Prepetition Term Lenders definition

Prepetition Term Lenders means the lenders under the Prepetition Term Loan Agreement.

Prepetition Term Lenders shall have the meaning provided in the Preliminary Statements to this Agreement.

Prepetition Term Lenders means the lenders party to the Prepetition Term Loan Agreement from time to time.

Examples of Prepetition Term Lenders in a sentence

• The Term Lender Steering Group and other Term Lenders who consent or do not object to entry of this Order are permitting the use of their Cash Collateral, in good faith, and all Prepetition Term Lenders are entitled to the benefits of the provisions of section 364(e) of the Bankruptcy Code.

• The CA Debtors hereby stipulate and agree that none of the DIP Term Agent, the DIP ABL Lender, the Prepetition Term Agent, the Prepetition Term Lenders, or the Prepetition ABL Lender control the Debtors or their properties or operations, have authority to determine the manner in which any Debtor’s operations are conducted or are control persons or insiders of the Debtors by virtue of any of the actions taken with respect to, in connection with, related to or arising from the Prepetition Loan Documents.

• The conversion (or “roll-up”) shall be authorized as compensation for, in consideration for, and solely on account of, the agreement of the Prepetition Term Lenders and Prepetition ABL Lenders to provide postpetition liquidity and permit access to Cash Collateral, and not as payments under, adequate protection for, or otherwise on account of, any Prepetition Obligations.

• Upon entry of this Interim Order and to the fullest extent provided by applicable law, the DIP Term Agent (on behalf of the DIP Term Lenders), the DIP ABL Lender, the Prepetition Term Agent (on behalf of the Prepetition Term Lenders), and the Prepetition ABL Lender, shall be, and shall be deemed to be, without any further action or notice, named as additional insured and loss payee on each insurance policy maintained by the CA Debtors that in any way relates to the DIP Collateral.

• Prepetition Term Lenders (including, for the avoidance of doubt, the Backstop Commitment Parties) will have the right to commit to their ratable share of 50% of the DIP Term Facility up to the date that is expected to be 10 business days after distribution of the Syndication Materials, which is estimated to occur within 5 business days after the Petition Date, by executing the Restructuring Support Agreement and taking such other actions as specified in the Syndication Materials.

More Definitions of Prepetition Term Lenders

Prepetition Term Lenders means the lenders party to the Prepetition Term Loan Agreement.

Prepetition Term Lenders means those Holders of Prepetition Term Loan Claims.

Prepetition Term Lenders means those banks, financial institutions, and other lenders under the Prepetition Term Loan Agreement.

Prepetition Term Lenders has the meaning specified therefor in the recitals to the Agreement.

Prepetition Term Lenders has the meaning assigned to such term in the DIP Order.

Prepetition Term Lenders means the “Term Lenders” under and as defined in the Prepetition Credit Agreement.

Prepetition Term Lenders as defined in the recitals hereto.