DIP Expiration Date definition

DIP Expiration Date means the earliest of (i) the date on which the Bankruptcy Court enters an order (the “Confirmation Order”) confirming the Borrower’s Reorganization Plan; (ii) the occurrence of an Event of Default, or (iii) the Stated Maturity Date.
DIP Expiration Date means the earliest of (i) the Effective Date, (ii) the date of termination of the Commitments of all Lenders pursuant to Section 8.1, and (iii) the Stated Maturity Date.

Examples of DIP Expiration Date in a sentence

  • WHEREAS, the Borrower has requested that the Lenders provide a senior secured, super-priority debtor-in-possession credit facility to the Borrower in an aggregate principal amount of $56,824,935 to fund the premium payments of the Borrower’s life insurance portfolio until the occurrence of the DIP Expiration Date (as defined herein) and to be used in accordance with Section 3.7 herein.

  • Keeping the withheld funds in any type of legally allowable trust will satisfy the statutory requirements.

  • Subject to the provisions of Section 2.8, the Commitment Fees shall be payable in full, in cash on the DIP Expiration Date.

Related to DIP Expiration Date

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the Dutch Note and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Option Expiration Date means the last day of the maximum term of an Option.

  • License expiration date means June 30 of even-numbered years.

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Revolving Credit Expiration Date means the earlier to occur of (a) August 12, 2000, as the same may be extended from time to time in the sole and absolute discretion of the Bank or (b) the date on which this Agreement is terminated pursuant to Section 3.03 hereof.

  • Appointment Expiration Time has the meaning set forth in Section 3.7.

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Expiration means an end to the Contract due to the completion in full of the mutual performances of the parties or due to the Contract’s term being completed.

  • Lease Termination Date means the last day of the Lease Term.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Termination Date means the date of the termination of the Executive’s employment with the Company.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).