DIP Term Facility definition

DIP Term Facility means that certain $60.0 million debtor-in-possession credit facility provided under the DIP Term Facility Loan Agreement.
DIP Term Facility means that certain $311.8 million senior secured term credit facility issued in accordance to the terms and conditions set forth in the DIP Term Agreement and the DIP Financing Order, as applicable.
DIP Term Facility means that certain debtor-in-possession financing facility, available pursuant to the terms and conditions of the DIP Term Agreement in the aggregate principal amount of up to $64.7 million.

Examples of DIP Term Facility in a sentence

  • In addition, a cross-sectional study lets the researchers find the prevalence of the outcome of interest, for subgroups within the population at a given time-point (Levin, 2006).

  • If MCP Funds objects to, delays, interferes with or otherwise impedes, directly or indirectly, the Restructuring (as defined in the Support Agreement) or the DIP Term Facility, holders of EveryWare Preferred Stock shall not receive any New Common Stock or releases under the Plan, and holders of Allowed Term Loan Claims in Class 5 shall receive the allocation of New Common Stock set forth in this Section 3.2(i)(2).

  • If the Debtors do not exercise the Exit Conversion, each holder of a DIP Term Facility Claim shall receive payment in full in Cash plus the Prepayment Penalty.

  • The Debtors’ primary source of financing during the Chapter 11 Cases is access to the DIP Term Facility, the DIP ABL Facility and cash collateral.

  • Except for Professional Compensation Claims, DIP Revolving Facility Claims, DIP Term Facility Claims, and unless previously Filed, requests for payment of Administrative Claims must be Filed and served on the Reorganized Debtors no later than the Administrative Claim Bar Date.


More Definitions of DIP Term Facility

DIP Term Facility has the meaning assigned to such term in the preamble herein.
DIP Term Facility means that certain $40.0 million debtor-in-possession credit facility provided under the DIP Term Facility Credit Agreement.
DIP Term Facility means those certain term loans arising under the DIP Term Credit Agreement.
DIP Term Facility means that certain senior secured super priority post- petition credit facility made available to the Debtors pursuant to the DIP Term Loan Documents and the DIP Orders.
DIP Term Facility means that certain debtor-in-possession term loan financing facility, the terms of which shall be consistent with the credit agreement substantially in the form attached as Exhibit 1-B to the Restructuring Term Sheet and shall otherwise be acceptable to the Debtors and the Requisite Consenting Creditors in all material respects.
DIP Term Facility means that certain debtor-in-possession financing facility, available pursuant to the terms and conditions of the DIP Term Agreement in the aggregate principal amount of up to $150 million, consisting of up to $50 million in New Money DIP Loans and up to $100 million in Roll-Up DIP Loans.
DIP Term Facility means the senior secured non-amortizing term loan credit facility provided by the DIP Term Lenders in an aggregate principal amount of $100 million made pursuant to that certain Superpriority Secured Debtor-in-Possession Term Loan, Security and Guaranty Agreement, by and among Chassix, the other borrowers and guarantors party thereto, the DIP Term Agent, the DIP Term Lenders and other parties thereto.