Examples of DIP Interim Order in a sentence
Notably, any alternative debtor in possession financing available to the Debtors would have required the consent of and continued funding by the RBL Lenders, or, in the alternative, a full refinancing of the Prepetition Secured Indebtedness (as defined in the DIP Interim Order), which would have left the Debtors with a similar financing structure.
Except as set forth in the DIP Collateral Documents, but subject to the entry of the DIP Interim Order (and when applicable, the DIP Final Order), such security interests and Liens are currently perfected security interests and Liens in favor of the Agent, for the benefit of the DIP Noteholders.
Subject to the DIP Interim Order, and when applicable, the DIP Final Order, the Issuers shall repay to each DIP Noteholder an amount equal to the entire remaining outstanding principal amount of such DIP Noteholder’s Notes on the DIP Facility Termination Date.
Except to the extent prohibited by the Bankruptcy Code and not otherwise authorized by the Bankruptcy Court or the DIP Interim Order (and DIP Final Order, when applicable), each Credit Party shall, and shall cause each of its Subsidiaries to, comply with all Requirements of Law of any Governmental Authority having jurisdiction over it or its Business, except where the failure to comply would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
A certified copy of this DIP Interim Order may, in the sole discretion of the DIP Lender, be filed with or recorded in filing or recording offices in addition to or in lieu of such financing statements, mortgages, notices of lien or similar instruments, and all filing offices are hereby authorized to accept such certified copy of this DIP Interim Order for filing and recording.