DIP Lenders definition

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

DIP Lenders means the lenders party to the DIP Credit Agreement from time to time.

DIP Lenders means the lenders from time to time party to the DIP Credit Agreement.

Examples of DIP Lenders in a sentence

• The Interim DIP Order and the Final DIP Order shall provide that, in connection with any sale of any of the Debtors’ assets under section 363 of the Bankruptcy Code or otherwise, the Required DIP Lenders shall have the right to instruct the DIP Agent to credit bid all or a portion of the amounts outstanding under the DIP Facility (including any accrued interest and fees) in accordance with section 363(k) of the Bankruptcy Code.

• The occurrence of any of the following events, unless waived by the Required DIP Lenders in accordance with the terms of the DIP Documents, shall constitute an event of default (collectively, the “Events of Default”): (a) the failure of the Debtors to comply with any of the Required Milestones (as defined below); or (b) the occurrence of an “Event of Default” under the DIP Credit Agreement.

• Nothing in this Interim DIP Order or in the DIP Documents shall in any way be construed or interpreted to impose or allow the imposition upon the DIP Agent, the DIP Lenders, or any Prepetition Secured Parties of any liability for any claims arising from the prepetition or post-petition activities of any of the Debtors.

• The failure or delay of the DIP Agent or the Required DIP Lenders to exercise rights and remedies under this Interim DIP Order, the DIP Documents, or applicable law, as the case may be, shall not constitute a waiver of their respective rights hereunder, thereunder, or otherwise.

• Any fronting / seasoning fees incurred by the DIP Lenders will be paid out of the proceeds of the DIP Loans.

More Definitions of DIP Lenders

DIP Lenders means the DIP ABL Lenders and the DIP Term Loan Lenders.

DIP Lenders means the lenders under the DIP Credit Agreement.

DIP Lenders means the banks, financial institutions, and other lenders under the DIP Credit Agreement.

DIP Lenders has the meaning assigned to such term in Section 5.01(a).

DIP Lenders means, collectively, the banks, financial institutions, and other lenders party to the DIP Credit Agreement from time to time, each solely in their capacity as such.

DIP Lenders means the lenders providing the DIP Facility under the DIP Facility Documents.

DIP Lenders means the lenders from time to time party to the DIP Facility.