Replacement DIP Credit Agreement definition

Replacement DIP Credit Agreement means that certain Senior Secured Superpriority Debtor-In- Possession Loan Agreement dated April 6, 2021, between the DIP Obligors, the Replacement DIP Agent, and the Replacement DIP Lender (as may be amended, supplemented, or otherwise modified from time to time).
Sample 1Sample 2Sample 3
Replacement DIP Credit Agreement has the meaning given in Section 10.2.
Sample 1Sample 2Sample 3
Replacement DIP Credit Agreement means that certain Amended and Restated Senior Secured Superpriority Debtor-in-Possession Credit Agreement, between SunEdison, Inc., the Replacement DIP Lenders, the Replacement DIP Agent, and the other parties thereto, dated as of May 2, 2017, as has been or may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1Sample 2

Examples of Replacement DIP Credit Agreement in a sentence

  • On the Effective Date, the Replacement DIP Term Loan Claims shall be Allowed in full, in the amount of $640 million (less any amounts paid prior to the Effective Date) plus all accrued and unpaid postpetition interest under the Replacement DIP Credit Agreement (and any unpaid fees, costs, and expenses).

  • To the extent that the Lenders make advances or extend credit under this Order and the Replacement DIP Credit Agreement, the Debtors shall use such loans, solely in a manner that is consistent with the terms of this Order and the Replacement DIP Loan Documents.

  • This Seventh Amendment shall become effective on the date the Administrative Agent shall have received this Seventh Amendment, executed and delivered by a duly authorized officer of each of Holdings, each Borrower and the Required Lenders, but in any case no earlier than contemporaneously with the entry of an order of the Bankruptcy Court approving the Replacement DIP Credit Agreement (and the financing contemplated thereby) by the parties recited above.

  • The Debtors may not sell any Collateral unless the proceeds of the sale of the Collateral are applied in accordance with the terms of the Replacement DIP Credit Agreement.

  • In addition, the Plan Debtors shall pay the reasonable and documented fees and expenses incurred by the Replacement DIP Lender and Replacement DIP Agent and Arranger that are contemplated to be paid by the Plan Debtors pursuant to the Replacement DIP Credit Agreement, if applicable.

  • The proceeds of the Term Loan will be used (along with cash on hand of the Borrowers) to repay all amounts outstanding under the Original DIP Agreement and for general working capital purposes not otherwise restricted by the Replacement DIP Credit Agreement.

  • The Debtors, with the assistance of Jefferies, continued to negotiate the terms of the Replacement DIP Credit Agreement, exchanged several drafts with the Replacement DIP Agent and its advisors, and ultimately secured favorable terms.

  • Upon execution and delivery of the Replacement DIP Credit Agreement and the other Replacement DIP Documents, such agreements and documents shall constitute valid and binding obligations of the Obligors, enforceable against the Obligors, their estates and any successors thereto and their creditors in accordance with their terms.

  • Such Subsidiary is required under the Replacement DIP Credit Agreement to (a) obtain such orders from the Bankruptcy Court in the Case as the Agent may reasonably request to effect such joinder and such guarantee and (b) execute and deliver such other instruments, certificates, supplements to the Schedules and agreements in connection with the Replacement DIP Credit Agreement as the Agent may reasonably request subject to the limitations set forth in Section6.2 of the Replacement DIP Credit Agreement.

  • In exchange for the Replacement DIP Facility, I understand that the Debtors have agreed, subject to Court approval, to provide certain fees and conditions to the Replacement DIP Lenders pursuant to the Replacement DIP Credit Agreement.


More Definitions of Replacement DIP Credit Agreement

Replacement DIP Credit Agreement means the credit agreement consistent with the Replacement DIP Term Sheet pursuant to which Värde may, subject to the terms thereof and this Agreement, provide the Replacement DIP Facility to the Company Parties.
Sample 1

Related to Replacement DIP Credit Agreement

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Existing Credit Agreement as defined in the recitals hereto.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Credit Agreement shall have the meaning set forth in the recitals.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Five-Year Credit Agreement means the Five-Year Credit Agreement, dated as of July 16, 2004, among the Borrower and certain of its affiliates, as borrowers, the lenders named therein, and Bank One NA, as administrative agent, as amended, supplemented or refinanced from time to time.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.