DIP Financing Liens definition

DIP Financing Liens has the meaning assigned to such term in Section 2.05(b).

DIP Financing Liens shall have the meaning assigned to such term in Section 6.01(a).

DIP Financing Liens has the meaning set forth in Section 4.11.

Examples of DIP Financing Liens in a sentence

• For the avoidance of doubt, any DIP Financing Liens on any ABL Priority Collateral shall not apply automatically to any Note Priority Collateral, and any DIP Financing Liens on any Note Priority Collateral shall not apply automatically to any ABL Priority Collateral.

• Such Lien on post-petition assets of the same type as the Term Loan First Lien Collateral, if granted to the ABL Agent, will be subordinated to the adequate protection Liens granted in favor of each Pari Term Loan Debt Agent on such post-petition assets, and, if applicable, to the DIP Financing Liens of each Pari Term Loan Debt Agent or any other Pari Term Loan Secured Party on such post-petition assets of the same type as the Term Loan First Lien Collateral.

• There are records in literature wherein industrial solid wastes in combination with primary binders have given much better results than them being used as standalone stabilizers and can also result in pozzolanic strength gain over primary binder stabilization alone [17].

• Such Lien on post-petition assets of the same type as the ABL First Lien Collateral, if granted to any Pari Term Loan Debt Agent, will be subordinated to the adequate protection Liens granted in favor of the ABL Agent on such post-petition assets, and, if applicable, to the DIP Financing Liens of the ABL Agent or any other ABL Secured Party on such postpetition assets of the same type as the ABL First Lien Collateral.

• Such Lien on post-petition assets of the same type as the ABL First Lien Collateral, if granted to the Noteholder Collateral Agent, will be subordinated to the adequate protection Liens granted in favor of the ABL Agent on such post-petition assets, and, if applicable, to the DIP Financing Liens of the ABL Agent or any other ABL Secured Party on such post-petition assets of the same type as the ABL First Lien Collateral.

More Definitions of DIP Financing Liens

DIP Financing Liens has the meaning assigned to such term in Section 3.08(b).

DIP Financing Liens shall have the meaning assigned to such term in Section 7.01.

DIP Financing Liens has the meaning set forth in ‎Section 2.1(b).

DIP Financing Liens as defined in Section 14.6(a).

DIP Financing Liens has the meaning assigned to such term in Section 2.05(b). “DIP Lenders” has the meaning assigned to such term in Section 2.05(b). “Discharge” means, with respect to any Shared Collateral and any Series of First- Lien Obligations, the date on which such Series of First-Lien Obligations is no longer secured by such Shared Collateral. The term “Discharged” shall have a corresponding meaning. “Discharge of Credit Agreement Obligations” means, the payment in full in cash of all Credit Agreement Obligations (other than any contingent indemnity obligations that have not then been asserted) and the termination of all commitments thereunder; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with additional First-Lien Obligations under an Additional First-Lien Document in accordance with Section 2.08 hereof. “Event of Default” means an “Event of Default” (or similarly defined term) as defined in any Secured Credit Document. “First-Lien Obligations” means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Additional First-Lien Obligations. “First-Lien Secured Parties” means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations. “First-Lien Security Documents” means, collectively, (i) the Credit Agreement Collateral Documents and (ii) the Additional First-Lien Security Documents. 4 001317-0004-16372-Active.32162929 “Grantors” means the Borrower and each of the Guarantors (as defined in the Credit Agreement) and each other Subsidiary of the Borrower which has granted a security interest pursuant to any First-Lien Security Document to secure any Series of First-Lien Obligations. The Grantors existing on the date hereof are set forth in Annex I hereto. “Impairment” has the meaning assigned to such term in Section 1.03. “Initial Additional Authorized Representative” has the meaning assigned to such term in the introductory paragraph of this Agreement. “Initial Additional First-Lien Agreement” mean that certain [indenture] [other agreement], dated as of [●], among the Borrower, [the Guarantors identified therein,] and [●]as [trustee], as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time. “Initial Additional First-Lien Documents” means the Initial Additional First-Lien Agreement, ...

DIP Financing Liens has the meaning assigned to such term in Section 2.06(b). “DIP Lenders” has the meaning assigned to such term in Section 2.06(b). “Discharge” means, with respect to any Shared Collateral and any Series of First Lien Obligations, the date on which (i) such Series of First Lien Obligations is no longer secured by such Shared Collateral pursuant to the terms of the documentation governing such Series of First Lien Obligations or, with respect to any Secured Hedge Obligations or Secured Cash Management Obligations secured by the First Lien Security Documents for such Series of First Lien Obligations, either (x) such Secured Hedge Obligations or Secured Cash Management Obligations have been paid in full and are no longer secured by such Shared Collateral pursuant to the terms of the documentation governing such Series of First Lien Obligations, (y) such Secured Hedge Obligations or Secured Cash Management Obligations shall have been cash collateralized on terms satisfactory to each applicable counterparty (or other arrangements satisfactory to the applicable counterparty shall have been made) or (z) such Secured Hedge Obligations or Secured Cash Management Obligations are no longer secured by such Shared Collateral pursuant to the terms of the documentation governing such Series of First Lien Obligations, (ii) any letters of credit issued under the -3- VP/#40336866.2

DIP Financing Liens has the meaning assigned to such term in Section 9.02. “DIP Lenders” has the meaning assigned to such term in Section 9.02.