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 shall have the meaning set forth in the Introductory Statement.
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Existing DIP Lenders means the lenders party to the Existing DIP Credit Agreement.
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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.

  • In no event shall the DIP Agents, the DIP Lenders, the Existing DIP Agent, the Existing DIP Lenders, the Pre-Petition First Lien Agent, the Pre-Petition First Lien Secured Lenders, the Pre-Petition Second Lien Notes Trustee or the Pre-Petition Second Lien Noteholders be subject to the equitable doctrine of “marshaling” or any similar doctrine with respect to the Collateral.

  • 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 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 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.

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

  • 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.


More Definitions of Existing DIP Lenders

Existing DIP Lenders shall have the meaning given such term -------------------- in the Introductory Statement.
Sample 1
Existing DIP Lenders means the "Lenders" as defined in the Existing DIP Loan Agreement and their respective successors and assigns.
Sample 1

Related to Existing DIP Lenders

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

  • Existing Lenders as defined in the recitals hereto.

  • DIP Lender means a lender under the DIP Facility.

  • Bank Lenders means the banks and financial institutions 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 Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

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

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

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

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

  • 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 has the meaning set forth in the recitals to this Agreement.

  • 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 that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • 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 the Claims arising in respect of the term facility under the Credit Agreement.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

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

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