DIP Amendment definition

DIP Amendment means that certain Ratification and Amendment Agreement with Perfumania Holdings, Inc., the other borrowers party thereto, the guarantors party thereto, the Lenders (as defined therein) party thereto and Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent for the Lenders under the Credit Agreement.
DIP Amendment means the amendments to the DIP Credit Agreement and other DIP Facility Documents that are contemplated by the DIP Amendment Motion.
DIP Amendment means that certain amendment to the DIP Agreement authorized by the DIP Amendment Order dated as of July 10, 2020 to, among other things, (a) modifying the amounts extended through the DIP Facility to incorporate the Interim Funding and(b) incorporating the Plan Sponsor as lender thereunder.

Examples of DIP Amendment in a sentence

  • For the avoidance of doubt, the Debtors must receive written consent as to any Material DIP Amendment prior to filing notice thereof with the Court from the applicable DIP Secured Parties.

  • For the avoidance of doubt, and without limiting any of the Plan Sponsor’s obligations under the Plan, the Plan Sponsor shall capitalize through amounts funded under the Third DIP Amendment or otherwise, including Cash on hand at the Debtors, the Debtors and Reorganized Debtors, as applicable, with sufficient funds to satisfy the Allowed Excluded Other Claims.

  • On July 14, 2009, the Debtors filed with the Bankruptcy Court their motion for authorization to execute the Second DIP Amendment and the Bankruptcy Court granted the Debtors’ motion after oral argument on August 11, 2009.

  • The First DIP Amendment modified the DIP Term Loan Facility by, inter alia, altering certain definitions, extending delivery requirements for certain recommendations, and permitting the Debtors to engage in certain business activities.

  • Because the change contained in the Second DIP Amendment had the effect of increasing the interest rate payable to the lenders with respect to the DIP Roll-Up Loans, and a catch-up payment of approximately$5 million was required to be paid to give retroactive effect to the corrected definition, it constituted a “Material Amendment” to the DIP Term Loan Facility, and the Debtors were required to provide parties in interest with notice and an opportunity to object.

  • As of the date of this Agreement, (x) the DIP Credit Agreement has not been amended or modified, and no such amendment or modification is contemplated, in each case, by Buyer or, to the Knowledge of Buyer, the other parties thereto, except as expressly permitted herein (including the DIP Amendment) and (y) the respective commitments have not been withdrawn, rescinded or terminated in any way, in each case, by Buyer or, to the knowledge of Buyer, the other parties thereto.

  • Notice of the amendment was filed with the Bankruptcy Court on May 21, 2018, and an order approving the First DIP Amendment was entered by the Bankruptcy Court on May 31, 2018.

  • Any Material or Adverse DIP Amendment subject to a timely and unresolved objection must be approved by the Court to be effective.

  • In exchange for the substantial benefits obtained by GTAT as a result of the DIP Amendment, GTAT agreed to a tightening of the related milestones related to a plan of reorganization and the payment of certain fees to the DIP Lenders.

  • The additional funding provided under the DIP Amendment accounted for, among other things, additional financing to fund the Chapter 11 Cases and the provision of letters of credit for the benefit of Landlords in connection with entry into certain Lease amendments.


More Definitions of DIP Amendment

DIP Amendment means that certain Debtor in Possession Financing Amendment to Amended and Restated Credit Agreement, dated as of May 6, 2016 (as amended, restated, supplemented, or otherwise modified from time to time), by and between the Debtors, the Credit Facility Agent, and each of the lenders from time to time party hereto.
DIP Amendment has the meaning set forth in Section 3.4(d).
DIP Amendment means that certain amendment to the DIP Agreement authorized by the DIP Amendment Order dated as of July 10, 2020.
DIP Amendment means that certain Ratification and Amendment Agreement, dated as of August 29, 2017, by and among Perfumania Holdings, Inc., the other Debtors and certain non-Debtor Affiliates as borrowers and/or guarantors party thereto, the Lenders (as defined therein) party thereto and Wells Fargo Bank, National Association, as administrative agent and collateral agent for the Lenders under the Credit Agreement, as further amended, modified, supplemented or restated from time to time.
DIP Amendment means Amendment No. 4 to the Loan and Security Agreement among Easy Gardener, certain of its Affiliates and LaSalle Business Credit, LLC, as agent, and the lenders party thereto substantially in the form of Exhibit M attached hereto, which provides for loans to be made to the Sellers during the pendency of the Bankruptcy Cases.

Related to DIP Amendment

  • Tariff Amendment means an amendment made by XXXXX, from time to time, to the tariff applicable to this Licence, on notice to the Licensee.

  • Soil amendment means any substance that is intended to

  • ESG Amendment has the meaning specified in Section 2.18.

  • Order Amendment means Our Authorised Order Amendment or series of Order Amendments, each Order Amendment having precedence over any earlier Order Amendment.

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • L/C Amendment Application means an application form for amendment of an outstanding standby or commercial documentary letter of credit as shall at any time be in use at the Issuing Lender, as the Issuing Lender shall request.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

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

  • Price amendment means the amendment to a registration statement filed under the Securities Act of 1933 or, if an amendment is not filed, the prospectus or prospectus supplement filed under the Securities Act of 1933 that includes a statement of the offering price, underwriting and selling discounts or commissions, amount of proceeds, conversion rates, call prices, and other matters dependent upon the offering price.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • Major Amendment means any change which is not a minor amendment.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Other Loans or Other Commitments being incurred or provided pursuant thereto, in accordance with Section 2.15.

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of September 19, 2016, among the Borrower, the Administrative Agent and the Lenders party thereto.

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of August 12, 2016, between the Borrower, the Administrative Agent and the Lenders Party thereto.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Seventh Amendment means that certain Seventh Amendment to Credit Agreement, dated as of November 9, 2017, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Administrative permit amendment means an air quality operating permit revision that:

  • Permitted Policy Amendment is an amendment, modification, termination or restatement of the Investment Policies, that is either (a) approved in writing by the Administrative Agent (with the consent of the Required Lenders), (b) required by applicable law or Governmental Authority, or (c) not material.

  • Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows: