DIP Facility Agreement definition

DIP Facility Agreement means the credit agreement and related security agreements, mortgages and similar documents governing the DIP Facility by and between the Debtors and the DIP Lender.

DIP Facility Agreement means the Debtor-In-Possession Credit And Guaranty Agreement, expected to be dated as of July 15, 2002, by and among others, Cable Funding, as borrower, and the various lenders, including NTL Delaware, signatory thereto.

DIP Facility Agreement means the Credit Agreement between PSC and PSI as borrowers, the Canadian Subsidiaries and U.S. Subsidiaries as guarantors, certain other Subsidiaries as guarantors, the DIP Agent, and the DIP Co-Arrangers, and the other lender signatories thereto;

Examples of DIP Facility Agreement in a sentence

• To the extent that any provision of the DIP Facility Agreement or DIP Facility Order are of a type that survives repayment of the subject indebtedness, such provisions shall remain in effect notwithstanding satisfaction of the DIP Facility Claims.

• It is highly unlikely that the Debtors would be able to find alternative bank financing if the DIP Facility Agreement were terminated.

• Immediately thereafter, all obligations under the DIP Facility Agreement shall automatically terminate.

• Upon payment in full of the DIP Facility Claims, such lenders and the DIP Agent shall release any and all Liens against and security interests in the Debtors’ (and the Estates’) property, the DIP Facility Agreement shall be deemed terminated (except for customary provisions that by their terms survive such termination) and the Reorganized Debtors’ obligations thereunder shall be canceled.

• Notwithstanding anything to the contrary, the Debtors and Reorganized Debtors will not exercise any right of setoff against any Lender, any agents under the Pre-Petition Credit Agreement or the DIP Facility Agreement, the Account Intermediaries or the DIP Lenders.

More Definitions of DIP Facility Agreement

DIP Facility Agreement means that certain Senior Secured Debtor-in-Possession Loan Agreement, as contemplated by the DIP/Priority Exit Facility Term Sheet attached as Exhibit E to the Disclosure Statement and as approved by the DIP Orders, by and among INAP and certain of its subsidiaries, as Borrowers, the other guarantors, lenders, and issuing banks from time to time party thereto, and the DIP Facility Agent, as amended, modified, or supplemented from time to time in accordance with the its terms, by and among the Debtors, the DIP Facility Lenders, and the DIP Facility Agent.

DIP Facility Agreement means the $500,000,000 Letter of Credit Agreement dated as of November 3, 2009 among CIT Group Inc., certain subsidiaries of CIT Group Inc., Bank of America, N.A., as Administrative Agent and L/C Issuer, the other Lenders party thereto and Banc of America Securities LLC as Sole Lead Arranger and Sole Bookrunner.

DIP Facility Agreement means the Revolving Credit Agreement, among Chart Industries, Inc., as debtor and debtor-in-possession, each of the Subsidiary Debtors, as debtors and debtors-in-possession, JPMorgan Chase Bank, as Administrative Agent, and the Lenders thereunder, governing the DIP Facility.

DIP Facility Agreement means the Revolving Credit Agreement, dated as of February 21, 2003, as the same may be modified from time to time, between the Debtors, M Mini Funding LLC as documentation agent and Fleet National Bank as administrative agent for the Postpetition Lenders.

DIP Facility Agreement means the Debtor-In-Possession Credit And Guaranty Agreement to be entered into by, among others, Cable Funding, as borrower, and the various lenders, including NTL Delaware, signatory thereto.

DIP Facility Agreement means that certain Senior Secured, Super-Priority, Priming Debtor-in-Possession Credit Agreement by and among Pliant, Uniplast Holdings Inc., and Uniplast U.S., Inc., as borrowers, and Pliant Corporation International, Pliant Solutions Corporation, Pliant Film Products of Mexico, Inc., Pliant Packaging of Canada, LLC, Pliant Investment, Inc., Alliant Company LLC, Uniplast Industries Co., and Pliant Corporation of Canada Ltd., as guarantors, and the DIP Facility Agents and the DIP Facility Lenders, (as amended, modified, or supplemented), as approved by the Bankruptcy Court.

DIP Facility Agreement means that certain Senior Secured, Super-Priority Debtor-in-Possession Credit Agreement, by and among the DIP Facility Lenders, the DIP Facility Agent and the Debtors, dated as of June 4, 2009, together with all related documents and instruments delivered pursuant to or in connection therewith, as may be amended from time to time.