DIP Note definition

DIP Note means the Senior Secured Super-Priority DIP Financing Note, dated as of October 30, 2020, by and between the Debtor and the DIP Lender and approved under the DIP Order, as amended, supplemented or otherwise modified.

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DIP Note means the Debtor-in-Possession Promissory Note, dated as of September 16, 2014, together with all amendments, modifications and supplements thereto.

DIP Note means the Debtor-In-Possession Note, dated as of [ 2015], by and between the Debtor and the DIP Lender and approved by the Bankruptcy Court, as subsequently amended or modified.

Examples of DIP Note in a sentence

• The DIP Obligations shall bear interest at an interest rate of ten percent (10%) per annum, payable quarterly in arrears on a payment-in-kind (PIK) basis, as set forth in the DIP Note.

• The DIP Lender shall be obligated to fund under this DIP Note and the DIP Orders, as applicable, all amounts set forth herein, subject to the Budget.

• The DIP Note, the other DIP Documents, and this Interim DIP Order shall govern the financial and credit accommodations to be provided to the Debtor by the DIP Lender as described herein; provided that in the event of a conflict between the Interim DIP Order and the other DIP Documents, the Interim DIP Order shall control.

• The DIP Lender may file one or more financing statements disclosing the DIP ▇▇▇▇▇▇’s security interest under this DIP Note without the signature of the Debtor appearing thereon.

• The Debtor is hereby authorized to borrow money pursuant to the DIP Note on an interim basis up to $500,000 in new money advances.

More Definitions of DIP Note

DIP Note means that certain debtor in possession promissory note executed by Borrower in favor of the DIP Lender, which note shall be consistent with the terms of this DIP Term Sheet and the DIP Loan Documentation, shall otherwise be in form and substance acceptable to the DIP Lender in its sole and absolute discretion, and shall include provisions to be specified by the DIP Lender and to which the Borrower agrees.

DIP Note means a promissory note of Borrower payable to DIP Lender, in the form of Exhibit C annexed hereto (as such promissory note may be amended, restated, supplemented, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of Borrower to DIP Lender resulting from outstanding DIP Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.

DIP Note means the Note issued to Venture Fund I, Inc. pursuant to the Order Granting Expedited Joint Motion of the Debtors and the Official Committee of Unsecured Creditors for Entry of an Order Approving Post-Petition Debtor-in-Possession Financing dated September 28, 2006.

DIP Note means that certain Promissory Note, dated July 26, 2016 by and between ESML, as maker, and the DIP Lender, as payee, as amended by the DIP Order and as otherwise amended from time to time.

DIP Note means the note issued to the DIP Lender pursuant to the DIP Financing Agreement.

DIP Note means the Senior Secured Superpriority DIP Promissory Note, substantially in the form attached as Exhibit 1 to the DIP Order.

DIP Note means that certain Debtor-in-Possession Revolving Loan Promissory Note, dated May 8, 2018, by and among Relativity Media, LLC, Relativity Holdings LLC and each of its subsidiaries listed as “Guarantors” on the signature page thereto and UltraV.