DIP Facility definition
DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.
DIP Facility has the meaning assigned to such term in the recitals hereto.
DIP Facility means the debtor-in-possession credit facility entered into on the terms and conditions set forth in the DIP Facility Documents.
Examples of DIP Facility in a sentence
The tenure of the DIP Facility is therefore based on Ontario’s assessment that the new business will begin to generate positive cash flows 3 Ibid.
For the avoidance of doubt, the debt arising from the DIP Facility shall be excluded from the Scheme.
The DIP Facility will be drawn down in several tranches, subject to Ontario’s discretion to determine the amount to be disbursed in each tranche.
More Definitions of DIP Facility
DIP Facility as defined in the recitals to this Agreement.
DIP Facility means that certain debtor-in-possession credit facility created under the DIP Credit Agreement.
DIP Facility means any postpetition debtor-in-possession credit facility provided to the Debtors during the Chapter 11 Cases pursuant to the DIP Facility Agreement.
DIP Facility means the $500,000,000 superpriority senior secured credit facility provided by the DIP lenders pursuant to the DIP Credit Agreement.
DIP Facility means that superpriority unsecured non-amortizing credit facility of up to
DIP Facility means that certain Secured Superpriority Debtor-in-Possession Credit Agreement entered into or to be entered into by Parent, as borrower, certain Subsidiaries of Parent listed therein, as guarantors, Sponsor, as lender, and Export Development Canada, as lender.
DIP Facility means the multiple-draw term-loan credit facility with aggregate DIP Commitment of $70,000,000, as approved by the DIP Order.