New Money DIP Loans definition

New Money DIP Loans means the Lender DIP Loans and the Sponsor DIP Loans.
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New Money DIP Loans means up to $100 million in new money financing provided by the DIP Lenders pursuant to the DIP Loan Documents. For the avoidance of doubt, such loans shall not include any obligations arising under the Term Loan Credit Agreement that were refinanced on or after the Petition Dare pursuant to the DIP Loan Documents.
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New Money DIP Loans means up to $50,000,000 in new money delayed draw term loans provided by the DIP Term Lenders pursuant to the DIP Term Agreement and DIP Order.
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Examples of New Money DIP Loans in a sentence

  • Xxxxx Title: Managing Director Claim Type Principal Amount* RBL Claims $22,075,155.31 Refinanced DIP Claims $20,890,634.15 New Money DIP Loans $8,356,253.66 *Calculated after giving effect to entry into the DIP Facility and consummation of the final availability and $250 million of Refinanced Loans (as defined in the DIP Credit Agreement).

  • Xxxxx Facsimile: 000-000-0000 [Signature Page to Restructuring Support Agreement] BBVA USA fka Compass Bank By: /s/ Xxxxxx Xxxxxxxxxx Name: Xxxxxx Xxxxxxxxxx Title: Sr. Vice President Claim Type Principal Amount* RBL Claims $42,965,789.47 Refinanced DIP Claims $[●] New Money DIP Loans $[●] *Calculated after giving effect to entry into the DIP Facility and consummation of the final availability and $250 million of Refinanced Loans (as defined in the DIP Credit Agreement).

  • It is understood and agreed that the aggregate commitments under this Backstop Commitment Letter in respect of New Money DIP Loans (and the automatic conversion thereof to Exit Term Loans on the Conversion Date) are $150 million in total, subject to the Initial Allocation, as set forth in Section 2 hereof and each Backstop Commitment Party hereby agrees and commits to such automatic conversion of the New Money DIP Loans to Exit Term Loans on the Conversion Date.

  • Xxxxxx Title: Attorney-in-Fact Claim Type Principal Amount* RBL Claims $22,075,155.32 Refinanced DIP Claims $20,890,634.15 New Money DIP Loans $8,356,253.66 *Calculated after giving effect to entry into the DIP Facility and consummation of the final availability and $250 million of Refinanced Loans (as defined in the DIP Credit Agreement).

  • As further described herein and in the Restructuring Support Agreement, including the Backstop Commitment Letter, the Restructuring Transactions shall be funded through: (i) the consensual use of cash collateral under the Cash Collateral Order and the DIP Financing Order; (ii) a DIP Term Facility including $150 million in New Money DIP Loans and $161.8 million in Roll-Up DIP Loans; (iii) as applicable, a DIP ABL Facility; and (iv) the Exit Facilities.


More Definitions of New Money DIP Loans

New Money DIP Loans means, means, collectively, the DIP Loans that are not Roll-Up DIP Loans.
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New Money DIP Loans means the $50,000,000 of new money term loans extended to the Debtors pursuant to the DIP Credit Agreement and the DIP Orders.
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New Money DIP Loans means the new money term loans extended to the Debtors pursuant to the DIP Term Sheet, the DIP Orders, and the other DIP Documents, in an aggregate original principal amount up to $2,500,000.
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New Money DIP Loans means the $35,000,000 in new money delayed draw term loans extended to the Debtors pursuant to the DIP Term Loan Credit Agreement and DIP Order.
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New Money DIP Loans means the new money loans in the principal amount of $40 million provided by the DIP Lenders under the New Money DIP Loan Facility.
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New Money DIP Loans means the new money term loans provided by the DIP Lenders under the DIP Credit Agreement.
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New Money DIP Loans means “New Money Loans”, as such term is defined in the DIP Credit Agreement. The amount of each Lender’s New Money DIP Loans as of the Closing Date is as set forth in Scheduled 1.01A.
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