Examples of DIP Borrower in a sentence
If the amount of the Order Currency so purchased is less than the amount originally due to the LP DIP Lenders from the LP DIP Borrower on the Order Currency, the LP DIP Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the LP DIP Lenders against such deficiency.
Any agreement or instrument pursuant to which an LP DIP Lender sells such a participation shall provide that the relevant participant shall not be permitted to sell sub-participations to any natural person, the LP DIP Borrower or any of its Affiliates or any Disqualified Company or an Affiliate thereof that is not a financial institution, private equity firm, bona fide debt fund, or hedge fund.
A set of counterparts executed by all the partieshereto shall be lodged with the LP DIP Borrower and the LP DIP Lenders.
The obligations of the LP DIP Guarantors under this Guaranty shall be automatically reinstated if and to the extent that for any reason any payment by, or on behalf of, the LP DIP Borrower or other LP DIP Obligors in respect of the Sixth Replacement LP DIP Obligations is rescinded or must be otherwise restored by any holder of any of the Sixth Replacement LP DIP Obligations, whether as a result of any proceedings in bankruptcy or reorganization or otherwise.
In addition, all obligations to make, and all payments made, by the Debtors, the DIP Borrower and/or the DIP Guarantors, to the DIP Agent and/or the DIP Lenders, in each case, whether prior to or after the commencement of the Chapter 11 Cases and prior to entry of this Order, are hereby reaffirmed and ratified in all respects.