Examples of DIP Financing Motion in a sentence
On October 26, 2009, FairPoint, as debtor-in-possession, filed its DIP Financing Motion.
FairPoint Communications will request that the Bankruptcy Court enter a final order approving the DIP Financing Motion, pursuant to which the DIP Borrowers are expected to be granted access to the full amount of the DIP Financing, subject to the terms and conditions set forth in the DIP Credit Agreement and the related orders of the Bankruptcy Court.
On March 3, 2021, the Bankruptcy Court also approved the DIP Financing Motion on an interim basis, as more fully discussed in Section 2.02(d) herein.
Additional information regarding the DIP Financing Motion and DIP Financing is set forth in Section V.C.3 (“Overview of Chapter 11 Cases—First Day Orders—DIP Financing Motion”) and Section V.D (“Overview of Chapter 11 Cases— Chapter 11 Financing”) of this Disclosure Statement.
At the hearing, the Bankruptcy Court did not approve the DIP Financing Motion and directed the parties to negotiate a new limited agreed order.