DIP Loans definition

DIP Loans means the loans provided under the DIP Facility.

DIP Loans means the postpetition financing provided by the DIP Lenders on the terms and conditions set forth in the DIP Order and to be set forth in DIP Order No. 2.

DIP Loans means the loans provided under the DIP Facility, which shall be converted into New Common Stock on the Effective Date in accordance with Article II.B. of the Prepackaged Plan.

Examples of DIP Loans in a sentence

• Subject to the terms and conditions and in compliance with this Interim Order, the Approved Budget then in effect, and the DIP Credit Documents, each DIP Credit Party is authorized to use proceeds of the DIP Loans.

• The initial lenders under the DIP Facility will be the Initial Consenting Noteholders, severally, but not jointly, and the DIP Loans will be funded pro rata based on the amount of Unsecured Notes Claims held by such holders pursuant to the terms of the DIP Documents.

• Proceeds of all DIP Loans made to or for the benefit of any of the Debtors on or after the Petition Date in accordance with the DIP Credit Documents and Cash Collateral shall be used by the Debtors in accordance with the DIP Credit Documents and this Interim Order, and subject to and in accordance with the Approved Budget5 then in effect.

• As a condition precedent to the obligations of the Initial Consenting Noteholders to make DIP Loans under the DIP Documents, among other things, the Required Consenting First Lien Lenders shall have directed the First Lien Agent, on behalf of itself and the First Lien Lenders, to join the Restructuring Support Agreement.

More Definitions of DIP Loans

DIP Loans means the $8 million in term loans to be provided pursuant to the DIP Credit Agreement.

DIP Loans means the Replacement DIP Loans.

DIP Loans means the loans made under the DIP Facility.

DIP Loans means the loans made by the Lenders from time to time pursuant to Section 2.01(a).

DIP Loans means the loans advanced pursuant to the DIP Credit Agreement.

DIP Loans means loans by the DIP Lender to the Sellers afterthe Petition Date approved by the Bankruptcy Court pursuant to Section 364 of the Bankruptcy Code.

DIP Loans means the “Term Loans” as defined in the DIP Credit Agreement.