DIP TERM SHEET IVANHOE ENERGY INC.Dip Facility Agreement • March 12th, 2015 • Ivanhoe Energy Inc • Crude petroleum & natural gas • Alberta
BORROWER: Ivanhoe Energy Inc. (the “Borrower”), effective upon the granting of the DIP Order (as hereinafter defined) under the Bankruptcy and Insolvency Act (Canada) (“BIA” and the “BIA Proceedings”), but subject to the conditions of this DIP Term Sheet. LENDER: Robert Martin Friedland (the “Lender”) TYPE OF DIP FACILITY: A promissory note in the principal amount of US$1,000,000 (the “Principal Amount”), such promissory note together with the terms and conditions set out herein (the “DIP Facility”). There is no standby facility or commitment. AVAILABILITY: The Lender shall advance directly to the Borrower the Principal Amount, against payment by the Borrower of all fees and charges owing under the DIP Facility. INTEREST RATE: 13% calculated daily, not in advance. Interest shall be calculated daily for the actual number of days elapsed in the period during which it accrues based on a year of 365 or 366 days, as the case may be. PURPOSE/USE OF PROCEEDS: Proceeds of the DIP Facility shal
DIP FACILITY TERM SHEETDip Facility Agreement • June 18th, 2023
WHEREAS Fire & Flower Holdings Corp. has requested that the DIP Lender (as defined below) has agreed to provide funding to Fire & Flower Holdings Corp. in order to assist with restructuring proceedings under the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”) (the “CCAA Proceedings”);
SUPERPRIORITY SENIOR DEBTOR-IN-POSSESSION CREDIT AGREEMENTDip Facility Agreement • October 1st, 2017
