Examples of Prepetition Secured Lenders in a sentence
With respect to the Potential Avoidance Claims Allocations, the Debtors also considered written submissions from both the Committee and the Prepetition Secured Lenders where such constituent groups outlined their respective view about the Potential Avoidance Claims Allocations.
Moreover, the Court finds that the use of the proceeds from the DIP Loan to principally benefit and support the collateral of the Prepetition Secured Lenders constitutes additional adequate protection of their interests.
Distributions of New Common Stock to the Prepetition Secured Lenders will only be made through broker accounts via electronic issuance of the Shares and Reorganized Holdings will not issue separate stock certificates.
The Court also finds that maintaining and preserving the overall integrated operations of Fiddler’s Creek through the DIP Loan provides additional and substantial adequate protection to the Prepetition Secured Lenders.
The mortgage liens asserted by the Prepetition Secured Lenders do not overlap, as each such Prepetition Secured Lender financed a separate parcel of land and improvements, if any, thereon contained within the overall Fiddler’s Creek development.