DIP Payment definition

DIP Payment means the DIP Priority Payment plus $291,020,079 in cash.
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DIP Payment has the meaning assigned to that term in Section 4(c).
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DIP Payment for fiscal year 2000 to which Mr. ▇▇▇▇▇ ▇▇ entitled, and that currently remains outstanding, under the First Industrial Realty Trust, Inc. Deferred Income Plan, is mutually acknowledged and agreed to be the sum of One Hundred Sixty Three Thousand Five Hundred and Eighty Two Dollars ($163,582.00), which shall be paid by FR, by federal wire transfer, within five (5) business days following the Effective Date.
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Examples of DIP Payment in a sentence

  • Any Reversed DIP Payment that is not reborrowed and any Reversed DIP Payment and any Reversed Cash Collateral Payment that is not reborrowed may be avoided to the extent it allows the Lenders to receive a distribution in excess of their share of such Reversed Cash Collateral Payment or Reversed DIP Payment, pro rata with general unsecured non-priority claims of the applicable Debtor Entity.

  • Buyer shall use all or a portion of the proceeds of the Buyer Financing (and any other funds required) to repay the total amount of principal, accrued interest and other charges on Sellers' debtor in possession financing with the DIP Lenders at Closing (the "DIP Payment").

  • Buyer will have sufficient funds at the Closing to pay (i) the cash components of the Purchase Price, including the Wind-Down Amount (to the extent that the Wind-Down Amount is not reduced to zero (0) by Retained Cash), (ii) the DIP Payment Amount (to the extent that the DIP Payment Amount is not reduced to zero (0) pursuant to Section 2.06), and (iii) any other costs, fees and expenses which may be required to be paid by or on behalf of Buyer under this Agreement and the other Transaction Documents.