Canadian DIP Order definition

Canadian DIP Order means the order granted by the Canadian Court on or about December 18, 2009 upon an application made by the Canadian Borrower in respect of, inter alia, this Agreement and the other Credit Documents to which the Canadian Borrower is a party, in form and substance satisfactory to the sole discretion of the Required Lenders, as such order may be amended, restated, supplemented or modified from time to time with the consent of the Required Lenders in their sole discretion and in form and substance satisfactory to the sole discretion of the Required Lenders.
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Canadian DIP Order means the Canadian Supplemental Order or the Canadian Comeback Order, as applicable.
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Canadian DIP Order means the Canadian Interim Order or the Canadian Final Order, as applicable.
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Examples of Canadian DIP Order in a sentence

  • The respective priorities of the DIP Facility and other parties claiming Liens on all or any part of the Collateral shall be as set forth in the Final Order and the Canadian DIP Order.

  • Promotion to Full Professor is one of the highest accomplishments in a University and is reserved for those clearly demonstrating national visibility and scholastic and academic leadership in their respective disciplines.

  • The Interim Order, the Initial Order, the Canadian DIP Order and the Final Order, as the case may be, and all Credit Documents shall be in full force and effect, and shall not (in whole or in part) have been reversed, modified, amended, stayed, vacated, appealed or subject to a stay pending appeal or otherwise challenged or subject to any challenge in any jurisdiction worldwide.


More Definitions of Canadian DIP Order

Canadian DIP Order collectively, the amended and restated Initial Order of the Canadian Bankruptcy Court issued in the CCAA Proceedings, which, among other matters but not by way of limitation, authorizes the Loan Parties to obtain credit, incur (or guarantee) Indebtedness, and grant Liens under this Agreement and the other Loan Documents and provides for the super-priority of the Collateral Agent’s and the Lenders’ claims, subject only to the exceptions as to priority provided therein and which order shall be satisfactory in form and substance to the Agents and Lenders, together with all extensions, modifications and amendments thereto, in form and substance satisfactory to the Agents and Lenders.
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Related to Canadian DIP Order

  • DIP Order means the Interim Order and, upon entry thereof, the Final Order.

  • Interim DIP Order means an interim order of the Bankruptcy Court approving the DIP Motion, which order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Requisite Parties.

  • DIP Orders means, collectively, the Interim DIP Order and the Final DIP Order.

  • Final DIP Order means an order of the Bankruptcy Court approving the Loans, this Agreement and the other Loan Documents on a final basis, which order shall be (a) in form and substance acceptable to the Administrative Agent, and (b) in full force and effect and shall not have been reversed, vacated, stayed or subject to appeal.

  • Canadian Court means the Ontario Superior Court of Justice (Commercial List).

  • Canadian Facility the credit facility available to the Canadian Borrowers and the U.S. Borrowers hereunder.

  • Canadian Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a Canadian Loan Party.

  • Canadian Security Documents means the Canadian Security Agreement, the Québec Hypothec and any other Loan Document that grants or purports to xxxxx x Xxxx on any Canadian Collateral.

  • Canadian Obligations means all Obligations of the Canadian Loan Parties.

  • Interim Order means the interim order of the Court, as the same may be amended, in respect of the Arrangement, as contemplated by Section 2.3;

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Credit Document Obligations shall have the meaning provided in the definition of "Obligations" in this Article IX.

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • DIP means debtor-in-possession.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

  • Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Revolving Credit Documents means the Revolving Credit Agreement and the Revolving Credit Collateral Documents.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.