DIP Term Loan Facility Claims definition

DIP Term Loan Facility Claims means any and all Claims arising from, under, or in connection with the DIP Term Loan Credit Agreement or any other DIP Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges and all other “Obligations” as defined in the DIP Term Loan Credit Agreement.
DIP Term Loan Facility Claims means any and all Claims arising from, under, or in connection with the DIP Term Loan Agreement, which as of the Effective Date shall be deemed Allowed in an amount equal to (i) the principal amount outstanding under the DIP Term Loan Facility on such date, (ii) all interest accrued and unpaid thereon to the date of payment, (iii) all accrued and unpaid fees, expenses, and non-contingent indemnification obligations payable under the DIP Term Loan Agreement and the DIP Orders, and (iv) all other Obligations as defined in the DIP Term Loan Agreement other than Contingent DIP Obligations, which shall otherwise survive the Effective Date and shall be Paid in Full in Cash as soon as reasonably practicable after they become due and payable under the DIP Term Loan Agreement.
DIP Term Loan Facility Claims means any and all Claims against any Debtor related to, arising out of, arising under, or arising in connection with, the DIP Term Loan Facility.

Examples of DIP Term Loan Facility Claims in a sentence

  • Upon the payment or satisfaction of the Allowed DIP Term Loan Facility Claims in accordance with this Article II.B.2, all Liens and security interests granted to secure the Allowed DIP Term Loan Facility Claims shall be automatically terminated and of no further force and effect without any further notice to or action, order, or approval of the Bankruptcy Court or any other Entity.

  • On the Effective Date, Reorganized HoldCo and the Holders Allowed Prepetition Term Loan Claims and Allowed DIP Term Loan Facility Claims may enter into the Stockholders Agreement with respect to the New Equity in substantially the form included in the Plan Supplement.

  • As soon as practicable following compliance with the requirements set forth in Article VI of this Plan, the DIP Term Loan Agent shall arrange to deliver or direct the delivery of such distributions to or on behalf of the Holders of DIP Term Loan Facility Claims in accordance with the terms of the DIP Term Loan Facility, subject to any modifications to such distributions in accordance with the terms of the Plan.

  • The DIP Term Loan Agent shall be deemed to be the holder of all DIP Term Loan Facility Claims for purposes of distributions to be made hereunder, and all distributions on account of such DIP Term Loan Facility Claims shall be made to the DIP Term Loan Agent.

  • The issuance of New Equity under the Management Incentive Plan, if any, will dilute all of the New Equity, including the New Equity issued to Holders or Prepetition Term Loan Claims and DIP Term Loan Facility Claims and pursuant to the GUC Rights.

  • On the Effective Date, the Allowed DIP Term Loan Facility Claims will, in full satisfaction, settlement, discharge and release of, and in exchange for such DIP Term Loan Facility Claims, be indefeasibly paid in full in Cash from the proceeds of the Rights Offering and Backstop Purchase Agreement, and the DIP Term Loan Facility Liens will be deemed discharged, released, and terminated for all purposes without further action of or by any Person or Entity.

  • The issuance of New Equity under the Management Incentive Plan, if any, will dilute all of the New Equity, including the New Equity issued to Holders or Prepetition Term Loan Claims and DIP Term Loan Facility Claims.

  • Upon satisfaction in full of the DIP Term Loan Facility Claims and Payment in Full of the DIP Revolving Facility Claims in accordance with the terms of this Plan, all Liens granted to secure the obligations under the DIP Term Loan Facility shall be terminated and of no further force and effect.

  • One possible way to overcome this problem is to adopt guidelines that serve more as critical reasoning advice rather than making specific suggestions for a single platform or technology, as those of the Association of Internet Researchers [9].

  • The Supporting Noteholder Term Loan Claims against the AWS Debtor shall be deemed Allowed on the Effective Date, in the aggregate principal amount of (a) the DIP Term Loan Facility Claims and(b) approximately $80 million of Term Loan Facility Claims, plus any accrued and unpaid interest thereon payable at the non-default rate through the Effective Date.


More Definitions of DIP Term Loan Facility Claims

DIP Term Loan Facility Claims means all Claims arising under or related to the DIP Term Loan Facility Documents.

Related to DIP Term Loan Facility Claims

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

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

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

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

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Term Loan Advances are each defined in Section 2.1.1(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.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.