DIP Term Lenders definition

DIP Term Lenders means, together, the DIP Term Agent and the lenders party to the DIP Term Agreement.
DIP Term Lenders means the lenders under the DIP Term CreditAgreement.

Examples of DIP Term Lenders in a sentence

  • If a Retained Professional does not provide such estimate, the Reorganized Debtors may estimate the unbilled fees and expenses of such Retained Professional; provided that the Debtors will notify the DIP Term Lenders and PRG of such estimate; provided further that such estimate shall not be considered an admission or limitation with respect to the fees and expenses of such Retained Professional.

  • Professional Fee Reserve Amount‌The Retained Professionals shall estimate their Accrued Professional Compensation prior to and as of the Effective Date and shall deliver such estimate to the Debtors, the DIP Term Lenders, and PRG no later than five Business Days before the anticipated Effective Date; provided that such estimate shall not be considered an admission or limitation with respect to the fees and expenses of such Retained Professional.

  • The DIP Facility Claims of the DIP Term Agent and the DIP Term Lenders shall be deemed to be Allowed in an amount equal to the outstanding DIP Term Obligations (as defined in the CA DIP Order).

  • From and after the Effective Date, the DIP Term Lenders shall be deemed to have waived any claim or recourse on account of such parties’ adequate protection claims or DIP Claims, as applicable, against the Litigation Trust, the Litigation Trust Assets, and any such adequate protection claims or DIP Claims, as applicable, shall be subordinated in all respects to the obligation of the Debtors or the Reorganized Debtors, as applicable, to transfer all of the Litigation Trust Assets to the Litigation Trust.

  • The Bankruptcy Court has entered the Confirmation Order and it has become a Final Order, and such order is in form and substance reasonably acceptable to the Debtors, the DIP Term Lenders and the DIP ABL Agent.

  • The DIP Term Agent and the DIP Term Lenders shall take all actions to effectuate and confirm such termination, release and discharge as reasonably requested by the Debtors or the Reorganized Debtors.

  • Upon entry of this Interim Order and to the fullest extent provided by applicable law, the DIP Term Agent (on behalf of the DIP Term Lenders), the DIP ABL Lender, the Prepetition Term Agent (on behalf of the Prepetition Term Lenders), and the Prepetition ABL Lender, shall be, and shall be deemed to be, without any further action or notice, named as additional insured and loss payee on each insurance policy maintained by the CA Debtors that in any way relates to the DIP Collateral.

  • Dulberg (jdulberg@pszjlaw.com); (iii) counsel to the DIP Term Agent, DIP Term Lenders, andPrepetition Term Secured Parties, (a) Latham & Watkins LLP, (x) 355 South Grand Avenue, Suite 100, Los Angeles, CA 90071, Attn: Jeffrey E.

  • The DIP Term Agent, the DIP Term Lenders, the DIP ABL Lender, and the CA Prepetition Secured Parties will not be required to file proofs of claim in any of the Chapter 11 Cases or Successor Cases for any claim allowed herein.

  • Except as expressly provided for in the DIP Documents, the Debtors shall not sell, transfer, lease, encumber, or otherwise dispose of any portion of the DIP Collateral, other than in the ordinary course of business, without the prior written consent of the DIP Lenders (or Required Revolving Lenders or Requisite DIP Term Lenders, as the applicable DIP Documents may provide).


More Definitions of DIP Term Lenders

DIP Term Lenders means, collectively, the banks, financial institutions, and other lenders party to the DIP Term Agreement, from time to time, each solely in their capacity as such.
DIP Term Lenders means those certain Consenting Secured Noteholders who are lenders under the DIP Term Facility.
DIP Term Lenders. All eligible holders of the 8.25% Second Priority Senior Secured Notes due 2020 (the “Second Priority Notes”) issued by the Borrower under that certain Indenture, dated as of May 2, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Existing Indenture”), among the Xxxxxxxx, the guarantors from time to time party thereto, and Wilmington Trust, National Association, as trustee and notes collateral agent (in such capacities, the “Indenture Trustee”) shall be offered the right to participate in the DIP Term Facility on a ratable basis following the funding of the Subsequent DIP Term Loans (as defined below) pursuant to procedures reasonably satisfactory to the DIP Term Agent, the Backstop Parties and the Borrower (“Syndication Procedures”), which shall include, among other things, a provision that any holders participating in such offer shall become a party to the Creditor Support Agreement (the holders participating in such offer, together with the Backstop Parties, collectively, the “DIP Term Lenders”). Any amounts of the DIP Term Facility not so allocated shall be allocated to the Backstop Parties on a ratable basis based on their respective Backstop Commitments. Requisite Lenders under the DIP Term Facility:
DIP Term Lenders has the meaning set forth in the recitals.
DIP Term Lenders means those certain lending institutions as term lenders under the DIP Intercreditor Agreement.

Related to DIP Term Lenders

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.