DIP Obligations definition

DIP Obligations means “DIP Obligations” as defined in the DIP Order.

DIP Obligations means the DIP Obligations, as that term is defined in the Agreement.

DIP Obligations has the meaning given to such term in the DIP Order.

Examples of DIP Obligations in a sentence

• The Debtors shall be jointly and severally liable for the DIP Obligations.

• The DIP Loan Parties shall be jointly and severally liable for the DIP Obligations.

• Upon payment or satisfaction in full of the DIP New Money Claims and DIP ABL Claims (except the Excluded DIP Obligations) in accordance with the terms of this Plan, on the Effective Date all liens and security interests granted to secure such obligations shall be terminated and of no further force or effect.

• The DIP Loan Documents and all DIP Obligations shall represent, constitute and evidence, as the case may be, valid and binding obligations of the Debtors, enforceable against the Debtors, their estates and any successors thereto in accordance with their terms.

• Except to the extent that a holder of a DIP New Money Claim or DIP ABL Claim agrees to less favorable treatment, the Reorganized Debtors shall pay, on the Effective Date, in full and complete satisfaction, settlement and release of such Claim, except for the Excluded DIP Obligations, an amount in Cash equal to the Allowed amount of such DIP New Money Claim or DIP ABL Claim, as applicable, and all commitments under the DIP Agreement shall terminate.

More Definitions of DIP Obligations

DIP Obligations means the Replacement DIP Obligations.

DIP Obligations means the aggregate of all amounts owing under the DIP Term Sheet.

DIP Obligations means all present and future obligations, indebtedness and liabilities, and all renewals and extensions of all or any part thereof, of the Debtors to Lender arising from, by virtue of, or pursuant to this Agreement, any DIP Loan Documents, and any and all renewals and extensions thereof or any part thereof, or future amendments thereto, all interest accruing on all or any part thereof and the reasonable attorneys’ fees incurred by Lender for the negotiation and preparation of this Agreement and consummation of the same, execution of waivers, amendments and consents, and in connection with the enforcement or the collection of all or any

DIP Obligations means the obligations of the Debtors and Non-Debtor Guarantors to pay unpaid principal, interest, fees and expenses and all other charges to the DIP Secured Parties provided for under the DIP Credit Agreement and the DIP Order.

DIP Obligations means, as of any date of determination, all Obligations (as defined in the DIP Loan Agreement) outstanding under the DIP Loan Agreement, including any Advances (as defined in the DIP Loan Agreement) outstanding (including, without limitation, the face amount of any outstanding Letter of Credit issued pursuant to the DIP Loan Agreement), the Term Loan (as defined in the DIP Loan Agreement) and accrued interest, fees and other charges payable thereunder.

DIP Obligations means all obligations owing under the DIP Credit Agreement and the other DIP loan documents to the DIP Agent and the DIP Lenders (collectively, and including all “Obligations” as described in the DIP Credit Agreement).

DIP Obligations means all advances to, and debts, indebtedness, liabilities, obligations, covenants and duties of, any Borrower arising under any DIP Loan Document or otherwise with respect to any Loan, and all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising. “DIP Orders” means the Interim DIP Order and the Final DIP Order, as applicable, based on which such order is then in effect.