First Interim DIP Order definition

First Interim DIP Order means the “Interim Order (I) Authorizing Debtors to Obtain Postpetition Financing; (II) Granting Liens, Security Interests and Superpriority Status; (III) Authorizing Use of Cash Collateral; (IV) Affording Adequate Protection; (V) Scheduling a Final Hearing; and (VI) Modifying the Automatic Stay,” entered by the Bankruptcy Court on December 24, 2014 [Docket No. 50, and as subsequently extended and amended by Docket Nos. 122 and 175].
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First Interim DIP Order means the interim order entered by the Bankruptcy Court on June 16, 2015, at Docket No. 78.
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First Interim DIP Order means that certain “Interim Order Pursuant to 11 U.S.C. §§ 105, 361, 362, 363, 364, and 507, Bankruptcy Rules 2002, 4001, 6004, and 9014, and Local Rule 4001-2
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Examples of First Interim DIP Order in a sentence

  • Agent’s Liens on the Collateral (created pursuant to the Loan Documents together with the Orders and held for the benefit of the Secured Parties) will be legal, valid, enforceable, perfected, first priority Liens, subject as to priority with respect to the ABL Priority Collateral, the terms of the DIP Intercreditor Agreement and Permitted Prior Liens, upon entry of the First Interim DIP Order, Second Interim DIP Order or Final DIP Order, as applicable, and the Canadian Orders.

  • A Final Hearing (as defined in the First Interim DIP Order) initially was scheduled for February 25, 2020.

  • Pursuant to the terms of the First Interim DIP Order, Second Interim DIP Order and/or Final DIP Order, and the Canadian Orders, no filing or other action will be necessary to perfect or protect such Liens and security interests on the Collateral.

  • On May 1, 2008, the Bankruptcy Court entered a second interim order authorizing the DIP Financing and the terms of the use of the Prepetition Lenders’ cash collateral on an interim basis, and amending certain terms of the First Interim DIP Order.

  • No. 194] (the “Final DIP Order” and together with the First Interim DIP Order, the Second Interim DIP Order and the Third Interim DIP Order, the “Orders”).

  • Except where the context otherwise requires, each reference herein to the “Interim DIP Order” shall be a reference to both the First Interim DIP Order and the Second Interim DIP Order.


More Definitions of First Interim DIP Order

First Interim DIP Order means the interim order entered by the Bankruptcy Court on June 16, 2015, in the form of Exhibit E-1 and otherwise in form and substance satisfactory to the Lenders in their sole discretion, entered upon a motion filed by the Loan Parties that is in form and substance reasonably acceptable to the Lenders in their sole discretion.
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Related to First Interim DIP Order

  • Interim DIP Order means an interim order of the Bankruptcy Court approving the DIP Facilities Motion, which order shall be consistent in all material respects with this Agreement and the DIP Credit Agreements, and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors.

  • Final DIP Order means a final order of the Bankruptcy Court approving the DIP Facilities Motion, which order shall be consistent in all material respects with this Agreement and the DIP Credit Agreements and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Sellers approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Sellers to consummate the transactions contemplated hereby.

  • DIP Order means the Interim Order, unless the Final Order shall have been entered, in which case it means the Final Order.

  • Preliminary Approval Order means the order preliminarily approving the Settlement Agreement, certifying the Settlement Class for settlement purposes, and directing notice thereof to the Settlement Class, which will be agreed upon by the Parties and submitted to the Court in conjunction with Plaintiffs’ motion for preliminary approval of the Agreement.

  • Approval Order means (i) an order in the form attached hereto as Exhibit 2; or (ii) in the event of a timely objection to the motion to approve the Agreement that if sustained would reduce the full Settlement Amount available to pay Asbestos-Released Claims, an order in such form agreed to in writing by the Parties, entered by the Bankruptcy Court that (a) approves this Agreement, (b) authorizes the Parties to undertake the settlement and the sale of the Subject Policies as set forth in this Agreement, and (c) provides for the Injunction.

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • Interim Order means the interim order of the Court, as the same may be amended, in respect of the Arrangement;

  • Final Financing Order means, the order of the Bankruptcy Court entered in the Chapter 11 Cases after a final hearing under Bankruptcy Rule 4001(c)(2) or such other procedures as approved by the Bankruptcy Court, which order shall be in form and substance reasonably satisfactory to the Agent and from which no appeal or motion to reconsider has been filed, together with all extensions, modifications and amendments thereto, in form and substance satisfactory to the Agent and the Required Lenders, which, among other matters but not by way of limitation, authorizes the Loan Parties to obtain credit, incur the Obligations, and grant Liens under this Agreement and the other Loan Documents, as the case may be, and provides for the super-priority of the claims of the Agent and Lenders, subject to the Carve- Out and Permitted Prior Liens.

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

  • Disclosure Statement Order means the order of the Bankruptcy Court approving the Disclosure Statement.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Preliminary Closing Balance Sheet has the meaning set forth in Section 2.2(b) below.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Product Order is the form used by the Parties to effect a Transaction in the form of Exhibit A, Exhibit B or as otherwise agreed by the Parties, specifying the terms of such Transaction, including the following: (1) the Product including a description of the Environmental Attributes in the Product, (2) the quantity to be purchased and sold; (3) the Purchase Price; (4) the Delivery Dates; and, (5) if necessary in accordance with the terms of the Transaction, (a) the Vintages; (b) the Renewable Energy Facility or Facilities from which the Product is to be generated; (c) the Certification Authority; and (d) the Verification Provider.

  • Preliminary Approval Date means the date on which the Court enters the Preliminary Approval Order.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Preliminary Settlement Statement shall have the meaning given such term in Section 3.2.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Financing Order means an order of the commission adopted in accordance with 69-8-503 that authorizes the imposition and collection of fixed transition amounts and the issuance of transition bonds.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).