition Secured Parties’ reasonable attorneys’ fees.
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Prepetition Revolving Loans means the “Loans” as defined in the Prepetition Credit Agreement. “Prepetition Secured Parties” has the meaning assigned to such term in the DIP Orders.
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Prepetition Revolving Loans means “Revolving Loans” as defined in the Prepetition First Lien Credit Agreement.
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Related to Prepetition Revolving Loans

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • New Revolving Loans as defined in Section 2.25.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • 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).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • 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

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

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

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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