Examples of Prepetition Second Lien Loan Documents in a sentence
Notwithstanding any provisions of the Plan to the contrary the Prepetition Second Lien Claims will be deemed Allowed General Unsecured Claims in an aggregate principal amount of $85,000,000, plus accrued and unpaid interest, fees, expenses and other obligations arising under the Prepetition Second Lien Loan Agreement and the other Prepetition Second Lien Loan Documents.
The commitments and obligations (if any) of the Prepetition First Lien Lenders and Prepetition Second Lien Lenders to extend any further or future credit or financial accommodations to any of the Debtors, any of their respective subsidiaries or any of their respective successors or assigns under the Prepetition First Lien Loan Documents and Prepetition Second Lien Loan Documents, respectively, shall fully terminate and be of no further force or effect on the Effective Date.
Except as expressly provided pursuant to the Plan, each of the Prepetition First Lien Agent and the Prepetition Second Lien Agent, and their respective agents, successors, and assigns shall be fully relieved and discharged from all of their duties and obligations associated with the Prepetition First Lien Loan Documents and the Prepetition Second Lien Loan Documents, respectively.
Notwithstanding any provisions in the Plan to the contrary, the Prepetition First Lien Loan Documents and Prepetition Second Lien Loan Documents shall continue in effect to the extent necessary to allow the Debtors or Reorganized Debtors, as applicable, either directly or through the Distribution Agent to make Plan Distributions pursuant to the Plan on account of the Prepetition First Lien Claims and Prepetition Second Lien Claims.
Except as expressly provided pursuant to this Plan, each of the Prepetition First Lien Agent and the Prepetition Second Lien Agent, and their respective agents, successors, and assigns shall be fully relieved and discharged from all of their duties and obligations associated with the Prepetition First Lien Loan Documents and the Prepetition Second Lien Loan Documents, respectively.
In the event of any conflict between the terms of the Post-Petition Intercreditor Arrangement and the Prepetition Intercreditor Agreement, the Loan Documents, the Prepetition First Lien Loan Documents, the Prepetition Second Lien Loan Documents, Prepetition Second Lien Notes Documents, the terms of the Post-Petition Intercreditor Arrangement shall govern and control.
Moreover, in looking for (causal and explanatory) spiders, we ought not to forget that spiders aren‘t just biological.
Subject to the terms of this Final Order, the Second Lien Adequate Protection Liens shall be subordinate only to the (A) Carve Out, (B) the DIP Liens, (C) the First Lien Adequate Protection Liens, and (D) other valid, perfected and unavoidable liens, if any, existing as of the Petition Date that are senior in priority to the PrepetitionLiens of the Prepetition Second Lien Secured Parties as permitted by the terms of the Prepetition Second Lien Loan Documents.
For the avoidance of doubt, all rights and obligations hereunder shall be subject to the rights and obligations of the Second Lien Agent, Second Lien Lenders and Third Lien Lender as set forth in the Prepetition Second Lien Loan Documents, the Prepetition Third Lien Loan Documents, and Third Lien Intercreditor Agreement.