Term DIP Credit Agreement definition

Term DIP Credit Agreement means, to the extent applicable, the debtor-in-possession credit agreement (as amended, restated, modified, supplemented, or replaced from time to time in accordance with its terms) to be entered into by the Debtors, the Term DIP Agent, and the Term DIP Lenders.
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Term DIP Credit Agreement means the Senior Secured Superpriority Priming Debtor-in-Possession Credit Agreement (as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time) evidencing the Term DIP Facility in accordance with the terms and conditions of, and subject in all respects to, the Term DIP Facility Term Sheet, by and among Guitar Center, as borrower, each of the other Debtors, as guarantors, the Term DIP Agent and the Term DIP Lenders, as approved by the DIP Order, the terms of which shall be consistent with the terms and subject to the conditions set forth in the Restructuring Support Agreement and otherwise subject to the applicable consent rights set forth in the Restructuring Support Agreement.
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Term DIP Credit Agreement means the Debtor-in-Possession Term Loan Credit Agreement dated or to be dated on or about the date hereof, among Borrowers, the lending institutions party thereto from time to time, the Term DIP Agent and any other parties named therein, as at any time amended, modified, supplemented or restated.
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Examples of Term DIP Credit Agreement in a sentence

  • For the avoidance of doubt, nothing contained in this Final Order, including, without limitation, paragraph 26 hereof, or any of the DIP Documents, including, without limitation, Section 2.12 of the Term DIP Credit Agreement, shall constitute any such agreement or approval by the DIP Lenders.

  • Nothing contained herein shall affect the continuing existence of the Senior Facility Pre-Petition Debt to be designated and administered as Roll Up DIP Loans under the Term DIP Credit Agreement or the obligations of non-debtor affiliates of the Debtors with respect to any guarantees provided by such non-debtor affiliates under the Senior Facility Pre-Petition Loan Documents or with respect to the Senior Facility Pre-Petition Security Interests granted by such non-debtor affiliates.

  • In this Agreement (including the recitals) unless otherwise defined or the context otherwise requires, all capitalized terms shall have the respective meanings specified in the Term DIP Credit Agreement, as amended hereby.

  • The Roll- Up DIP Loans will not be required to be repaid in cash on the MaturityConsummation Date (as defined in the DIP Term Sheet)Term DIP Credit Agreement) of a Reorganization Plan (asdefined in the Term DIP Credit Agreement) that provides for the treatment of the Roll Up DIP Loans as described below, provided that the Debtors shall use reasonable endeavors to procure the samerepay such loans in full in cash upon the occurrence of theConsummation Date.

  • Canadian Intercompany DIP Loan: Toys Canada Wayne Intercompany DIP Loan: Wayne Reporting Information Bankruptcy Rule 4001(c)(l)(B) Delivery of all reports and notices and other documents set forth under the sections entitled “Financial Statements and Other Information,” “Notices of Material Events,” and “Additional Collateral; Additional Guarantors: Additional Covenants” See Term DIP Credit Agreement §§ 6.01, 6.02, and 6.10.

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  • The term “Agreement” when used in the Term DIP Credit Agreement means the Term DIP Credit Agreement and the schedules thereto, as previously amended and as amended by this Agreement and as may be further amended, revised, replaced, supplemented or restated from time to time.

  • The Debtors’ right to use Cash Collateral, and the Adequate Protection Parties’ consent to use of Cash Collateral, shall terminate automatically (i) on the Termination Date (as defined in the ABL DIP Credit Agreement) with respect to the Cash Collateral that is ABL DIP Collateral and (ii) on the Maturity Date (as defined in the Term DIP Credit Agreement) with respect to Cash Collateral that is Term DIP Collateral.

  • For theavoidance of doubt, nothing contained in this Final Order, including, without limitation, paragraph 26 hereof, or any of the DIP Documents, including, without limitation, Section 2.12 of the Term DIP Credit Agreement, shall constitute any such agreement or approval by the DIP Lenders.

  • Amounts deemed borrowed under the Intercompany DIP Facility shall accrue interest, paid in kind on the last Business Day of each calendar quarter, from the date of each deemed borrowing at the rate applicable to “ABR Loans” and following the methods of computation set forth in section 2.15 of the Term DIP Credit Agreement.


More Definitions of Term DIP Credit Agreement

Term DIP Credit Agreement means that certain debtor-in-possession term loan and guarantee agreement, dated April 5, 2017, by and among: (a) certain of the Debtors, (b) the Term DIP Agent, and (c) the Term DIP Lenders (as may be amended, restated, supplemented, or otherwise modified from time to time).
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Term DIP Credit Agreement means the credit agreement evidencing the Term DIP Facility in accordance with the terms and conditions of, and subject in all respects to, the Term DIP Facility Term Sheet and the DIP Order.
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Related to Term 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.

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

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

  • 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.

  • ABL Credit Agreement as defined in the recitals hereto.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

  • 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.

  • 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.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • 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).

  • 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.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

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

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

  • 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 Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • 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.

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