Term DIP Agent definition

Term DIP Agent means Wilmington Savings Fund Society, FSB, in its capacities as administrative and collateral agent under the Term Loan DIP Credit Agreement, its successors, assigns, or any replacement agent appointed pursuant to the terms of the Term Loan DIP Credit Agreement.
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Term DIP Agent means Wilmington Trust, N.A. in its capacity as administrative agent and collateral agent under the Term DIP Facility.
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Term DIP Agent means "Administrative Agent" and "Collateral Agent" under the Term DIP Credit Agreement and their successors in such capacity.
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Examples of Term DIP Agent in a sentence

  • In addition, the Debtors shall authorize their independent certified public accountants, financial advisors, investment bankers, and consultants to cooperate, consult with, and provide to the Term DIP Agent (and, so long as a Termination Event has occurred and is continuing, each of the Term DIP Lenders) all such information as may be reasonably requested with respect to the business, results of operations, and financial condition of any of the Debtors.

  • The Debtors will promptly provide notice to the Term DIP Agent, for prompt distribution to the Term DIP Lenders, of any Material Adverse Effect (as defined in the Term DIP Loan Agreement).

  • As further adequate protection for each of the Pre-Petition Secured Parties, the Debtors shall provide each Pre-Petition Agent with access to the Debtors’ books and records and such financial reports as are provided to the Term DIP Agent pursuant to Section 7.1 of the Term DIP Loan Agreement.

  • In addition, the Debtors’ accountants, financial advisors and consultants are hereby authorized to cooperate, consult with, and provide to the Term DIP Agent, for the benefit of the Term DIP Lenders, all such information as may be reasonably requested with respect to the businesses, results of operations, and financial condition of the Debtors.

  • In all such litigation or the preparation therefor, subject to paragraph 32, the Term DIP Agent and the Term DIP Lenders shall be entitled to select their own counsel and, in addition to the foregoing indemnity, the Debtors agree to promptly pay the reasonable fees and expenses of such counsel.

  • Further, the Debtors will provide to the Term DIP Agent, for the benefit of the Term DIP Lenders, such other reports and information as may be reasonably requested by the Term DIP Agent.

  • The Term DIP Facility was negotiated in good faith and at arms’ length among the Debtors, the Term DIP Agent and the Term DIP Lenders.

  • Absent further order of this Court, the Debtors shall not create or permit to exist any post-petition liens or encumbrances on any of their assets or property except any post-petition liens allowed pursuant to the Term DIP Loan Documents, post-petition liens created in connection with the ABL DIP Facility and as otherwise agreed to by Term DIP Agent (acting at the direction of the Required Term DIP Lenders) in writing.

  • The Term DIP Agent, the Term DIP Lenders and the Pre- Petition Secured Parties shall not be required to file proofs of claim in any of the Cases for any claim allowed herein.

  • Subject to entry of the Final Order, the Avoidance Proceeds will beshared among DIP Agents (for the benefit of their respective DIP Credit Parties), with 40.3% to be remitted to ABL DIP Agent and 59.7% to be remitted to Term DIP Agent.


More Definitions of Term DIP Agent

Term DIP Agent means Cortland Products Corp., in its capacity as administrative agent and collateral agent pursuant to the Term DIP Facility.
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Term DIP Agent means Goldman Sachs Specialty Lending Group, L.P., solely in its capacity as administrative agent and collateral agent under the Term DIP Facility, or its successors, permitted assigns, or any replacement agent appointed pursuant to the terms of the Term DIP Facility Agreement.
Sample 1

Related to Term DIP Agent

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

  • Term Loan Administrative Agent means the administrative agent under the Term Loan Agreement

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.