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 "Revolving Loans" under and as defined in the Prepetition Credit Facilities.
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Examples of Prepetition Revolving Loans in a sentence

  • Following entry of the Final Order, the entire remaining outstanding balance of the Prepetition Revolving Loans shall be rolled up and converted into DIP Obligations.

  • The opportunity to show results would align well with the current government’s attempt to show progress on its good governance mandate.Despite passing a progressive Right to Information (RTI) Act, the government has not allocated sufficient resources to adequately implement it.

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

  • Interest on advances made under the Prepetition Revolving Credit Line (the "Prepetition Revolving Loans") and the Supplemental Loans was calculated at the Prime Rate (as defined in the Prepetition Financing Facility) plus 3/4% payable monthly.

  • The Prepetition Revolving Loans were intended by the Debtors and the Prepetition Lenders as business loans and were in fact business loans, and were not equity contributions.

  • Payments on the Prepetition Revolving Loans were intended to be and were payments on the debt owed under the Prepetition Revolving Loans and reduced the balance on the Prepetition Revolving Loans.

  • From and after entry of this Interim Order, the amounts due under the Prepetition Revolving Loans shall be rolled up into DIP Obligations on a creeping basis.

  • Each Borrowing initially shall be of the Type (i) in the case of Roll-Up Loans, identical to those of the Prepetition Revolving Loans rolled up by such Roll-Up Loans and (ii) in the case of New Money Loans, as specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.

  • As security for Magcorp's obligations under the Prepetition Financing Facility including the Prepetition Revolving Loans and the Supplemental Loans (the "Prepetition Obligations"), Congress was granted certain security interests in certain assets and properties (then owned or hereafter acquired) of Magcorp including, among other things, Magcorp's receivables, inventory, monies, and securities and proceeds thereof (the "Prepetition Lender's Collateral").

  • Lenders: Initially, the Lenders in the First-Out Facility will be each Prepetition Lender holding Prepetition Revolving Loans and electing to participate in the First-Out Facility and the Lenders in the Term Loan B Facility (as described and defined below) will be all Prepetition Lenders, in each case consistent with the Agreement (collectively, and together with any party that becomes a lender by assignment, the “Lenders”).


More Definitions of Prepetition Revolving Loans

Prepetition Revolving Loans means “Revolving Loans” as defined in the Prepetition First Lien Credit Agreement.
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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 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 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 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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Prepetition Revolving Loans has the meaning specified in the recitals hereto.
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Related to Prepetition Revolving Loans

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Existing Revolving Loans has the meaning specified in Section 2.16(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 means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • 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 a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • 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 as defined in Section 2.4(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 has the meaning specified for the term “Loan Documents” in the Revolving Credit Agreement.