Existing DIP Lenders definition

Existing DIP Lenders shall have the meaning provided in the preamble to this Agreement.
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Existing DIP Lenders means the lenders party to the Existing DIP Credit Agreement.
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Existing DIP Lenders shall have the meaning set forth in the Introductory Statement.
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Examples of Existing DIP Lenders in a sentence

  • No amendment, modification, change or supplement to either the Settlement Agreement or the Settlement Order shall have occurred in a manner that is, in the aggregate, materially adverse to the Existing DIP Lenders, taken as a whole.

  • Those protections granted to the Existing DIP Agent and the Existing DIP Lenders pursuant to Paragraph 8 of the Existing DIP Order, shall remain in full force and effect.

  • The Existing DIP Agreement contemplates that, upon the satisfaction (or waiver) of certain conditions precedent to effectiveness, the loans made under the Existing DIP Agreement and the other commitments of the Existing DIP Lenders shall be converted to an exit financing facility for the Borrower contemporaneously with the occurrence of the effective date of the Plan of Reorganization (the “Plan Effective Date”), on the terms and subject to the conditions set forth herein.

  • Except as expressly set forth herein, the execution of this Agreement shall not operate as a waiver of any right, power or remedy of the DIP Administrative Agent, the DIP Collateral Agent or the Existing DIP Lenders, nor constitute a waiver of any provision of any of the DIP Credit Documents.

  • The Existing DIP Agreement contemplates that, upon the satisfaction (or waiver) of certain conditions precedent to effectiveness, the loans made under the Existing DIP Agreement and the other commitments of the Existing DIP Lenders shall be converted to an exit financing facility for the Borrower contemporaneously with the occurrence of the effective date of the Plan of Reorganization (the “Plan Effective Date”), on the terms and subject to the conditions set forth therein.

  • The Borrower shall have no right to obtain --------------------- further credit under the Existing DIP Credit Agreement and all liens in favor of the Existing DIP Lenders shall have been satisfied and released, in each case in a manner reasonably satisfactory to the Bank.

  • The Existing DIP Credit Agreement will mature on April 4, 2004 and the Existing DIP Lenders have informed the Borrower that they will not renew the Existing Letters of Credit as they expire.

  • Existing DIP Lenders have issued certain letters of credit totaling approximately $32,800,000.00 (collectively, the "EXISTING LETTERS OF CREDIT").

  • The Borrowers shall have no Indebtedness or other liabilities other than (1) Indebtedness to the Existing DIP Lenders under the Existing DIP Debt Documents, (2) Indebtedness permitted under the Existing DIP Debt Documents, and (3) Indebtedness permitted under the Term Loan Documents.


More Definitions of Existing DIP Lenders

Existing DIP Lenders shall have the meaning given such term -------------------- in the Introductory Statement.
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Existing DIP Lenders means the "Lenders" as defined in the Existing DIP Loan Agreement and their respective successors and assigns.
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Related to Existing DIP Lenders

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • DIP Lender means a lender under the DIP Facility.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Bridge Credit Agreement means the credit agreement (if any) dated as of the Closing Date among the Parent, Bank of America, as administrative agent, and the lenders party thereto on terms specified in the Commitment Letter and otherwise on terms reasonably satisfactory to the Required Lenders, the proceeds of which are applied to finance a portion of the Sealy Acquisition and the Refinancing and to pay the Transaction Costs.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Term Loan Claims means any Claim arising under or on account of the Term Loans.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.