Prepetition Term Lender definition

Prepetition Term Lender means FR XIII Charlie AIV, L.P., in its capacity as lender pursuant to that certain Senior Secured Promissory Note, dated as of February 14, 2020, as amended, restated, supplemented or otherwise modified from time to time.
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Prepetition Term Lender means the Term Lenders (as defined in the Prepetition ABL Credit Agreement) party to the Prepetition Term Loan Credit Agreement.
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Prepetition Term Lender means any lender under the Prepetition Term Credit Agreement. “Prepetition Term Loan” means any loan made pursuant to the Prepetition Term Credit Agreement. “Prepetition Term Obligations” means “Obligations” (as defined in the Prepetition Term Credit
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Examples of Prepetition Term Lender in a sentence

  • Each Prepetition Term Lender that elects to participate in the DIP Facility shall be obligated to participate in its ratable portion of the Exit Term Loans and the commitments under the Exit Facility will be “stapled to” the DIP Facility and traded in equal percentage.

  • Each Backstop Term Lender may assign its respective commitments and agreements hereunder, in whole or in part to any other Backstop Term Lender or Prepetition Term Lender (with notice to the Debtors); provided that, in the case of an assignment of such commitments and agreements to a party who is not a Backstop Term Lender, such assignment may only be undertaken after such assignee becomes a party to the Restructuring Support Agreement.

  • Notwithstanding the foregoing, the Prepetition Term Lender Adequate Protection Liens shall not extend to assets held by the Debtors in trust; provided, however, that the Prepetition Term Lender Adequate Protection Liens shall extend to (a) any rights, claims or causes of action that the Debtors may have with respect to such assets, and (b) any proceeds of such assets that become property of the Debtors.

  • Participation in the DIP Facility will be offered to each Prepetition Term Lender in the amount of a pro-rata share in proportion to the amount of each Prepetition Term Lender’s outstanding commitments under the Prepetition Term Loan Agreement; provided that the “Backstop Lenders” identified as such on Annex I hereof (the “Backstop Lenders”) shall backstop the full aggregate amount of the DIP Facility by providing the commitments under the DIP Facility not assumed by the other Prepetition Term Lenders.

  • Such Lien shall not extend to Avoidance Actions except proceeds thereof as set forth in Section 7.1(a)(2)(A)(2) and (3), and shall be subject to the Carve Out, but otherwise shall be senior in priority to the adequate protection Liens securing the obligations in favor of the Prepetition Term Lender under the Prepetition Term Loan Agreement and all other Liens other than Permitted Liens, entitled to priority under applicable nonbankruptcy law.

  • Nothing in the Interim Order, this Final Order or the DIP Loan Documents shall in any way be construed or interpreted to impose or allow the imposition upon the DIP Secured Parties, any of the Prepetition RBL Lenders or Prepetition Term Lender of any liability for any claims arising from the prepetition or postpetition activities of any of the Debtors.

  • Aurelius Capital Management, LP ("Aurelius"), a Prepetition Term Lender, consents to the use of cash collateral in accordance with the Budget but does not consent to the provisions of paragraph 6(c) hereof other than the current cash payment of interest at the non-default rates and at the times provided for in the Prepetition Credit Agreement on the Prepetition Term Obligations (whether or not such interest payments are included in the Budget).


More Definitions of Prepetition Term Lender

Prepetition Term Lender means a lender under the Prepetition Term Loan Agreement.
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Related to Prepetition Term Lender

  • New Term Lender a Lender that has a New Term Loan.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Term Loan Claims means the Claims arising in respect of the term facility under the Credit Agreement.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).