Examples of DIP Financing Agreements in a sentence
Each Allowed DIP Financing Claim shall include all interest, fees, costs and charges accrued up to the Effective Date, accrued at the rates provided for in the DIP Financing Agreements.
The Lender Secured Claim shall be deemed Allowed for all purposes in connection with this Plan and shall be deemed to be previously indefeasibly paid in full on the Effective Date and Wachovia shall be released from any and all liabilities and causes of action in accordance with the DIP Financing Agreements and DIP Financing Order.
At the Interim Hearing, the Bankruptcy Court approved the Debtors’ execution, delivery and performance of the DIP Financing Agreements pending the Final Hearing on the DIP Motion.
The DIP Financing Agreements shall constitute and evidence the valid and binding obligations of the Debtors, which obligations shall be enforceable against the Debtors, their estates and any successors thereto and their creditors, in accordance with their terms.
Concurrently with the execution of this Agreement, Sellers entered (and caused their Subsidiaries to enter) into the DIP Financing Agreements, which includes a grant by Sellers to the lenders thereunder of a lien on Sellers’ rights under the Deposit Escrow Agreement, subject to the terms and conditions described therein.
On the Effective Date, each of the DIP Lenders, as holders of Class 1 Allowed Claims, shall receive indefeasible payment in full in Cash in respect of all Obligations (as defined in the DIP Financing Agreements).
Substantive Consolidation shall not impair or adversely affect in any respect any of the liens, claims (including, without limitation, the Class 1 Claims), rights, priorities, protections and remedies granted under the Final DIP Order and the DIP Financing Agreements.
The DIP Financing Agreements represent valid and binding obligations of the Debtors enforceable against the Debtors in accordance with their terms.
Except as otherwise provided herein, no waiver, modification, or amendment of any of the provisions hereof shall be effective unless set forth in writing, signed by or on behalf of all the Debtors and the DIP Agents (after having obtained the approval of the DIP Secured Parties as provided in the DIP Financing Agreements) and approved by the Bankruptcy Court.
The Lender Secured Claim will be deemed to be previously indefeasibly paid in full on the Effective Date and Wachovia shall be released from any and all liabilities and causes of action in accordance with the DIP Financing Agreements and DIP Financing Order.