New DIP Order definition

New DIP Order means (i) that certain Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364 (d)(1) and 364(e) and (B) to Continue to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Certain Pre-Petition Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363 and 364 [Docket No. 2926], attached as Exhibit J-1 to the ABL Credit Agreement as modified by (ii) that certain Order Amending Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364 (d)(1) and 364(e) and (B) to Continue to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Certain Pre-Petition Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363 and 364 [Docket No. 3279], attached as Exhibit J-2 to the ABL Credit Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

New DIP Order means [ ].that certain Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364 (d)(1) and 364(e) and (B) to Continue to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Certain Pre-Petition Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363 and 364 [Docket No. 2926], attached as Exhibit J to the ABL Credit Agreement.]4

New DIP Order means each of the Final Order, Pursuant to 11 U.S.C. §§ 105, 361, 362, 363, 364, and 507, (A) Authorizing New DIP Obligors To Obtain Postpetition Financing, (B) Granting Liens and Providing Superpriority Administrative Expense Status, (C) Granting Adequate Protection, and (D) Modifying Automatic Stay.

Examples of New DIP Order in a sentence

In the event of any conflict or inconsistency between the provisions of this Agreement and the provisions of the New DIP Order, the provisions of the New DIP Order shall govern.
The DIP Term Loan Obligations shall be secured by the Collateral, and the respective priorities of the Revolving Credit Facility and the DIP Term Loan Facility (and each facility thereof) with respect to the ABL Priority Collateral and the Term Loan Priority Collateral of the Loan Parties shall be set forth in the New DIP Order and in the Intercreditor Agreement.
Identify, study and recommend solutions to areawide problems through the development of comprehensive areawide plans and action programs.
All of the Liens described in this Section 2.24 shall be effective and perfected upon effectiveness of the New DIP Order.
The proceeds of the Loans and the Letters of Credit shall be available (and the Borrower agrees that it shall use such proceeds) solely for general corporate purposes of the Borrower and its Subsidiaries (including, at the Borrower’s option, (x) to the extent permitted by the New DIP Order, to fund adequate protection payments in respect of the Existing Second Lien Debt, if any, and (y) to fund settlement payments in respect of the UK Pension Scheme permitted by Schedule 5.02(q).
The Lenders party hereto hereby consent to the entry by the Bankruptcy Court of the New DIP Order.

More Definitions of New DIP Order

New DIP Order means (i) that certain Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364

New DIP Order means a final order entered by the Bankruptcy Court, satisfactory in form and substance to the Required Lenders and the Borrower, among other things, (a) authorizing extensions of credit in respect of the Facilities and the DIP Term Loan Facility, (b) approving the transactions contemplated by this Agreement and the other Loan Documents, (c) granting the Superpriority Claims described in Section 2.24, (d) approving the payment by the Borrower of all of the fees and expenses that are required to be paid in connection with the Facilities and (e) covering other customary matters, substantially in the form of Exhibit C to the Amendment Agreement with such changes as are reasonably agreed by the Agent (so long as no such changes are adverse to the Required Lenders).

New DIP Order means [ ].