Examples of DIP Facilities in a sentence
The DIP Facilities Claims shall be Allowed Claims in the full amount outstanding under the DIP Agreements, including principal, interest, fees, and expenses.
Further, the Company entered into a senior secured debtor-in-possession term loan agreement (the"DIP Term Loan Facility") (collectively with the DIP ABL Facility, the "DIP Facilities").
All requests for payment of an Administrative Claim (other than DIP Facilities Claims, Cure Costs, or Professional Fee Claims) that accrued on or before the Effective Date that were not otherwise accrued in the ordinary course of business must be filed with the Bankruptcy Court and served on the Debtors no later than the Administrative Claims Bar Date.
The Borrower shall deliver a written notice to the DIP Administrative Agent electing to extend the maturity date of the DIP Facilities Documentation.
In accordance with section 1123(a)(1) of the Bankruptcy Code, the Debtors have not classified Administrative Claims, DIP Facilities Claims, and Priority Tax Claims, as described in Article II of this Plan.