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.
The DIP Obligors 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 Excluded DIP Obligations shall survive the Effective Date and shall not be discharged or released pursuant to the Plan or Confirmation Order, notwithstanding any provision hereof (including, without limitation, Sections 11.4, 11.5 and 11.8(b)) or thereof to the contrary.