Examples of DIP Financing Liens in a sentence
ContextA certain number of socio-political, economic or natural events affected the programmes of Central Africa NS and their target beneficiaries during the first half of 2008.
If an Equal Priority Secured Party is also a DIP Lender, it shall be entitled to seek DIP Financing Liens in such capacity to secure such DIP Financing in accordance with the Bankruptcy Code.
All issued and outstanding DIP Letters of Credit shall be cash collateralized at 103% of the face amount thereof and shall be deemed to be secured by Priority DIP Financing Liens (as defined in the Intercreditor Agreement) and the Cash Collateral advanced as DIP LC Loans under the DIP Facility.
The Trustee-Held Funds are not, and shall not be deemed to be, collateral to secure the repayment of the Debtor’s obligations with respect to the DIP Financing, nor shall the Trustee-Held Funds be subject to the DIP Financing Liens granted to the DIP Lender.
The Trustee-Held Funds are not, and shall not be deemed to be, collateral to secure the repayment of the Debtors’ obligations with respect to the DIP Financing, nor shall the Trustee-Held Funds be subject to the DIP Financing Liens.