Examples of Prepetition Second Lien Indenture in a sentence
All Obligations (as defined in the Prepetition Second Lien Indenture or the other Prepetition Second Lien Notes Documents) of the Debtors shall collectively be referred to herein as the “Prepetition Second Lien Obligations”, and together with Prepetition First Lien Loan Obligations, as the “Prepetition Loan Obligations”.
Following the Petition Date, BOKF, N.A. succeeded the Initial Prepetition Second Lien Agent as trustee and collateral agent under the Prepetition Second Lien Indenture (in such capacity, the “Prepetition Second Lien Agent,” and together with the Prepetition Second Lien Holders, the “Prepetition Second Lien Secured Parties”).
The Debtors currently have approximately $300 million of outstanding debt, primarily consisting of principal obligations under the Prepetition First Lien Loan Agreement, Prepetition Second Lien Indenture, and Prepetition Third Lien Indenture.
Delivery of Distributions to Combined Prepetition Second Lien NoteholdersAny and all distributions to the Holders of the Second Lien Notes Claims as of the Distribution Record Date shall be governed by the Prepetition Second Lien Indenture or the Prepetition Second Lien PIK Indenture, as applicable.
As of the Petition Date, the obligations outstanding under the Prepetition First Lien Credit Agreement totaled approximately $365 million and the obligations outstanding under the Prepetition Second Lien Indenture totaled approximately $1.5 billion.