Initial DIP Budget definition

Initial DIP Budget means the DIP Budget delivered on or prior to the Closing Date in form and substance acceptable to the Required Lenders.
Sample 1Sample 2Sample 3
Initial DIP Budget means the DIP Budget delivered on or prior to the Petition Date. “Initial Loans” shall mean, individually or collectively, as the context may require, Tranche B-1Initial Loans and the Tranche B-2 Initial Loans.
Sample 1Sample 2Sample 3
Initial DIP Budget means the DIP Budget delivered on or prior to the Interim Facility Effective Date, attached hereto as Exhibit J.
Sample 1Sample 2Sample 3

Examples of Initial DIP Budget in a sentence

  • The Initial DIP Budget, which was delivered to the Administrative Agent and the Lenders on or prior to the Closing Date, and each subsequent DIP Budget was prepared in good faith based upon assumptions Borrower believed to be reasonable assumptions on the date of delivery of such DIP Budget.

  • At least two days prior to the Closing Date, the Administrative Agent shall have received (i) the Initial DIP Budget, in form, scope and substance satisfactory to the Administrative Agent in its sole discretion and (ii) such other additional information (financial or otherwise) as may be reasonably requested by the Administrative Agent or the Requisite Lenders.

  • The Debtors believe that the Initial DIP Budget is reasonable under the facts and circumstances known to them, taken as a whole, as of the Petition Date.

  • The Initial DIP Budget may be modified, amended, and updated from time to time in accordance with the DIP Term Sheet and once approved in accordance therewith shall supplement and replace the Initial DIP Budget (the Initial DIP Budget and each subsequent approved budget, shall constitute without duplication, an “Approved Budget”).

  • The Initial DIP Budget reflects theDebtors’ anticipated cash receipts, operating disbursements, operating cash flow, non-operating disbursements (including restructuring fees and debt servicing), and net cash flow for such thirteen (13) week period.


More Definitions of Initial DIP Budget

Initial DIP Budget means the DIP Budget delivered prior to the Petition Date.
Sample 1Sample 2
Initial DIP Budget means the DIP Budget delivered prior to the Petition Date. “Initial Loan” as defined in Section 2.1(a).
Sample 1Sample 2
Initial DIP Budget means the DIP Budget delivered to Lender on the Effective Date, which shall be acceptable to Lender in its sole discretion. The Initial DIP Budget is attached hereto as Exhibit B and is acceptable to Lender in its sole discretion.
Sample 1Sample 2
Initial DIP Budget means the budget referenced in Section 4.21 and attached as Exhibit 4.21 to this Agreement.
Sample 1Sample 2
Initial DIP Budget means the initial budget reflecting projected cash flow , operating disbursements, payroll disbursements, non-operating disbursements and cash balances, prepared by the Borrowers and attached hereto as Schedule 6.01(n).
Sample 1Sample 2
Initial DIP Budget means the initial budget to be used in connection with the DIP Facility, which shall be in form and substance acceptable to the Required Consenting Senior Secured Creditors.
Sample 1Sample 2
Initial DIP Budget has the meaning set forth the definition of “DIP Budget”.
Sample 1