Common use of DIP Facility Clause in Contracts

DIP Facility. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other DIP Financing Documents, Lender agrees to make the DIP Facility available to Borrowers, in an aggregate amount up to the Commitment, as follows:

Appears in 2 contracts

Sources: Debtor in Possession Credit Agreement (Peregrine Systems Inc), Debt Agreement (BMC Software Inc)

DIP Facility. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other DIP Financing Documents, Lender agrees agrees, to make the extent and in the manner hereinafter set forth, to establish the DIP Facility and to make Revolver Loans available to Borrowers, in an aggregate amount up to the Commitment$10,000,000, as follows:

Appears in 1 contract

Sources: Loan and Security Agreement (Cmi Industries Inc)

DIP Facility. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other DIP Financing Documents, Lender agrees to make the DIP Facility available to Borrowers, in an aggregate amount up to the CommitmentBorrowers on a joint and several basis, as follows:

Appears in 1 contract

Sources: Revolving Credit Agreement (Datatec Systems Inc)