DIP Collateral definition

DIP Collateral means all property of the Estate that is collateral under the Liens securing the DIP Claims under and in accordance with the DIP Credit Agreement and the DIP Financing and Cash Collateral Order.
DIP Collateral has the meaning assigned to such term in the definition of “Collateral”.
DIP Collateral shall have the meaning provided in Section 3.1.

Examples of DIP Collateral in a sentence

  • Executed counterparts of a lien release letter terminating the DIP Collateral Documents.

  • Executed counterparts of each DIP Collateral Document set forth on Schedule 1.01A to the Closing Date Certificate required to be executed on the #96808608v5 Closing Date, duly executed by each Loan Party thereto and each of the other parties listed on the signature pages thereto.


More Definitions of DIP Collateral

DIP Collateral means the Replacement DIP Collateral.
DIP Collateral means all assets, property and interests in assets and property and proceeds thereof now owned or hereafter acquired by any Loan Party in or upon which a DIP Lien is granted or purported to be granted by such Person in favor of the Agent, for the benefit of itself and the other Secured Parties, under any of the Loan Documents, including, without limitation, pursuant to the Orders, Section 2.08 and Section 2.09.
DIP Collateral has the meaning assigned to such term in the DIP Order.
DIP Collateral means (i) all of the “Collateral”, “Pledged Collateral”, “Pledged Assets” (Bienes Pignorados), “Pledged Shares” (Acciones Pignoradas), “Trust Assets” (Bienes Fideicomitidos), “Trust Estate” (Patrimonio del Fideicomiso), “Pledged Aircraft” (Aviones Pignorados), “Mortgaged Property” and “Mortgaged Collateral” (or words of similar import) referred to in the Collateral Documents and (ii) all of the other property and assets that are or are intended under the terms of the Collateral Documents to be subject to Liens in favor of the Collateral Agent for the benefit of the DIP Secured Parties; provided, that, the DIP Collateral shall not include Excluded Assets. For the avoidance of doubt, the DIP Collateral shall include the proceeds of any Avoidance Actions.
DIP Collateral means all of the property of Borrower, real and personal, tangible and intangible, subject to the liens, security interests and mortgages granted by Borrower to secure the DIP Obligations.
DIP Collateral means all property and assets, whether now owned by or owing to, or hereafter acquired by or arising in favor of, each Debtor (including under any trade names, styles or derivations thereof), and whether owned or consigned by or to, or leased from, such Debtor, and regardless of where located, including, without limitation: (a) cash and cash equivalents; (b) all funds and other items of value in any account of such Debtor including, without limitation, all securities accounts and deposit accounts; (c) all accounts and other receivables; (d) contract rights;
DIP Collateral means any and all “Property” as defined in the Mortgage and/or the Financing Orders, together with any other collateral granted by the Debtor to the DIP Lender pursuant to any other DIP Collateral Document, as applicable.