Existing DIP Facility means the revolving credit facility provided under the Existing DIP Credit Agreement.
Existing DIP Facility means that certain Revolving Credit, Term Loan and Guaranty Agreement (as amended, restated, amended and restated, supplemented, extended or otherwise modified to the date hereof), dated as of December 24, 2002, among the Borrower, the Parent, the direct and indirect subsidiaries of the Borrower and Parent party thereto, the lenders from time to time party thereto, JPMCB and CITI, as co-administrative agents and co-collateral agents, and JPMCB, as paying agent.
Existing DIP Facility means the debtor-in-possession murabaha facility granted to AIHL pursuant to a master murabaha agreement dated 14 December 2012 and made between AIHL and CF ARC LL.
Examples of Existing DIP Facility in a sentence
The terms of the Existing DIP Facility shall otherwise continue in full force and effect.
Debtors’ Motion for Authorization to Amend the Existing DIP Facility.
If the restoration professional desires to merely achieve industry standard drying times, he can use fewer Phoenix Axial Air Movers than standard equipment stan- dards allow.
Experience: 13 years Experience in Investment & Finance.5. Shareholding in the Company: NIL6.
The Debtors’ headquarters is located at 195 Wood Lane, West Works Building, 3rd Floor, London, W12 7FQ, UK.2 This Declaration also supports the Debtors’ Motion to Shorten Notice with Respect to Debtors’ Motion for Authorization to Further Amend the Existing DIP Facility.
More Definitions of Existing DIP Facility
Existing DIP Facility means that certain Revolving Credit, Term Loan and Guaranty Agreement (as amended, restated, supplemented, extended or otherwise modified to the date hereof), dated as of February 2, 2005, among the X.X. Tower Corporation, Tower Automotive, Inc., the subsidiaries of each of the foregoing party thereto, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.
Existing DIP Facility means that certain Xxxxxxx and Restated Super-Priority Debtor-in-Possession Term Loan Agreement, dated as of April 8, 2022 among Parent, the other Loan Parties party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and certain others party thereto.
Existing DIP Facility shall have the meaning provided in the Recitals.
Existing DIP Facility dated as of January 8, 2010, by and among the Borrower, the subsidiary guarantors party thereto, NexBank SSB, as administrative agent, and the lenders party thereto; and (iii) Debtors wish to obtain a replacement debtor-in-possession facility in an aggregate principal amount of $87,500,000 (the “DIP Facility”) in order to fund payment in full of all the obligations under the Existing DIP Facility, and to finance the working capital and certain permitted administrative expenses of the Debtors during the pendency of the Chapter 11 Cases, including for the period between entry of a confirmation order with respect to the Plan (as defined in Exhibit A), and consummation of the Plan. In that connection, you have requested that the DIP Lender commit to provide the DIP Facility. The DIP Lender is pleased to advise you of its commitment to provide the DIP Facility upon the terms and subject to the conditions set forth or referred to in this commitment letter (the “DIP Commitment Letter”) and in the Summary of Terms and Conditions attached hereto as Exhibit A (the “DIP Term Sheet”). Capitalized terms used and not defined herein have the respective meanings given thereto in the DIP Term Sheet. It is understood that amounts repaid or prepaid in respect of DIP Loans may not be reborrowed. The DIP Lender’s commitment hereunder is subject to (a) the DIP Lender not becoming aware after the date hereof of any information or other matter affecting the Borrower and its subsidiaries or the transactions contemplated hereby that, in the DIP Lender’s judgment, is inconsistent in a material and adverse manner with any such information or other matter disclosed to the DIP Lender prior to the date hereof, (b) the entry of an order (the “Approval Order”) by the Bankruptcy Court, in form and substance satisfactory to the DIP Lender, approving the execution of the Investment Agreement (the “Investment Agreement”) attached hereto as Exhibit B, which Approval Order, shall at all times be in full force and effect and not subject to a stay, reversal or other modification, (c) the entry of a final order (the “Final DIP Order”) by the Bankruptcy Court, in form and substance satisfactory to the DIP Lender, approving the DIP Facility and the terms and conditions thereof, including the DIP Loan Documents (as defined in the DIP Term Sheet), which Final DIP Order shall be, at all times, in full force and effect and not subject to a stay, reversal or other modification; provided, that if the DIP ...
Existing DIP Facility. As set forth below, the DIP Facility will satisfy in full all outstanding obligations under the Existing DIP Facility.
Existing DIP Facility has the meaning set forth in Section 2.11(a) of this Agreement.
Existing DIP Facility means that certain Revolving Credit and Guaranty Agreement, dated as of February 5, 2002, among the Borrower, certain of the direct or indirect Subsidiaries of the Borrower signatory thereto, the financial institutions from time to time party thereto, JPMorgan Chase Bank, as agent and The CIT Group/Commercial Services, Inc., as collateral monitor, as amended.