Examples of DIP Financing Motion in a sentence
FairPoint Communications will request that the Bankruptcy Court enter a final order approving the DIP Financing Motion, pursuant to which the DIP Borrowers are expected to be granted access to the full amount of the DIP Financing, subject to the terms and conditions set forth in the DIP Credit Agreement and the related orders of the Bankruptcy Court.
On October 26, 2009, FairPoint, as debtor-in-possession, filed its DIP Financing Motion.
On March 3, 2021, the Bankruptcy Court also approved the DIP Financing Motion on an interim basis, as more fully discussed in Section 2.02(d) herein.
No. 10-2] to the DIP Financing Motion provides a summary of the original DIP Facility proposal and also adds some supporting detail regarding the prepetition transactions that resulted in the outstanding balance owed to Texas Capital Bank under the Prepetition Loan Documents as of the Petition Date: The Bankruptcy Court held a hearing on the DIP Financing Motion on August 26, 2019.
At the hearing, the Bankruptcy Court did not approve the DIP Financing Motion and directed the parties to negotiate a new limited agreed order.