DIP Lender Claim definition

DIP Lender Claim means the Administrative Claim of the DIP Lender under the DIP Note. The DIP Lender Claim is Allowed in full.
DIP Lender Claim means any Claim against a Debtor under or evidenced by (a) the DIP Credit Agreement and (b) the Final DIP Order.
DIP Lender Claim means any Claim against the Debtor arising under the DIP Term Sheet or DIP Order, or both (other than a Claim for adequate protection due to the Prepetition Lenders under the DIP Order, which Claim shall constitute a Prepetition Lender Claim for purposes of the Plan).

Examples of DIP Lender Claim in a sentence

  • Allowed DIP Lender Claim: The DIP Lender Claim is Allowed in full.

  • Another is, Maria Navarro, Director of Training and Development (CCL&D), was the person who encouraged and guided us to give the best of our self.

  • On the Effective Date, pursuant to the Subscription Option, the DIP Lender shall have the option, on account of being the holder of the Allowed DIP Lender Claim, to convert a portion of the outstanding Allowed DIP Lender Claim into shares of New Equity at a rate of 10% of the Allowed DIP Lender Claim for 60 shares of New Equity, up to a maximum of 100% of the Allowed DIP Lender Claim for 600 shares out of the total 1000 shares of New Equity.

  • Co je jeho účelem?Trojan se obvykle používá pro tajné získávání informací za použití metody pro instalaci softwaru, který umožní na dálku přistup ke sledování toho, co legitimní uživatel počítače dělá (v tomto případě Trojan je špionážním zbožím) a na příklad zazna- menává klávesnicové úhozy, aby získal hesla (když Trojan toto provádí nazývá se “registrační zařízení klávesnice”) nebo jiné relevantní informace pro spáchání podvodu.

  • The DIP Lender Claim constitutes the Administrative Claim of Cavaliere for her post- petition DIP Loan in the approximate amount of $25,000.

  • The DIP Lender Claim will be waived and released on the Effective Date of the Plan and under the Settlement Agreement.

  • On the Effective Date, the DIP Lender shall have the option, on account of being the holder of the DIP Lender Claim, to exchange a total of up to 100% in satisfaction of such amount of its allowed claim for up to a total of 600 shares out of the total 1,000 shares of the issued equity of the reorganized debtor, at a rate of 10% of the Allowed DIP Lender Claim for 60 shares of New Equity of the equity of the reorganized debtor (the “Subscription Option”).

  • The DIP Lender Claim shall be repaid by a combination of the Subscription Option (which shall reduce amounts owing under the DIP Note on a dollar-for-dollar basis), the funding of additional consideration by Plan Sponsor or cancellation of such amounts advanced under the DIP Financing.

  • Pursuant to the Subscription Option, the DIP Lender shall have the option, on account of being the holder of the Allowed DIP Lender Claim, to convert a portion of the outstanding Allowed DIP Lender Claim into shares of New Equity at a rate of 10% of the Allowed DIP Lender Claim for 60 shares of New Equity, up to a maximum of 100% of the Allowed DIP Lender Claim for 600 shares out of the total 1000 shares of New Equity.

  • The DIP Lender Claim will be waived and released on the Effective Date under the Settlement Agreement.


More Definitions of DIP Lender Claim

DIP Lender Claim means the Claim held by the DIP Lender arising from the DIP
DIP Lender Claim means an Allowed Claim of a DIP Lender in respect of the obligations of the Debtors arising under the DIP Facility.
DIP Lender Claim means the Allowed Claim of DIP Lender in the approximate principal amount of $150,000 plus accrued and unpaid interest according to the terms of the loan documents between the Debtor and the DIP Lender not to exceed $1 million. The DIP Lender Claim is secured by the DIP Lender Collateral.
DIP Lender Claim means any Claim by or on the behalf of the DIP Lender against Debtors representing any unsatisfied portion of the obligation under the DIP Loan on the Effective Date.
DIP Lender Claim means a Claim of the DIP Lenders arising under or as a result of the DIP Credit Agreement or the Final DIP Order.
DIP Lender Claim means a claim for repayment of the DIP Loan.

Related to DIP Lender Claim

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • First Lien Obligations means the “Obligations” as defined in the First Lien Credit Agreement.

  • Junior Priority Obligations means the Initial Junior Priority Obligations and any Additional Obligations constituting Junior Priority Debt.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Prepetition Collateral means the collateral described and defined in the Prepetition Loan Documents, which includes “cash collateral” (within the meaning of Bankruptcy Code § 363(a)), as applicable.