Examples of DIP Arrangers in a sentence
The Southern State mentioned in the Bipartite System is named as the Pasthun State in this system.The Northern region is divided into three parts.
Borrowers and Guarantors shall have complied in full with the notice and other requirements of the Bankruptcy Code in a manner reasonably acceptable to the DIP Arrangers and its counsel, with respect to the Interim Financing Order (as defined below) and the DIP Arrangers shall have received such evidence thereof as it shall reasonably require.
In the event that Mr. Dubel is entitled to the Contingent Restructuring Fee, the Debtors shall provide written notice to counsel to the Tranche B Lenders, the Steering Committee, the DIP Agent, the DIP Arrangers, and the Committee (collectively, the “ Notice Parties”) at least seven (7) days prior to paying Mr. Dubel the Contingent Restructuring Fee.
A cash management order approving the cash management arrangements of Borrowers and Guarantors consistent with the requirements under the DIP ABL Credit Facility shall have been entered, in form and substance satisfactory to the DIP Arrangers, and shall be in full force and effect.
The DIP Arrangers upon three (3) Business Days’ prior written notice may request from the Borrowers an updated 13-Week Budget.
Jerome of Brandon, for the Committee on Commerce and Economic Development, recommends the bill be amended by striking all after the enacting clause and inserting in lieu thereof the following:Sec.
Proposed forms of all first and second day motions and orders, in form and substance satisfactory to the DIP Arrangers, to be filed and all proposed first and second day orders to contain a provision that all such orders, including the cash management order, to be expressly subject to the terms of the Interim Financing Order.
The Debtors also provided other information relating to the consummation of the sale of the Shares to, and answered questions by telephone and email from, advisors to the DIP Agent and the DIP Arrangers, the Tranche B Lenders, and the Committee.3petitions for relief under chapter 11 of the Bankruptcy Code in this Court, with additional Debtors filing voluntary petitions on June 1, July 20, August 9, August 10 and December 16, 2016 (collectively, the “ Chapter 11 Cases”).
Importantly, (i) the DIP ABL Lenders agreed to convert the DIP ABL Facility into a $270 million asset-based revolving exit facility; and (ii) the DIP Arrangers committed to provide a new $1 billion exit term loan facility, in each case subject to certain closing conditions.
The Debtors have also disclosed and discussed the Releases with key constituents, including the advisors to (i) the DIP Agent and the DIP Arrangers, (ii) the Tranche B Lenders, and (iii) the Committee.