DIP Facility Motion definition

DIP Facility Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Debtors, the Requisite Consenting Existing Lenders, and the Requisite Backstop Parties.
DIP Facility Motion means the motion and the related proposed forms of interim and final orders to be filed by the Company with the Bankruptcy Court seeking approval, on an interim and final basis, of the DIP Facility and, inter alia, the use of cash collateral (including such terms and conditions relating to adequate protection in connection therewith), which shall be consistent in all material respects with this Agreement and the agreements between the lenders thereto and the Company regarding the terms of the DIP Facility and DIP Credit Agreement, and which shall otherwise be acceptable in form and substance to the Company and the Requisite Lenders.
DIP Facility Motion means the motion and the proposed form of interim and final orders, to be filed by the Company with the Bankruptcy Court, seeking approval of the DIP Facility, each of which shall be in form and substance satisfactory to the Requisite Supporting Noteholders;

Examples of DIP Facility Motion in a sentence

  • On August 6, 2019, prior to the entry of the Final DIP Order, the Committee (as defined below) filed an objection to the DIP Facility Motion, raising a number of purported issues with the terms of the DIP Facility [Docket No. 125].

  • The DIP Facility Motion sought approval of a $150 million secured debtor in possession term loan facility (the “DIP Facility”).

  • Reference is also made to (x) the New DIP Facility Motion, (y) the New DIP Facility Order, and (z) the Plan Support Agreement, which discuss the Studio City Private Placement Equity Offering, the New DIP Facility, and the treatment of Claims arising under and relating to the New DIP Facility.


More Definitions of DIP Facility Motion

DIP Facility Motion means the motion seeking approval of the DIP Fi- nancing.
DIP Facility Motion is hereby replaced in full with the following:
DIP Facility Motion or “DIP Motion” means the motion and the proposed form of interim and final orders, to be filed by the Company with the Bankruptcy Court, seeking approval of the DIP Facility, each of which shall be in form and substance satisfactory to the Requisite Supporting Noteholders;”
DIP Facility Motion means the motion seeking approval of the DIP Financing.

Related to DIP Facility Motion

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • DIP Motion means the motion filed by the Debtors seeking entry of the DIP Orders.

  • DIP means debtor-in-possession.

  • DIP Facility Documents means any notes, certificates, agreements, security agreements, documents, or instruments (including any amendments, restatements, supplements, or modifications of any of the foregoing) related to or executed in connection with the DIP Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • DIP Financing Order means the Final Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1) and 364(e), (B) to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (C) to Purchase Certain Assets Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Pre-Petition Secured Parties Pursuant To 11 U.S.C. §§ 361, 362, 363 and 364, entered March 1, 2009 (Docket No.1002).

  • Sale Motion means the motion or motions of Sellers filed with the Bankruptcy Court seeking approval and entry of the Sale Order.

  • Existing Lien shall have the meaning assigned to such term in Section 6.02(c).

  • DIP Financing Liens has the meaning assigned to such term in Section 2.05(b).

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.