DIP Loan Claims definition
Examples of DIP Loan Claims in a sentence
Verso ABL DIP Loan Claims Any and all claims arising under or related to the Verso ABL DIP Loan.
On the Effective Date, the DIP Loan Claims shall be paid in full in Cash (or such other consideration as the DIP Lenders agree in their sole discretion).
The Plan Debtors may, at their option, satisfy all or a portion of the DIP Loan Claims through a conversion to New Common Stock (a “DIP Conversion”), provided GGP engages in a “Qualified Rights Offering” in accordance with the terms of the order approving the DIP facility or on such other terms as the parties may agree.