DIP Credit Parties definition

DIP Credit Parties means the DIP Agent and the DIP Lenders.
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DIP Credit Parties means (a) the DIP Repo Parties; and (b) the Cash Flow DIP Lender.
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DIP Credit Parties means, collectively, the ABL DIP Credit Parties and the Term DIP Credit Parties.
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Examples of DIP Credit Parties in a sentence

  • Given their current financial condition, financing arrangements and capital structure, the Debtors are unable to obtain financing from sources other than the DIP Credit Parties on terms more favorable than the DIP Facility.

  • The DIP Facility and the use of Cash Collateral were negotiated in good faith and at arms’ length among the Debtors and the DIP Credit Parties.

  • Nothing herein shall be construed as consent to the allowance of any professional fees or expenses of any Case Professionals or shall affect the right of the DIP Credit Parties or the Prepetition Secured Creditors to object to the allowance and payment of such fees and expenses.

  • The DIP Agent and the other DIP Credit Parties shall be entitled to all of the rights and benefits of Section 552(b) of the Bankruptcy Code.

  • The failure of the DIP Credit Parties to seek relief or otherwise exercise rights and remedies under this Final Order, the DIP Loan Documents or applicable law, as the case may be, shall not constitute a waiver of any of the rights hereunder, thereunder, or otherwise of the DIP Credit Parties.

  • The DIP Credit Parties are relying upon the Budget in entering into the DIP Loan Agreements, and the Pre-Petition Credit Parties are relying upon the Budget in consenting to the terms of this Interim Order.

  • Any order entered by the Court in relation to the establishment of a bar date for any claims (including, without limitation, administrative claims) in any of the Cases or Successor Cases shall not apply to the DIP Credit Parties or the Prepetition Secured Creditors.

  • Subject to entry of the Final Order, the Avoidance Proceeds will beshared among DIP Agents (for the benefit of their respective DIP Credit Parties), with 40.3% to be remitted to ABL DIP Agent and 59.7% to be remitted to Term DIP Agent.

  • Prior to the deposit of ABL Cash Collateral to the Dominion Account, each Debtor shall be deemed to hold such proceeds in trust for the benefit of the ABL DIP Credit Parties.

  • Other than as expressly set forth in this Final Order, any other rights, claims or privileges (whether legal, equitable or otherwise) of the DIP Credit Parties and the Prepetition Secured Creditors are preserved.


More Definitions of DIP Credit Parties

DIP Credit Parties means “DIP Credit Parties” as defined in the DIP Order.
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DIP Credit Parties means (a) the DIP Administrative Agent; and (b) the DIP Lenders. 2 [NTD: Under consideration.]
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DIP Credit Parties has the meaning given to it in the Interim Financing Order (as defined in the DIP Credit Agreement) as it may be modified by the Final Financing Order (as defined in the DIP Credit Agreement).
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Related to DIP Credit Parties

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Credit Parties means the Borrower and the Guarantors.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Non-Credit Party means any Subsidiary of the Borrower that is not a Credit Party.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

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

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Specified Credit Party means any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.11).

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • DIP Lender means a lender under the DIP Facility.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.