Examples of DIP Term Loans in a sentence
The conversion and “roll-up” of Prepetition Term Loans into DIP Term Loans and Prepetition ABL Loans into DIP ABL Loans will enable the CA Debtors to obtain urgently needed financing that will allow them to free up liquidity to fund the chapter 11 process.
Without any further action by the CA Debtors or any other party, upon entry of the Final Order (a) the Term Roll-up Amount shall be converted into DIP Term Loans, and (b) the then-remaining outstanding balance of the Prepetition ABL Loans (which have not already been rolled up) shall be converted into DIP ABL Loans.
However, international support is drawn from Muslim communities around the world, with primary resources originating in the Middle East.
In accordance with the DIP Budget and the DIP Orders, the proceeds of the Additional DIP Term Loans will be used (i) to pay transaction costs, fees and expenses that are incurred in connection with the DIP Term Facility, (ii) for working capital and general corporate purposes of the Debtors, and (iii) to make payments providing for adequate protection in favor of the Prepetition Secured Parties as set forth in Paragraphs 11 and 12 below.
Begin rescheduling with opposing team(s).All reschedules must be completed with 72 hours (3 days) of the cancelled game.