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

  • Without limiting the generality of the foregoing, proposals contained herein shall be subject to, among other things, completion of due diligence and obtaining any necessary final credit authorizations and approvals by the DIP Revolving Lenders and the DIP Term Lenders, respectively.

  • Requisite DIP Term Lenders, except for (i) provisions customarily requiring approval by affected DIP Term Lenders and (ii) for provisions affecting the rights or duties of the DIP Term Agent, the DIP Term Agent.

  • No participation under the DIP Term Facility shall include voting rights, other than for matters requiring consent of 100% of the DIP Term Lenders.


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. All eligible holders of the 8.25% Second Priority Senior Secured Notes due 2020 (the “Second Priority Notes”) issued by the Borrower under that certain Indenture, dated as of May 2, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Existing Indenture”), among the Xxxxxxxx, the guarantors from time to time party thereto, and Wilmington Trust, National Association, as trustee and notes collateral agent (in such capacities, the “Indenture Trustee”) shall be offered the right to participate in the DIP Term Facility on a ratable basis following the funding of the Subsequent DIP Term Loans (as defined below) pursuant to procedures reasonably satisfactory to the DIP Term Agent, the Backstop Parties and the Borrower (“Syndication Procedures”), which shall include, among other things, a provision that any holders participating in such offer shall become a party to the Creditor Support Agreement (the holders participating in such offer, together with the Backstop Parties, collectively, the “DIP Term Lenders”). Any amounts of the DIP Term Facility not so allocated shall be allocated to the Backstop Parties on a ratable basis based on their respective Backstop Commitments. Requisite Lenders under the DIP Term Facility:
DIP Term Lenders means those certain lending institutions as term lenders under the DIP Intercreditor Agreement.
DIP Term Lenders has the meaning set forth in the recitals.

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.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a 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 each Lender that has a Tranche A Term Commitment or that holds a Tranche A 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.

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

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