Examples of DIP Term Facility Agent in a sentence
As of the close of business on the Distribution Record Date, the various transfer registers for each of the Classes of Claims or Interests as maintained by the Debtors, the DIP Term Facility Agent, or their respective agents, shall be closed, and the Debtors, the DIP Term Facility Agent, or their respective agents shall not be required to make any further changes in the record holders of any of the Claims or Interests.
On the Effective Date, the DIP Term Facility Agent shall be authorized to (i) disburse all remaining funds (if any) in the DIP Term Facility Priority Account to the Debtors or the Reorganized Debtors and (ii) close the DIP Term Facility Priority Account.
The Disbursing Agent, the DIP Term Facility Agent, and Debtors shall be entitled to recognize and deal for all purposes hereunder only with those record holders stated on the transfer ledgers as of the close of business on the Distribution Record Date, to the extent applicable.
The Debtors, the DIP Term Facility Agent, or the Disbursing Agent shall have no obligation to recognize any transfer of the Claims or Interests occurring on or after the Distribution Record Date.
The DIP Term Facility Agent, the DIP Revolving Facility Agent, the Existing First Lien Agent or the Indenture Trustee, as applicable, each in its sole discretion, may file a photocopy of this Preliminary Hearing Order as a financing statement with any filing or recording office or with any registry of deeds or similar office, in addition to, or in lieu of, such financing statements, notices of liens or similar statements.
To the extent not entered into as of the date hereof, the Debtors shall negotiate the DIP Documents in good faith and in all respects such DIP Documents shall be consistent with the terms of the DIP Term Sheet and otherwise acceptable to the Debtors and each DIP Agent (and in the case of the DIP Term Facility Agent, the Requisite DIP Term Lenders (as defined herein)).
Objections to the entry of the Final Hearing Order shall be in writing and shall be filed with the Clerk of this Court, on or before 4:00 p.m. (prevailing Central time) on November 25, 2016, with a copy served upon: (i) counsel to the Debtors, Haynes & Boone LLP, 1221 McKinney Street, Suite 2100, Houston, Texas 77010 (Attn: Kenric Kattner, Esq.); (ii) counsel to the DIP Term Facility Agent, Ropes & Gray LLP, 1211 Avenue of the Americas, New York, New York 10036, (Attn: Mark R.
DIP Term Facility Claims are all Claims against the Debtors held by the DIP Term Facility Agent and the DIP Term Facility Lenders pursuant to the DIP Term Facility Agreement and the Final DIP Order, including, without limitation, all “Obligations” as defined in the DIP Term Facility Agreement.
None of the Debtors, Reorganized Debtors, Term Loan Lenders, Term Loan Agent, DIP Term Facility Lenders, DIP Term Facility Agent, Exit Term Facility Lenders, Exit Term Facility Agent, ABL Facility Lenders, ABL Facility Agent, DIP ABL Facility Lenders, DIP ABL Facility Agent, Exit ABL Facility Lenders, Exit ABL Facility Agent, the Creditors Committee or any Professionals of the foregoing shall object to any Professional Claims that comprise the Professional Fee Payment Amount.
Voting Amendments and waivers of the DIP Term Facility will require the approval of DIP Term Lenders holding more than 50% of the outstanding Junior DIP Commitments and DIP Term Loans (the “Required DIP Term Lenders”), subject to customary exceptions for certain provisions which shall require the consent of each affected DIP Term Lender or all DIP Term Lenders and customary protections for the DIP Term Facility Agent.