DIP Term Agent definition

DIP Term Agent means GACP Financing Co., LLC, as administrative agent under the DIP Term Credit Agreement;

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DIP Term Agent means Alter Domus (US) LLC, in its capacity as administrative agent under the DIP Term Credit Agreement, its successors, assigns, or any replacement agent appointed pursuant to the terms of the DIP Term Agreement.

DIP Term Agent means Wilmington Trust, National Association, in its capacity as administrative agent and collateral agent under the DIP Term Facility.

Examples of DIP Term Agent in a sentence

In furtherance thereof, the DIP Term Agent agrees that it will execute any and all Lien releases or other documents reasonably requested by the DIP ABL Agent in connection therewith, so long as the net cash proceeds from such sale or other disposition of such DIP ABL Priority Collateral are applied in accordance with the terms of this Agreement.
In exercising remedies, whether as a secured creditor or otherwise, the DIP ABL Agent shall have no obligation or liability to the DIP Term Agent or to any DIP Term Lender, and the DIP Term Agent shall have no obligation or liability to the DIP ABL Agent or any DIP ABL Lender, regarding the adequacy of any Proceeds or for any action or omission, save and except solely for an action or omission that breaches the express obligations undertaken by each Party under the terms of this Agreement.
Each of the DIP ABL Agent and the DIP Term Agent is hereby authorized to demand specific performance of this Agreement, whether or not any DIP ABL Borrower, any DIP ABL Guarantor, the DIP Term Borrower or any DIP Term Guarantor shall have complied with any of the provisions of any of the Credit Documents, at any time when the other Party shall have failed to comply with any of the provisions of this Agreement applicable to it.
In the event that the DIP Term Agent shall, in the exercise of its rights under the DIP Term Collateral Documents or otherwise, obtain title to any Intellectual Property previously owned by any of the DIP ABL Credit Parties, the DIP Term Agent hereby irrevocably grants the DIP ABL Agent a non-exclusive license or other right to use, without charge, such Intellectual Property as it pertains to the DIP ABL Priority Collateral in advertising for sale and selling any DIP ABL Priority Collateral.
In furtherance thereof, the DIP ABL Agent agrees that it will execute any and all Lien releases or other documents reasonably requested by the DIP Term Agent in connection therewith, so long as the net cash proceeds from such sale or other disposition of such DIP Term Priority Collateral are applied in accordance with the terms of this Agreement.

More Definitions of DIP Term Agent

DIP Term Agent means Wilmington Savings Fund Society, FSB, solely in its capacity as administrative agent and collateral agent under the DIP Term Credit Agreement, including any successor thereto.

DIP Term Agent means Orion Energy Partners Investment Agent, LLC, as administrative agent and collateral agent under the DIP Term Credit Agreement.

DIP Term Agent means Cantor Fitzgerald Securities, in its capacity as administrative agent and collateral agent under the DIP Term Facility, together with its respective successors and assigns solely in such capacity.

DIP Term Agent means Wilmington Savings Fund Society, FSB, in its capacity as administrative agent under the DIP Term Documents.

DIP Term Agent means Franchise Group, Inc., in its capacities as administrative agent and collateral agent under the DIP Real Estate Facility Credit Agreement dated as of July 10, 2020.

DIP Term Agent means OCM FIE, LLC, in its capacity as agent under the DIP Term Facility.

DIP Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor trustee or collateral agent appointed under the DIP Term Credit Agreement, the DIP Term Collateral Documents, the DIP Term Note Purchase Agreement and any agent of any of the foregoing.