DIP Superpriority Claim definition

DIP Superpriority Claim means allowed superpriority expense claims pursuant to Bankruptcy Code Sections 364(c)(1), 503 and 507 granted by the Bankruptcy Court DIP Order.
DIP Superpriority Claim means the allowed superpriority administrative expense claim granted to the Secured Parties in each of the Cases and any Successor Cases pursuant to Section 364(c)(1) of the Bankruptcy Code for all of the Obligations with priority over any and all administrative expense claims and unsecured claims against the Debtors or their estates in any of these Cases and any Successor Cases, at any time existing or arising, of any kind or nature whatsoever, including administrative expenses of the kinds specified in or ordered pursuant to Sections 105, 326, 328, 330, 331, 365, 503(a), 503(b), 507(a), 507(b) (except as set forth in the Orders), 546(c), 546(d), 726 (to the extent permitted by law), 1113, and 1114 of the Bankruptcy Code, and any other provision of the Bankruptcy Code, which shall at all times be senior to the rights of the Debtors and their estates, and any successor trustee or other estate representative; provided, however, that the DIP Superpriority Claim shall, subject to the Final Order, attach to the proceeds of Avoidance Actions; provided, further, that the DIP Superpriority Claim shall be subject to Permitted Encumbrances and the Carve-Out.
DIP Superpriority Claim means allowed superpriority expense claims pursuant to Bankruptcy Code Sections 364(c)(1), 503 and 507 granted by the Order.

Examples of DIP Superpriority Claim in a sentence

  • The LP DIP Superpriority Claim shall be subject and subordinate only to the LP Carve-Out.

  • Subject to the terms and conditions contained in this paragraph, upon the occurrence of the Final Maturity Date, the LP DIP Liens and the LP DIP Superpriority Claim, which have the relative lien and payment priorities as set forth herein, shall, in any event, be subject and subordinate to the LP Carve-Out, without duplication.

  • Ordinarily negotiation should be with not less than 3 candidates24.

  • The DIP Superpriority Claim shall be payable fromand have recourse to all prepetition and postpetition assets of the DIP Loan Parties (including, but not limited to, the DIP Collateral but, for the avoidance of doubt, excluding the Excluded Property).

  • Abbott’s primary products are medical devices, diagnostic testing products, nutritional products and branded generic pharmaceuticals.The following tables detail sales by reportable segment for the three and nine months ended September 30.


More Definitions of DIP Superpriority Claim

DIP Superpriority Claim shall have the meaning given to that term in the DIP Order.
DIP Superpriority Claim means the allowed superpriority administrative expense claim granted to the Note Parties in the Cases pursuant to Section 364(c)(1) of the Bankruptcy Code for all of the Obligations with priority over any and all Cases, at any time existing or arising, of any kind or nature whatsoever; provided that the DIP Superpriority Claim shall be subject to the Carve Out.
DIP Superpriority Claim means the allowed superpriority administrative expense claim granted to the Secured Parties in the Chapter 11 Case pursuant to Section 364(c)(1) of the Bankruptcy Code for all of the Obligations with, subject to the Carve-Out, priority over any and all administrative expense claims and unsecured claims against the Loan Parties or their estates in any of the Chapter 11 Case, at any time existing or arising, of any kind or nature whatsoever, including administrative expenses of the kinds specified in or ordered pursuant to Sections 105, 326, 328, 330, 331, 365, 503(a), 503(b), 507(a), 507(b), 546(c), 546(d), 726 (to the extent permitted by law), 1113, and 1114 of the Bankruptcy Code, and any other provision of the Bankruptcy Code, which shall at all times be senior to the rights of the Loan Parties and their estates, and any successor trustee or other estate representative.
DIP Superpriority Claim has the meaning specified in Section 10.05(a).
DIP Superpriority Claim shall have the meaning assigned to such term in Section 2.23(a)(ii).
DIP Superpriority Claim means has the meaning specified in Section 2.16(a)(i).
DIP Superpriority Claim means the superpriority administrative expense claim granted by the Court in the Interim Borrowing Order and the Final Borrowing Order in respect of the Obligations, as described in Section 2.5.