DIP Financing Facility definition

DIP Financing Facility means the Debtor-in-Possession Credit Agreement, dated as of April 1, 2002, among the Reorganizing Debtors, the Heber Debtors, the Liquidating Debtors, the DIP Lenders and the DIP Agents, as it has been or may be amended and modified from time to time, and as approved and extended by order of the Court.
DIP Financing Facility means, collectively: (a) the Debtor-in-Possession Credit Agreement, dated as of May 24, 2000, as it may be subsequently amended and modified, among the Debtors, those entities identified therein as "Lenders" and their respective successors and assigns and First Union National Bank (as agent bank); (b) all amendments thereto and extensions thereof; and (c) all security agreements and instruments related to the documents identified in (a) and (b).
DIP Financing Facility means, collectively: (a) the Post-Petition Credit Agreement, dated as of February 12, 2002, as amended and modified, among the Debtors, the Other Kaiser Debtors and those entities identified therein as “Lenders” and their respective successors and assigns and Bank of America, N.A. (as agent);

Examples of DIP Financing Facility in a sentence

  • Holders of Administrative Claims under or evidenced by the DIP Financing Facility will not be required to File or serve any request for payment of such Claims.

  • On May 15, 2002, pursuant to the Final DIP Order (defined below), $240.8 million of the outstanding letters of credit were replaced with letters of credit issued under the DIP Financing Facility (defined below).

  • And the Court approved the DIP Financing Facility after full hearing and notice.

  • The Intercreditor Amendment, among other things, included new definitions and conforming changes corresponding to the DIP Financing Facility and the chapter 11 filings, and modified certain arrangements and formulas established with respect to distribution of the collateral to various lenders and lender groups.

  • It simply involves a credit bid by the Purchaser—as an assignee of secured debt held by the EDC (as to whom no objection is made) and the U.S. Treasury—of amounts due on previous loans under the U.S. Treasury Prepetition Loan and the DIP Financing Facility.No party objected to the use of TARP funds in connection with the DIP Financing Facility, or when GM got the assistance it did before the filing of GM’s chapter 11 case.


More Definitions of DIP Financing Facility

DIP Financing Facility means the postpetition credit facility extended to the Debtor under section 364 of the Bankruptcy Code and any replacement facility therefor.
DIP Financing Facility means, collectively: (a) the Post-Petition Credit Agreement, dated as of November 14, 2000, as subsequently amended, modified or extended, among the Debtors (as borrowers), those entities identified therein as "Lenders" and their respective successors and assigns and Bank of America (individually, as an issuing bank and as administrative agent for the Lenders); and (b) all guaranties, security agreements and instruments related to thereto.
DIP Financing Facility means, collectively: (a) the Secured Superpriority Debtor In Possession Revolving Credit and Guaranty Agreement, dated as of February 11, 2005, among the Debtors identified as “Borrowers” and the Debtors identified as “Guarantors” thereunder, those entities identified therein as “Lenders” thereunder, JPMorgan Chase Bank, National Association, as “Administrative Agent, Documentation Agent and Collateral Agent” thereunder, J.P. Morgan Securities Inc., as “Lead Arranger, Sole Bookrunner and Syndication Agent” thereunder and The CIT Group/Business Credit, Inc., as “Co-Arranger” thereunder; (b) all amendments thereto and extensions thereof; and (c) all security agreements and instruments related to the documents identified in (a) and (b).
DIP Financing Facility means the agreements set forth in the Stipulation for Entry of Order Authorizing Debtor in Possession Financing and Modification of the Automatic Stay.
DIP Financing Facility means the postpetition credit facility extended to the Debtors under section 364 of the Bankruptcy Code.
DIP Financing Facility means the postpetition credit facility extended by Foothill to the Debtor under section 364 of the Bankruptcy Code in accordance with the terms and conditions set forth in the DIP Financing Orders.
DIP Financing Facility means that certain Revolving Credit and Guaranty Agreement, dated as of January 22, 2002, as amended to the date hereof, among the Company and certain of its direct or indirect subsidiaries signatory thereto, JPMorgan Chase Bank, a New York banking corporation, certain other financial institutions from time to time party thereto and JPMorgan Chase Bank, in its capacity as administrative agent.