Existing DIP Order definition
Examples of Existing DIP Order in a sentence
For the avoidance of doubt, solely with respect to the Pre-Petition First Lien Obligations, the Challenge Period (as defined in the Existing DIP Order) has expired.
First Lien Secured Lenders or the Issuing Banks (as defined in the Existing DIP Order) shall be due pursuant to subparagraph (c).
Additionally, for the avoidance of doubt, the Collateral shall not include any assets or interests in assets that are not, or are subsequently determined not to have been, property of the estate at the time the security interest therein created by the Interim DIP Order, the Existing DIP Order or this Order (as applicable) or the Supplemental DIP Documents attached or purported to attach thereto.
In the event of any inconsistency between the provisions of this Order and the Interim DIP Order, Existing DIP Order or the DIP Documents (as the case may be), the provisions of this Order shall govern; provided, however, that subject to the terms of this Order, the provisions of the Existing DIP Order shall remain in full force and effect.
The authority granted pursuant to Paragraph 22 of the Existing DIP Order shall remain unchanged.
The stipulations and admissions contained in the Existing DIP Order, including, without limitation, Paragraph 3 thereof, shall remain binding as provided for therein.
Pursuant to the terms of the Existing DIP Order, the Debtors were, and remain, authorized to use Cash Collateral subject to the terms of the Existing DIP Documents and the Existing DIP Order.
With respect to any amendments or modifications to any rights or protections granted under the Existing DIP Order to the Pre-Petition Second Lien Noteholders or the Pre-Petition Second Lien Notes Trustee that are effected by this Order, the Pre-Petition Second Lien Notes Trustee and the Pre-Petition Second Lien Noteholders are hereby deemed to have consented.
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.