Examples of DIP Obligations in a sentence
The Debtors shall be jointly and severally liable for the DIP Obligations.
The DIP Loan Parties shall be jointly and severally liable for the DIP Obligations.
The DIP Loan Documents and all DIP Obligations shall represent, constitute and evidence, as the case may be, valid and binding obligations of the Debtors, enforceable against the Debtors, their estates and any successors thereto in accordance with their terms.
The DIP Obligors shall be jointly and severally liable for the DIP Obligations.
Upon payment or satisfaction in full of the DIP New Money Claims and DIP ABL Claims (except the Excluded DIP Obligations) in accordance with the terms of this Plan, on the Effective Date all liens and security interests granted to secure such obligations shall be terminated and of no further force or effect.