DIP Facility Claim definition

DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.
DIP Facility Claim means any Claim arising under or related to the DIP Facility.
DIP Facility Claim means any and all Claims held by any of the DIP Lenders or the DIP Agent arising under, derived from, or based upon the DIP Credit Agreement, any other agreement, instrument or document executed at any time in connection therewith, including, without limitation, all Obligations under (and as defined in) the DIP Credit Agreement Documents, or the DIP Order.

Examples of DIP Facility Claim in a sentence

  • On or as soon as reasonably practicable after the Effective Date, in full satisfaction, settlement, release, and discharge of and in exchange for each Allowed DIP Facility Claim, the Reorganized Debtors shall pay Allowed DIP Facility Claims in full in Cash.

  • In full satisfaction of and in exchange for each DIP Facility Claim, each holder of a DIP Facility Claim shall receive its Pro Rata share of the DIP Equity Recovery.

  • Such treatment shall render each DIP Facility Claim satisfied in full on the Effective Date, consistent with the terms of the DIP Facility Loan Agreement and the RSA.

  • On the Plan Effective Date, each Holder of a DIP Facility Claim shall be deemed to hold an Allowed Claim and shall receive its pro rata share of participation in the Exit Facility.

  • Any Secured Claim other than (a) a DIP Facility Claim, (b) an ABL Claim, (c) a Term Loan Facility Claim, or (d) a Secured Tax Claim.


More Definitions of DIP Facility Claim

DIP Facility Claim means any Claim derived from, or based upon, relating to, or arising from, the DIP Facility Credit Agreement.
DIP Facility Claim means any Claim held by the DIP Lenders arising under or related to the DIP Facility.
DIP Facility Claim means any Claim of the DIP Agent and/or the DIP Lenders, as the case may be, arising under or pursuant to the DIP Facility including, without limitation, principal and interest thereon, plus all fees and expenses (including professional fees and expenses) payable by the Debtors thereunder.
DIP Facility Claim means any Claim against a Debtor arising under, derived from, or based on the DIP Documents and the Claims for all Credit Agreement Hedging Obligations.
DIP Facility Claim means any Claim of the DIP Agent or any DIP Lender arising from, under or in connection with the DIP Facility.
DIP Facility Claim means any Claim arising under, derived from, based upon, or as a result of the DIP Facility.