DIP Note definition

DIP Note means the Senior Secured Super-Priority DIP Financing Note, dated as of October 30, 2020, by and between the Debtor and the DIP Lender and approved under the DIP Order, as amended, supplemented or otherwise modified.
DIP Note means the Debtor-In-Possession Note, dated as of [ 2015], by and between the Debtor and the DIP Lender and approved by the Bankruptcy Court, as subsequently amended or modified.
DIP Note means the Debtor-in-Possession Promissory Note, dated as of September 16, 2014, together with all amendments, modifications and supplements thereto.

Examples of DIP Note in a sentence

  • BTS Enterprises shall retain its second priority DIP Liens (subordinated only to the TCB Secured Claim) and security interest in, to, and against the applicable collateral for all amounts relating to its DIP Loan Claim, including all rights granted to BTS Enterprises in the DIP Note, DIP Facility Documents, Interim DIP Loan Order, and Final DIP Loan Order, which shall be collaterally assigned to TCB.

  • Upon entry of this Interim Order by the Court and the satisfaction or waiver of all conditions precedent provided for in the Interim DIP Note, Post-Petition Lenders shall advance the Interim DIP Financing upon draw requests by the Debtor in accordance with the Budget and the terms of this Interim Order.

  • The Debtor is unable to obtain the Interim DIP Financing except on the terms and conditions set forth in this Interim Order and the Interim DIP Note.

  • The agreements and arrangements authorized in this Interim Order and the Interim DIP Note have been negotiated at arms' length with all parties represented by experienced counsel, have been entered into in good faith, and are enforceable in accordance with their terms.

  • The Debtor has requested from Post-Petition Lenders, and Post-Petition Lenders are willing to provide, the Interim DIP Financing pursuant to and in accordance with the terms and conditions set forth in this Interim Order and the Interim DIP Note.


More Definitions of DIP Note

DIP Note means a promissory note of the Borrower payable to any DIP Lender or its registered assigns, if requested by such DIP Lender or registered assignee, in substantially the form of Exhibit A.
DIP Note means the Note issued to Venture Fund I, Inc. pursuant to
DIP Note means that certain Promissory Note, dated July 26, 2016 by and between ESML, as maker, and the DIP Lender, as payee, as amended by the DIP Order and as otherwise amended from time to time.
DIP Note means that certain Debtor in Possession Secured Multi-Draw Term Promissory Note, entered into as of August 8, 2024, by and among DRFL, as borrower, DRFLLC as guarantor, and the DIP Lender, as approved by the DIP Orders, as amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, a copy of which is attached as Exhibit B to the Settlement and Release Agreement.
DIP Note has the meaning set forth in Section 2.1(e) hereof.
DIP Note means the debtor-in-possession delayed draw term loan note by and among the Debtors and the DIP Lenders, which shall be in form and substance acceptable to the DIP Lenders, the Equity Sponsor, and the Debtors.