Second Interim DIP Order definition

Second Interim DIP Order means the interim order entered by the Bankruptcy Court after the date of entry of the First Interim DIP Order 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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Second 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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Second Interim DIP Order means the second interim debtor-in-possession financing order (in form and substance satisfactory to the Lender in its sole discretion) pursuant to sections 105, 361, 362, 363, 364 and 507(a) of the Bankruptcy Code, inter alia: (a) approving post-petition financing pursuant to this Agreement (as amended by the First Amendment) and the making of Loans in an aggregate amount not to exceed the applicable Interim DIP Order Amount; (b) authorizing use of cash collateral; (c) granting Liens and providing superpriority administrative expense status; (d) modifying the automatic stay; and (e) scheduling a final hearing with respect to the DIP Facility.
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Examples of Second Interim DIP Order in a sentence

  • Capitalized terms used but not defined in this paragraph shall have the meanings ascribed to them in the Second Interim DIP Order or the Final DIP Order, as applicable.

  • For detail regarding other claims that may be held by the Prepetition Secured Parties, please refer to the Second Interim DIP Order and the final DIP order [Docket No. 222] (the “Final DIP Order”).

  • 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.

  • The Second Interim DIP Order, among other things, increased the Initial DIP Loan amount to $4.75 million and established an objection deadline for the Final Hearing of February 28, 2020.

  • The August 27, 2016 Challenge Deadline was initially set in the Second Interim DIP Order, which was entered on June 29, 2016, and the Challenge Deadline was fixed under the terms of the Final DIP Order, which was entered on July 27, 2016.

  • The Second Interim DIP Order set August 27, 2016 as the new challenge deadline (hereinafter, the “Challenge Deadline”).

  • 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.

  • Pursuant to the terms of the 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.

  • 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”).

  • Among other things, the Second Interim DIP Order shall have approved this Amendment.


More Definitions of Second Interim DIP Order

Second Interim DIP Order means the second interim order entered by the Bankruptcy Court on June 24, 2015.
Sample 1
Second 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 (I) Authorizing The Debtor To Obtain Postpetition Financing, (II) Granting Liens And Providing Super-Priority Administrative Expense Status, (III) Authorizing The Use Of Cash Collateral, (IV) Granting Adequate Protection,
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Related to Second 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.

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

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Resettlement Action Plan or “RAP”, means a plan approved by the Association, to be prepared in accordance with the provisions of the RPF, setting forth principles and procedures governing land acquisition or other associated Project impacts, resettlement and compensation of Affected Persons, as well as reporting and monitoring arrangements to ensure compliance with the said plan, as the same may be amended from time to time with the agreement of the Association, and “Resettlement Action Plans” or “RAPs” shall mean such Resettlement Action Plans, collectively.

  • DIP Orders means, collectively, the Interim DIP Order and the Final DIP Order.

  • Non-Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are inconsistent with the provisions of this Agreement, including any plan of reorganization that purports to re-order (whether by subordination, invalidation, or otherwise) or otherwise disregard, in whole or part, the provisions of Article II (including the Lien priorities of Section 2.1), the provisions of Article IV, or the provisions of Article VI, unless such Plan of Reorganization has been accepted by the voluntary required vote of each class of ABL Claimholders and Note Claimholders.

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

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

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as of September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

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

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • 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).

  • 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.

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

  • 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.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, UCC financing statements or other perfection documents, intercreditor agreements, subordination agreements, fee letters, and other security documents.