Examples of DIP Term Loan Lenders in a sentence
The DIP Term Loan Agent shall retain all rights as DIP Term Loan Agent under the DIP Term Loan Documents in connection with the delivery of the distributions to the DIP Term Loan Lenders.
The DIP Term Loan Facility is a $60 million term loan facility, comprised of: (a) $20 million in new-money financing (the “DIP Term Loan New Money Claims”) and (b) $40 million on account of “rolled” Prepetition Term Loan Claims held by the DIP Term Loan Lenders (collectively, the “DIP Term Loan Roll-Up Claims”).
Pursuant to the DIP Term Loan Credit Agreement, all distributions pursuant to this Article II.C.3 shall be made to the DIP Term Loan Agent for distributions to the DIP Term Loan Lenders in accordance with the DIP Term Loan Credit Agreement and DIP Term Loan Documents.
Claims for fees and expenses of professionals retained by the Debtors, professionals retained by the Committee, including claims by members of the Committee for reimbursement of expenses, professionals retained by the DIP Term Loan Lenders, and professionals retained by the DIP ABL Lenders (as defined in the Final DIP Order) in the Chapter 11 Cases; and h.
The Debtors will seek authorization to enter into (a) a secured postpetition debtor-in- possession asset-based revolving credit facility in the aggregate amount of $125 million (the “DIP ABL Facility”) provided by the DIP ABL Lenders and (b) a secured postpetition debtor-in- possession multi-draw term loan facility in the aggregate amount of $50 million (the “DIP Term Loan Facility,” and together with the DIP ABL Facility, the “DIP Facilities”) provided by the DIP Term Loan Lenders.