DIP Loan Claim definition

DIP Loan Claim means the secured claim of Amalgamated Bank for all amounts due and owing from Debtors to Amalgamated Bank under the DIP Loan.

DIP Loan Claim means any Claim arising under or relating to the DIP Credit Agreement and DIP Facility.

DIP Loan Claim means all Claims on account of or relating to Obligations (as defined in the DIP Credit Agreement), including the payment of the advisors to the DIP Lenders, as included therein.

Examples of DIP Loan Claim in a sentence

• The DIP Loan Claim shall be Allowed in an amount equal to the amount of such DIP Loan Claim accrued or incurred as of the Effective Date, without setoff, deduction or counterclaim, subject to the provisions of the Interim DIP Loan Order, Final DIP Loan Order, DIP Facility Documents, and this Plan.

• On the Effective Date, except to the extent that the Holder of the Allowed DIP Loan Claim agrees to a less favorable treatment, the Allowed DIP Loan Claim shall be refinanced and converted into Exit Financing which, in addition to the New Liquidity Facility, shall consist of a $3.25 million post-petition term loan facility pursuant to the terms and conditions of the applicable Exit Financing Documents to be executed between Debtor KPE LP, the DIP Lender, and TCB.

• Specifically, TCB, as assignee of the DIP Loan Claim from BTS Enterprises pursuant to the Final DIP Loan Order and that certain Collateral Assignment of Note, shall retain its second priority DIP Liens (subordinated only to the TCB Secured Claim) and security interest in, to and against the applicable collateral for all amounts relating to its DIP Loan Claim.

• The DIP Loan Claim shall mature and be payable to the DIP Lender in accordance with the terms and conditions of the applicable Exit Financing Documents between Debtor KPE LP and BTS Enterprises.

• Pursuant to the Final DIP Loan Order, the DIP Loan Claim is held by Texas Capital Bank, as assignee of BTS Enterprises, in accordance with the terms of that certain Collateral Assignment of Note.

More Definitions of DIP Loan Claim

DIP Loan Claim means a Claim of the DIP Lender arising under or as a result of the DIP Loan Agreement and/or the Final DIP Order, classified under this Plan as Class 4 Claim.

DIP Loan Claim means a Claim arising under or relating to the DIP Facility, Interim DIP Loan Order or the Final DIP Loan Order, including any and all fees, interest paid in kind, and accrued but unpaid interest and fees arising under the DIP Facility Documents, and all obligations defined thereunder.

DIP Loan Claim means any and all Allowed amounts owed (including interest, reasonable fees, and expenses as permitted under the DIP Loan Facility and applicable law) to the Davidson Trust in its capacity as lender under the DIP Loan Facility and all loan documents executed in connection therewith.

DIP Loan Claim means a Claim of the DIP Lender existing under the DIP Loan.

DIP Loan Claim means any and all Allowed amounts owed to Congress Financial under the DIP Financing Facility, including Claims under all loan documents executed in connection therewith.

DIP Loan Claim means all amounts due and owing to Lenders under the DIP Loan Agreement as of the Effective Date (subject to the return of any unspent amounts as required by Section 7.5 of the Plan), including, without limitation, all accrued and unpaid interest and any fees and other charges provided for in the DIP Loan Agreement.

DIP Loan Claim means all Claims held by the DIP Lender pursuant to the DIP Credit Agreement and the DIP Financing Orders.