Examples of DIP Facility Loan Agreement in a sentence
Thereafter, all obligations under the DIP Facility Loan Agreement shall terminate.
Thereafter, all obligations under the DIP Facility Loan Agreement shall terminate; provided, that the Allowed DIP Facility Claim shall be satisfied, settled, released, and discharged only as to the Debtors which are Reorganized Debtors, and the Allowed DIP Facility Claim shall not be satisfied, settled, released, or discharged as to any of the Debtors to which this Plan may be revoked or withdrawn pursuant to section 13.4 of this Plan.
Except as provided in this Plan (including Article VI of this Plan), on the Effective Date, the DIP Facility Agent, the Term Loan Agent, and their respective agents, successors and assigns shall be automatically and fully discharged of all of their duties and obligations associated with the DIP Facility Loan Agreement and the Term Loan Credit Agreement, as applicable.
Such treatment shall render each DIP Facility Claim satisfied in full on the Effective Date, consistent with the terms of the DIP Facility Loan Agreement and the RSA.
Except to the extent that a holder of an Allowed DIP Facility Claim agrees to a less favorable treatment, in full and final satisfaction, settlement, release, and discharge of, and in exchange for, each Allowed DIP Facility Claim, the holder of such Allowed DIP Facility Claim shall receive a principal portion of the Exit Facility equal to the DIP Facility Claim Amount, and all commitments under the DIP Facility Loan Agreement shall terminate.