Examples of DIP Term Loan Credit Agreement in a sentence
Pursuant to the DIP Term Loan Credit Agreement, all distributions pursuant to this Article II.C.3 shall be made to the DIP Term Loan Agent for distributions to the DIP Term Loan Lenders in accordance with the DIP Term Loan Credit Agreement and DIP Term Loan Documents.
All of the Debtors’ contingent or unliquidated obligations under the DIP Term Loan Credit Agreement, including, without limitation, under Sections 2.15, 2.16, 2.17 and 9.05, to the extent any such obligation has not been paid in full in Cash on the Effective Date, shall survive the Effective Date and shall not be released or discharged pursuant to the Plan or Confirmation Order, notwithstanding any provision hereof or thereof to the contrary.
Unless otherwise noted herein, terms defined in the DIP Term Loan Credit Agreement and used herein shall have the meanings given to them in the DIP Term Loan Credit Agreement.
Each Loan Party has all requisite organizational power and authority to perform all its obligations under the DIP Term Loan Credit Agreement and to execute and deliver and perform all its obligations under this Agreement.
Subject to the Final Waiver Approval Order, the Loan Parties shall cause the Domestic Wind-Down Budget to be funded with cash proceeds of sales of real property, equity interests and other non-working capital assets, in addition to sales of inventory, except to the extent used to prepay the obligations under the DIP Term Loan Credit Agreement.