Examples of DIP Term Loan Lenders in a sentence
The DIP Term Loan Agent shall retain all rights as DIP Term Loan Agent under the DIP Term Loan Documents in connection with the delivery of the distributions to the DIP Term Loan Lenders.
The DIP Term Loan Facility is a $60 million term loan facility, comprised of: (a) $20 million in new-money financing (the “DIP Term Loan New Money Claims”) and (b) $40 million on account of “rolled” Prepetition Term Loan Claims held by the DIP Term Loan Lenders (collectively, the “DIP Term Loan Roll-Up Claims”).
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.
Claims for fees and expenses of professionals retained by the Debtors, professionals retained by the Committee, including claims by members of the Committee for reimbursement of expenses, professionals retained by the DIP Term Loan Lenders, and professionals retained by the DIP ABL Lenders (as defined in the Final DIP Order) in the Chapter 11 Cases; and h.
In addition, to the extent the Debtors propose to make a payment that is materially inconsistent with the schedule of projected critical vendor payments provided to the advisors to the Ad Hoc Noteholder Group and DIP Term Loan Lenders, the Debtors will consult with such parties regarding the proposed payment and provide them (through their advisors), to the extent reasonably practicable, with two (2) days’ advance notice of such payments (or as soon thereafter as reasonably practicable).