Common use of DIP Financing Agreements Clause in Contracts

DIP Financing Agreements. Concurrently with the execution of this Agreement, Sellers entered (and caused their Subsidiaries to enter) into the DIP Financing Agreements, which includes a grant by Sellers to the lenders thereunder of a lien on Sellers’ rights under the Deposit Escrow Agreement, subject to the terms and conditions described therein.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Walter Investment Management Corp), Asset Purchase Agreement (Ocwen Financial Corp)

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DIP Financing Agreements. Concurrently with the execution of this Agreement, Sellers entered (and caused their Subsidiaries to enter) into the DIP Financing Agreements, which includes a grant by Sellers to the lenders thereunder of a lien on Sellers' rights under the Deposit Escrow Agreement, subject to the terms and conditions described therein.

Appears in 1 contract

Samples: Asset Purchase Agreement

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