DIP Term Lenders definition

DIP Term Lenders means, together, the DIP Term Agent and the lenders party to the DIP Term Agreement.
DIP Term Lenders means the lenders under the DIP Term CreditAgreement.

Examples of DIP Term Lenders in a sentence

  • The DIP Facility Claims of the DIP Term Agent and the DIP Term Lenders shall be deemed to be Allowed in an amount equal to the outstanding DIP Term Obligations (as defined in the CA DIP Order).

  • From and after the Effective Date, the DIP Term Lenders shall be deemed to have waived any claim or recourse on account of such parties’ adequate protection claims or DIP Claims, as applicable, against the Litigation Trust, the Litigation Trust Assets, and any such adequate protection claims or DIP Claims, as applicable, shall be subordinated in all respects to the obligation of the Debtors or the Reorganized Debtors, as applicable, to transfer all of the Litigation Trust Assets to the Litigation Trust.

  • On or before the Effective Date, the Debtors and the Avoidance Actions Trustee shall execute the Avoidance Actions Trust Agreement, which shall be in form and substance reasonably acceptable to the DIP Term Lenders, and shall take all other necessary steps to establish the Avoidance Actions Trust and the Avoidance Action Trust Interests therein, which shall be for the benefit of the Avoidance Actions Trust Beneficiaries, whether their Claims are Allowed before, on, or after the Effective Date.

  • Nothing herein shall require the DIP Administrative Agent, Prepetition Term Loan Agent, DIP Term Lenders and the DIP ABL Secured Parties, or their respective professionals, to file a Proof of Claim or otherwise seek approval of the Court for payment of their reasonable and documented fees and expenses (including the reasonable and documented fees and expenses of their professionals), which payment shall be on the terms set forth in the DIP Orders.

  • None of the DIP Term Agent, the DIP Term Lenders, the DIP ABL Lender, or the CA Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Professional Person incurred in connection with the Chapter 11 Cases or any Successor Cases.

  • Unless this Court orders otherwise, the automatic stay shall automatically be terminated at the end of the Remedies Notice Period without further notice or order as to the DIP Term Agent, the DIP Term Lenders, and the DIP ABL Lender.

  • Upon entry of this Interim Order and to the fullest extent provided by applicable law, the DIP Term Agent (on behalf of the DIP Term Lenders), the DIP ABL Lender, the Prepetition Term Agent (on behalf of the Prepetition Term Lenders), and the Prepetition ABL Lender, shall be, and shall be deemed to be, without any further action or notice, named as additional insured and loss payee on each insurance policy maintained by the CA Debtors that in any way relates to the DIP Collateral.

  • Upon delivery of the Avoidance Actions Trust Assets to the Avoidance Actions Trust, the Debtors and Reorganized Debtors, their predecessors, successors and assigns, the DIP Term Lenders, and each other Entity released pursuant to Article X herein shall be discharged and released from all liability with respect to the delivery of such distributions.

  • The DIP Term Agent, the DIP Term Lenders, the DIP ABL Lender, and the CA Prepetition Secured Parties will not be required to file proofs of claim in any of the Chapter 11 Cases or Successor Cases for any claim allowed herein.

  • Notwithstanding the foregoing, this Plan, as to the applicable Debtors party to the DIP Term Credit Agreement, is contingent upon the DIP Term Agent and the DIP Term Lenders either receiving the indefeasible payment in full in cash of their outstanding remaining DIP Facility Claims or agreeing to a different treatment of their DIP Facility Claims under this Plan, including accepting less than the full cash payment on account thereof, in each case subject to the terms of the CA Committee Settlement.


More Definitions of DIP Term Lenders

DIP Term Lenders means, collectively, the banks, financial institutions, and other lenders party to the DIP Term Agreement, from time to time, each solely in their capacity as such.
DIP Term Lenders means those certain Consenting Secured Noteholders who are lenders under the DIP Term Facility.
DIP Term Lenders has the meaning set forth in the recitals.
DIP Term Lenders. All eligible holders of the 8.25% Second Priority Senior Secured Notes due Requisite Lenders under the DIP Term Facility:
DIP Term Lenders means those certain lending institutions as term lenders under the DIP Intercreditor Agreement.

Related to DIP Term Lenders

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.