DIP Obligations definition

DIP Obligations means the DIP Obligations (as defined in the DIP Order).

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DIP Obligations means the “Obligations” as defined in the DIP Credit Agreement.

DIP Obligations means “DIP Obligations” as defined in the DIP Order.

Examples of DIP Obligations in a sentence

• For the avoidance of doubt, none of the DIP Facility Agent, the other DIP Secured Parties, or the Secured Parties will be required to file any request for allowance and/or payment of any administrative expenses, and this Final Order shall be deemed to constitute a timely filed request for allowance and/or payment of any Prepetition Secured Obligations or Adequate Protection Claims constituting administrative expenses or any DIP Obligations, as applicable.

• Upon the Debtors’ incurrence of Alternative DIP Financing, all outstanding DIP Obligations (excluding any DIP Obligations in respect of outstanding Roll-Up DIP Loans in excess of an aggregate principal amount of $400,000,000 of Roll-Up DIP Loans, which excess amount is not required to be repaid in connection therewith) shall be repaid in full from the proceeds of such Alternative DIP Financing or, at the Debtors’ option, the Encumbered Cash plus proceeds of such Alternative DIP Financing.

• The DIP Obligations shall be due and payable, without notice or demand, and the Debtors’ use of the Cash Collateral of the Secured Parties shall automatically cease, on the DIP Termination Date (as defined below) (subject to paragraph 12 hereof).

• The Roll-Up DIP Obligations related to the Final Roll-Up shall be authorized as compensation for, in consideration for, and solely on account of, the agreement of the Secured Noteholders to fund the Second Draw, the Third Draw, and the Fourth Draw, as applicable, under the DIP Facility and not as adequate protection for, or otherwise on account of, any Prepetition Secured Notes Obligations.

• For the avoidance of doubt, nothing in this Final Order impairs the right of the Creditors’ Committee to seek to Challenge and for the Court to grant appropriate relief with respect to (i) any Roll-Up DIP Obligations in excess of the principal amount of $550,000,000 (plus interest, if any) or (ii) the extent of the Prepetition Secured Notes Liens securing the Prepetition Secured Notes Obligations after accounting for the Roll-Up DIP Loans.

More Definitions of DIP Obligations

DIP Obligations means the Replacement DIP Obligations.

DIP Obligations means the aggregate of all amounts owing under the DIP Term Sheet.

DIP Obligations means all present and future obligations, indebtedness and liabilities, and all renewals and extensions of all or any part thereof, of the Debtors to Lender arising from, by virtue of, or pursuant to this Agreement, any DIP Loan Documents, and any and all renewals and extensions thereof or any part thereof, or future amendments thereto, all interest accruing on all or any part thereof and the reasonable attorneys’ fees incurred by Lender for the negotiation and preparation of this Agreement and consummation of the same, execution of waivers, amendments and consents, and in connection with the enforcement or the collection of all or any

DIP Obligations means the obligations of the Debtors and Non-Debtor Guarantors to pay unpaid principal, interest, fees and expenses and all other charges to the DIP Secured Parties provided for under the DIP Credit Agreement and the DIP Order.

DIP Obligations means, as of any date of determination, all Obligations (as defined in the DIP Loan Agreement) outstanding under the DIP Loan Agreement, including any Advances (as defined in the DIP Loan Agreement) outstanding (including, without limitation, the face amount of any outstanding Letter of Credit issued pursuant to the DIP Loan Agreement), the Term Loan (as defined in the DIP Loan Agreement) and accrued interest, fees and other charges payable thereunder.

DIP Obligations means all advances to, and debts, indebtedness, liabilities, obligations, covenants and duties of, any Borrower arising under any DIP Loan Document or otherwise with respect to any Loan, and all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising. “DIP Orders” means the Interim DIP Order and the Final DIP Order, as applicable, based on which such order is then in effect.

DIP Obligations means the “Obligations” as such term is defined in the DIP Credit Agreement.