DIP Transfer definition
DIP Transfer. ^ means the transfer to the DIP Agent of the consideration specified in that certain Assignment Agreement dated July , 2009 among the DIP Agent, DIP Holdco 3, LLC and GM Components Holdings, LLC to be distributed in accordance with the DIP Loan Documents, in exchange for the DIP Agent's right under the Credit Bid to receive the Company Acquired Assets, Company Sale Securities, GM Acquired Assets, and GM Sales Securities.
DIP Transfer means the transfer or sale of the Transferred Assets as provided in Article 7.8 of this Plan.