DIP Agreement definition

DIP Agreement means, collectively, (a) the DIP Term Loan Agreement, and (b) the DIP Revolving Credit Agreement, as modified or supplemented by the terms of the DIP Financing Order, and as amended, modified or supplemented from time to time thereafter.

DIP Agreement means that certain Senior Secured Debtor-in-Possession Term Loan Credit Agreement, dated as of April 29, 2020, among OneWeb Communications Limited, as borrower, OneWeb, the DIP Agent, and the DIP Lenders [Docket No. 121, Exh. A] as amended as of July 10, 2020 pursuant to the DIP Amendment.

DIP Agreement means an agreement evidencing DIP Loans. “DIP Lender” shall mean BWH Media, LLC, the entity providing

Examples of DIP Agreement in a sentence

• Except to the extent that a holder of a DIP New Money Claim or DIP ABL Claim agrees to less favorable treatment, the Reorganized Debtors shall pay, on the Effective Date, in full and complete satisfaction, settlement and release of such Claim, except for the Excluded DIP Obligations, an amount in Cash equal to the Allowed amount of such DIP New Money Claim or DIP ABL Claim, as applicable, and all commitments under the DIP Agreement shall terminate.

• To the extent any letters of credit issued pursuant to the DIP Agreement are outstanding as of the Effective Date, they will be replaced or backstopped with new letters of credit to be issued pursuant to the Exit Facility.

• All fees required to be paid on the Conversion Date pursuant to the Fee Letter and reasonable and documented out-of-pocket expenses required to be paid on the Conversion Date pursuant to the Existing DIP Agreement, in the case of expenses, to the extent invoiced at least three (3) Business Days prior to the Conversion Date, shall have been paid, or shall be paid substantially concurrently with, the initial Borrowings hereunder.

• To the extent any letters of credit issued pursuant to the DIP Agreement are outstanding as of the Effective Date, they shall be replaced as of the Effective Date with new letters ofcredit to be issued or deemed to have been issued pursuant to the Exit Facility.

• On December 7, 2012, the Bankruptcy Court approved the Debtor’s entry into the DIP Agreement on an interim basis, authorized the Debtors to obtain the Interim Amount and set a final hearing on the DIP Motion for December 18, 2012.

More Definitions of DIP Agreement

DIP Agreement means that certain Amended and Restated Revolving Credit, Term and Guaranty Agreement, dated as of May 9, 2008, among Delphi, the subsidiaries of Delphi named therein, the lenders party thereto and the DIP Agent, as amended through the date hereof.

DIP Agreement means that certain debtor-in-possession credit agreement, by and among NBC, as borrower, HoldCo and AcqCo, as guarantors, and the DIP Agent, the DIP Lenders named therein, and the other parties thereto, as amended, supplemented or otherwise modified from time to time.

DIP Agreement means that certain Senior Secured Debtor-In-Possession Credit Agreement, dated as of December 9, 2020, by and among the Debtors, the DIP Agent, and the DIP Lenders, as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof prior to the Effective Date.

DIP Agreement means the Credit Agreement, as amended and modified by that certain Ratification and Amendment Agreement, dated as of January 16, 2019, by and among the Debtors and the DIP Lenders, as it may be amended, restated, supplemented, or otherwise modified from time to time.

DIP Agreement means the Debtor-In-Possession Credit Agreement, dated as of April 1, 2002, among Company and each of its subsidiaries party thereto, the financial institutions listed therein as lenders, Bank of America, N.A., as Administrative Agent, and Deutsche Bank AG, New York Branch, as Documentation Agent, as amended, supplemented or otherwise modified through the date hereof.

DIP Agreement means the October 9, 2018 Senior Secured Superpriority Debtor in Possession Credit and Security Agreement by and among Eclipse Aerospace, Inc,, Brigadoon Aircraft Maintenance, LLC, as Borrowers and Citiking International US, LLC as Lender, filed as Docket Entry No. 208-1 in the above captioned case.

DIP Agreement means that certain Debtor-In-Possession Credit and Security Agreement dated as of October 7, 2009 by and between Debtor In Possession and Quest, in its capacity as lender thereunder.