DIP Debtors definition
Examples of DIP Debtors in a sentence
Section 12.24 of the Credit Agreement requires the DIP Debtors to obtain entry for an order of the Bankruptcy Court confirming an Acceptable Plan by the date that was 180 days prior to the then Scheduled Maturity Date and the DIP Debtors failed to obtain such an order by such date, causing an Event of Default to exist (the “Specified Event of Default”).