DIP Term Loan Agreement definition

DIP Term Loan Agreement means the Debtor-in-Possession Credit Agreement, dated as of March 3, 2009, among LBIAF, Lyondell Chemical, Basell USA Inc., Equistar Chemicals, LP, Houston Refining LP, Millennium Chemicals Inc., Millennium Petrochemicals Inc., UBS AG, Stamford Branch, as administrative agent and collateral agent; and the lenders from time to time party thereto (as amended, modified or supplemented from time to time).

DIP Term Loan Agreement means that certain Senior Secured, Super-Priority Debtor-In- Possession Term Loan and Guarantee Agreement, dated as of December 14, 2017, by Charming Charlie Holdings Inc., as Holdings, Charming Charlie LLC, as borrower, the other Debtors, as guarantors, the DIP Term Loan Agent, and the DIP Term Loan Lenders, as the same may be amended, restated, supplemented, or otherwise modified from time to time in accordance with the terms thereof.

DIP Term Loan Agreement means that certain Senior Secured Term Loan Agreement, as amended, supplemented, or modified from time to time, among Hexion LLC, Hexion Inc., Hexion International Holdings B.V. as borrower, the guarantors party thereto, the lenders party thereto, and the DIP Term Loan Agent.

Examples of DIP Term Loan Agreement in a sentence

• In addition, on the Effective Date, the 3% exit fee under the DIP Term Loan Agreement shall be paid to the DIP Roll Up Lenders.

• Subject to the terms and conditions set forth herein each Junior Loan Lender agrees, severally and not jointly, that the outstanding Junior Loans (as defined in the Existing DIP Term Loan Agreement) immediately prior to giving effect to this Agreement in an amount equal to the amount set forth opposite such Junior Loan Lender’s name on Schedule 2.01(b) hereto are hereby exchanged for Junior Loans and deemed borrowed hereunder (the “Junior Loans”).

• In addition, on the Effective Date, the 3% exit fee under the DIP Term Loan Agreement will be paid to the DIP Roll Up Lenders.

• If the winning bid for any portion of assets or businesses that are part of a Specified Sale include a credit bid of New Money Loans (as defined in the Existing DIP Term Loan Agreement), the amount of such credit bid shall be deemed to be Net Cash Proceeds for purposes of this Section 2.08(b)(ii).

• Notwithstanding the foregoing, the limitations set forth in this Section 6.19 shall not be any more restrictive than permitted pursuant to Section 6.19 of the DIP Term Loan Agreement.

More Definitions of DIP Term Loan Agreement

DIP Term Loan Agreement means that certain Senior Secured Superpriority Debtor-In-Possession Term Loan Agreement as amended pursuant to Amendment No. 1 and Amendment No. 2 thereto and as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof, dated as of June 14, 2015, by and among Colt Defense LLC, Colt’s Manufacturing Company LLC, New Colt Holding Corp., Colt Finance Corp., and Colt Canada Corporation, as borrowers, CDH II Holdco Inc. and the subsidiaries of Colt Defense LLC, as guarantors, Wilmington Savings Fund Society, FSB, as agent, and the lenders named therein.

DIP Term Loan Agreement means that certain Debtor-in-Possession Loan Agreement, dated as of the Effective Date (as amended, supplemented or otherwise modified in accordance with the terms hereof and the Intercreditor Agreement), by and among the Borrower, the US Subsidiaries of the Borrower party thereto, the lenders party thereto from time to time and Wilmington Trust, National Association, as administrative agent.

DIP Term Loan Agreement means the Superpriority Senior Debtor-in-Possession Term Loan Agreement, dated as of January 26, 2016 (as amended, restated, amended and restated, supplemented or otherwise modified on or prior to the date of this Agreement), by and among NewPage Investment Company LLC, NewPage Corporation, certain subsidiaries of NewPage Corporation, the lenders party thereto from time to time and Barclays Bank PLC, as administrative agent, collateral agent, lead arranger and bookrunner.

DIP Term Loan Agreement means that certain Super-Priority Secured Debtor-in-Possession Credit Agreement, dated as of June 3, 2020, by and among the Debtors, the DIP Term Loan Agent, and the DIP Term Loan Lenders, as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof prior to the Effective Date.

DIP Term Loan Agreement means that certain Debtor-In-Possession Term Loan Agreement, dated as of October 18, 2023, among [the Issuer][Rite Aid Corporation], the lenders from time to time party thereto and Bank of America, N.A., as administrative agent and collateral agent thereunder, as amended, amended and restated, restated, supplemented or otherwise modified from time to time.

DIP Term Loan Agreement means that certain Senior Secured Superpriority Priming Debtor-In-Possession Credit Agreement, dated as of March 11, 2009, among Parent, each Subsidiary signatory thereto as a guarantor, the DIP Term Loan Agent, and the DIP Term Loan Lenders.

DIP Term Loan Agreement means that certain debtor in possession credit agreement to be executed on or prior to the Petition Date by and among the Debtors, the DIP Term Loan Agent, the DIP Term Loan Lenders named therein, and the other parties thereto, as the same may be subsequently modified, amended, or supplemented, together with all instruments and agreements related thereto on commercially reasonable terms for similar transactions and substantially consistent with the term sheet attached to the Disclosure Statement as Exhibit E.