Examples of Existing DIP Agreement in a sentence
The Borrower shall have paid, concurrently with the funding of the Term Advances, all principal, interest and fees and any and all other outstanding amounts payable under the Existing DIP Agreement, including, without limitation, fees then due and payable under Sections 2.08(c) and 2.08(e) of the Existing DIP Agreement.
Accordingly, to avoid paying the Extension Fee (which totals approximately $4,625,000), the Debtors are seeking to amend and restate the Existing DIP Agreement.