Examples of DIP Loan Documents in a sentence
All terms not specifically defined in the DIP Loan Documents shall have the meanings ascribed to such terms in Article 8 or 9 of the Uniform Commercial Code, as applicable.
In the event that there are multiple bids at the same price (the “ Tied Price”), to the extent there is a shortfall of available Carbon Emissions Allowances, these shall be allocated to one of the Auction Participants who bid at the Tied Price in accordance with a ra ndom selection according to an algorithm determined by the Exchange prior to the Auction.
The Debtors are hereby authorized and directed to enter into, execute, deliver, and perform all obligations under the DIP Loan Documents.
Further, no consideration is being provided to any party to the DIP Loan Documents other than as described herein.
The Debtors have been unable to obtain financing and other financial accommodations from sources other than the DIP Lenders on terms more favorable than those provided under the DIP Facility and the DIP Loan Documents.