DIP Balance definition

DIP Balance means the sum of (i) the aggregate outstanding amounts owed by the Sellers under the DIP Financing and (ii) the face value of letters of credit issued and outstanding under the DIP Financing (excluding any such letters of credit under which the DIP Lenders have no liability from and after the Closing other than those letters of credit which are assumed or replaced by the Purchasers at Closing in accordance with the terms of this Agreement).
Sample 1

Examples of DIP Balance in a sentence

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $ 27,914 Total Funds on Hand for all Accounts $ 27,914 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • Schedule GRental Income InformationNot applicable to General Business CasesSchedule HRecapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $458 Total Funds on Hand for all Accounts $458 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $358,752 Total Funds on Hand for all Accounts $358,752 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • DIP Balance: The aggregate principal amount of Advances (as defined in the DIP Facility) outstanding under the DIP Facility on the Effective Date.

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $1,454 Total Funds on Hand for all Accounts $1,454 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • The share of such portion of the New MEDIQ Preferred Stock to be distributed to each individual Holder of DIP Facility Claims shall be determined by dividing (i) such Holder's share of the DIP Balance plus such Holder's share of the DIP L.C. Exposure by (ii) the DIP Balance plus the DIP L.C. Exposure.

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $ 126,156 Total Funds on Hand for all Accounts $ 126,156 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $787 Total Funds on Hand for all Accounts $787 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • Schedule GRental Income InformationNot applicable to General Business CasesSchedule HRecapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $4,169 Total Funds on Hand for all Accounts $4,169 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

  • Schedule G Rental Income Information Not applicable to General Business CasesSchedule H Recapitulation of Funds Held at End of MonthBank Wells Fargo Account Type Account No. 412-1887244 Account Purpose DIP Balance, End of Month $ 18,657 Total Funds on Hand for all Accounts $ 18,657 Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report.

Related to DIP Balance

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Available Balance means, in relation to any Account, the aggregate of:

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Scheduled Balance Not applicable.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Class A Non-PO Principal Balance As of any date, an amount equal to the Class A Principal Balance less the Principal Balance of the Class A-PO Certificates.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;

  • Scheduled Balances Not applicable.

  • Original Class A Non-PO Principal Balance The sum of the Original Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-R Certificates, as set forth in Section 11.06.

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the Original Class B-5 Principal Balance less the sum of all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph fifteenth of Section 4.01(a)(ii) and (B) as a result of a Principal Adjustment; provided, however, if the Class B-5 Certificates are the most subordinate Certificates outstanding, the Class B-5 Principal Balance will equal the difference, if any, between the Aggregate Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Aggregate Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.