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.
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DIP Lender Claim means any Claim against a Debtor under or evidenced by (a) the DIP Credit Agreement and (b) the Final DIP Order.
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DIP Lender Claim means the Claim held by the DIP Lender arising from the DIP
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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 an Allowed Claim of a DIP Lender in respect of the obligations of the Debtors arising under the DIP Facility.
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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.
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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.
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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).
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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.
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DIP Lender Claim means a claim for repayment of the DIP Loan.
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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, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

  • Junior Priority Obligations means the Original Second Lien 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 Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (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 Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • Other First Lien Obligations means (a) the due and punctual payment by any Pledgor of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding) on Indebtedness under any Other First Lien Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, and (ii) all other monetary obligations of such Pledgor to any Secured Party under any Other First Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding), (b) the due and punctual performance of all other obligations of such Pledgor under or pursuant to any Other First Lien Agreement and (c) the due and punctual payment and performance of all the obligations of each other Pledgor under or pursuant to any Other First Lien Agreement.

  • 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).

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • 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.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Priority Lien Obligations means Priority Lien Debt and all other Obligations in respect thereof.

  • 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 means debtor-in-possession.

  • 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.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

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

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.