DIP Loan Amount definition

DIP Loan Amount means US$18 million.
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DIP Loan Amount shall have the meaning ascribed to such term in Section 2.1(a) hereof.
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DIP Loan Amount means the aggregate Value of the Borrower’s Investments in DIP Loans up to 5% of Total Net Assets.
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Examples of DIP Loan Amount in a sentence

  • A summary of the salient terms of the DIP Loan are as follows: DIP Loan Amount.

  • Section 8 Amendment Fee In order to induce the Term DIP Agent and the Term DIP Lenders to enter into this Amending Agreement, the Borrower agrees to pay to the Term DIP Agent for and on behalf of the Term DIP Lenders an amendment fee equal to 50 bps of the Term DIP Loan Amount (the “Amendment Fee”).

  • The Debtors are authorized to borrow the Interim DIP Loan Amount from DIP Lender on the basis and in the amounts set forth in the DIP Loan Agreement.

  • The Ninth Amendment contemplates an amendment fee payable to the lenders under the DIP Term Credit Agreement equal to 0.5% of the Term DIP Loan Amount (which amendment fee is approximately US$587,500).

  • The DIP Financing consists of a First Advance in the amount of the Interim DIP Loan Amount, and then Subsequent Advances drawn in accordance with the DIP Loan Agreement and orders of the Bankruptcy Court up to the total amount of the stated Commitment.

  • This fee, however, is required even if the DIP Lender never advances the entire amount of the DIP Loan to the Debtor.A commitment fee equal to 2.0% of the DIP Loan Amount .

  • This Interim DIP Loan Order shall authorize the DIP Loan to be advanced in the Interim DIP Loan Amount.

  • Net Proceeds (“as defined above”) and the forgiveness are not applicable when there is a non-compliance.THEREFORE, IT IS IMPERATIVE THAT THE OWNER DOES NOT ABANDON OR LEASE THE PROPERTY DURING THE AFFORDABILITY PERIOD.

  • RIH Acquisitions must deposit in a reserve account thesum of (x) $300,000 from the Initial Draw of the DIP Loan Amount, and (y) $350,000 from the Tertiary Draw of the DIP Loan Amount to cover Interest during the DIP Loan term.

  • The Debtors are authorized to borrow the Interim DIP Loan Amount and the remaining balance of the Commitment from DIP Lender on the basis and in the amounts set forth in the DIP Loan Agreement.

Related to DIP Loan Amount

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Total Loan Commitment means as to any Lender the aggregate commitments of such Lender with respect to its Revolving Loan Commitment and Term Loan Commitment.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).