DIP Lender Claims definition

DIP Lender Claims means superpriority administrative Claims of the DIP Lenders under the DIP Credit Agreement or the Final DIP Order, including, to the fullest extent, all Claims arising from or related to the Secured Obligations (as defined in the DIP Credit Agreement), subject to the right of the Debtors, the Liquidation Trust or Creditors’ Committee to dispute the amount of any Claims made by the DIP Lenders.

DIP Lender Claims means any Claims of the DIP Lender arising under the DIP Credit Facility or the DIP Order.

DIP Lender Claims means any Claims of the DIP Lender arising under the DIP Loan Facility.

Examples of DIP Lender Claims in a sentence

• All DIP Lender Claims shall be Allowed as provided in the DIP Order.

• The DIP Agent shall, in turn, promptly administer the distribution to the holders of the DIP Lender Claims.

• Distributions to holders of Allowed DIP Lender Claims shall be made in accordance with Section 8.10 hereof.

• Upon satisfaction of the Allowed DIP Lender Claims as set forth in this Section 3.1 of the Plan, all Liens and security interests granted to secure such obligations, whether in the Chapter 11 Cases or otherwise, shall be terminated and of no further force or effect.

• Notwithstanding anything otherwise to the contrary, any DIP Lender Claims that do not arise until after the Effective Date shall be paid in full by the Reorganized Debtors pursuant to the terms of the DIP Facility.

More Definitions of DIP Lender Claims

DIP Lender Claims means all Claims of the DIP Lenders.

DIP Lender Claims means any and all Claims derived from, based upon, or secured by, the DIP Facility, the DIP Loan Documents, or the DIP Orders held by any DIP Lender or the DIP Agent.

DIP Lender Claims means the claims arising under and with respect to the DIP Borrowing Obligations.

DIP Lender Claims means the obligations of the Debtors to the DIP Agent and the DIP Lenders arising from or related to the DIP Agreement, the Interim DIP Order and the Final DIP Order.

DIP Lender Claims means the Claims of the DIP Lenders under the DIP Credit Agreement and the DIP Orders.

DIP Lender Claims means all Allowed Claims of S-C Rig arising under or related to the DIP Financing Documents, including Claims, if any, which are Secondary Liability Claims.

DIP Lender Claims means (a) all Indebtedness, obligations and other liabilities (contingent or otherwise) of the Borrowers, the Domestic Guarantors, the Existing Foreign Subsidiaries and the Domestic Non-Debtor arising under or with respect to the DIP Lender Documents, (b) all interest, costs, expenses, fees, reimbursements, indemnities and other similar amounts owing by any of them pursuant to any of the DIP Lender Documents and (c) to the extent not prohibited by the Pre-Petition Credit Agreement, any amounts advanced by any of the DIP Lenders to acquire, pay or otherwise satisfy, discharge or reduce any claim (other than a Pre-Petition Lender Claim) secured by a Lien on the DIP Lender Collateral which is senior to a Lien granted to the DIP Lenders pursuant to the DIP Lender Documents. To the extent any payment with respect to the DIP Lender Claims (whether by or on behalf of any Existing Foreign Subsidiary, any Borrower, any Domestic Guarantor or the Domestic Non-Debtor, as proceeds of security, enforcement of any right of setoff or otherwise) is (i) declared to be fraudulent or preferential in any respect, (ii) set aside or (iii) required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred.