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Common use of DIP Facility Clause in Contracts

DIP Facility. There shall be an event of default and an acceleration of obligations under the DIP Facility or a payment default under the DIP Facility.

Appears in 3 contracts

Sources: Letter of Credit Facility Agreement (Paperweight Development Corp), Superpriority Senior Debtor in Possession Credit Agreement (Paperweight Development Corp), Letter of Credit Facility Agreement

Related Clauses

  • Term Loan Facility
  • Loan Facility
  • Credit Facility
  • Facility Documents
  • Refinancing Facilities

Parent Clauses

  • Conditions Precedent
  • Conditions to Closing
  • Relief Essential; Best Interest
  • Additional Covenants
  • Amount and Terms of Credit

Sub-Clauses

  • Use of Proceeds
  • Commitment
  • Revolver Loans
  • Conditions Precedent
  • DIP Collateral
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