Examples of Prepetition Term Loan in a sentence
Class 3 is Impaired and Holders of Class 3 Prepetition Term Loan Claims are entitled to vote to accept or reject the Plan.
On the Effective Date, subject to entry of the Final DIP Order approving the DIP Term Loan Roll-up Claims, the Prepetition Term Loan Claims shall be deemed Allowed in the aggregate principal amount of $90,068,705.10, plus all interest (including any payment-in-kind interest), fees, and other expenses payable under the Prepetition Term Loan Agreement related to the Prepetition Term Loan Facility.
The Prepetition Term Loan Agent shall be deemed to be the Holder of all Allowed Class 3 Claims for purposes of distributions to be made hereunder, and all distributions on account of such Allowed Claims shall be made to the Prepetition Term Loan Agent.
On the Effective Date, at the option of the Debtors, the Requisite Consenting Prepetition Term Loan Lenders, and PRG, Intercompany Interests shall be reinstated for administrative convenience or cancelled and released without any distribution on account of such interests.
Class 3 is Impaired and Holders of Allowed Prepetition Term Loan Secured Claims are entitled to vote to accept or reject the Plan.
On the Effective Date, at the option of the Debtors, the Requisite Consenting Prepetition Term Loan Lenders, and PRG, each Intercompany Claim shall be reinstated or canceled and released without any distribution on account of such claims.
Any and all distributions to Holders of First Lien Claims as of the Distribution Record Date shall be governed by the Prepetition Term Loan Agreement.
On the Effective Date, Reorganized HoldCo and the Holders Allowed Prepetition Term Loan Claims and Allowed DIP Term Loan Facility Claims may enter into the Stockholders Agreement with respect to the New Equity in substantially the form included in the Plan Supplement.
Notwithstanding anything in the Plan to the contrary, and without limiting the exculpation and release provisions of the Plan, the Prepetition Term Loan Agent shall not have any liability to any Entity with respect to distributions made or directed to be made by the Prepetition Term Loan Agent.
As soon as practicable following compliance with the requirements set forth in Article VI of this Plan, the Prepetition Term Loan Agent shall arrange to deliver or direct the delivery of such distributions to or on behalf of the Holders of Allowed Class 3 Claims in accordance with the terms of the Prepetition Term Loan Agreement and the Plan.