Common use of Petition Date Clause in Contracts

Petition Date. The Petition Date shall have occurred, and the Borrower and each Guarantor shall be a debtor and debtor-in-possession in the Cases.

Appears in 3 contracts

Sources: Superpriority Secured Debtor in Possession Credit and Guaranty Agreement (GWG Holdings, Inc.), Superpriority Secured Debtor in Possession Credit and Guaranty Agreement (GWG Holdings, Inc.), Superpriority Secured Debtor in Possession Credit and Guaranty Agreement (Fusion Connect, Inc.)

Petition Date. The Petition Date shall have occurred, and the Borrower and each Subsidiary Guarantor as of the Closing Date shall be a debtor and a debtor-in-possession in the Cases.

Appears in 2 contracts

Sources: Superpriority Senior Secured Debtor in Possession Credit Agreement (Cutera Inc), Superpriority Senior Secured Debtor in Possession Credit Agreement (Revlon Consumer Products Corp)

Petition Date. The Petition Date shall have occurred, and the Borrower and each Guarantor as of the Closing Date shall be a debtor and a debtor-in-possession in the Cases.

Appears in 1 contract

Sources: Credit Agreement (SmileDirectClub, Inc.)

Petition Date. The Petition Date shall have occurred, occurred and the Borrower and each Guarantor shall be a debtor and debtor-in-possession in the Chapter 11 Cases.

Appears in 1 contract

Sources: Senior Secured Superpriority Debtor in Possession Credit and Guaranty Agreement (Foresight Energy LP)