DIP Term Sheet definition
Examples of DIP Term Sheet in a sentence
While this DIP Term Sheet is to be used as a basis for continued discussions, it is not intended to create an agreement to negotiate, it is not a commitment to provide financing, nor is it an agreement to deliver such a commitment.
The terms of the DIP Facility shall be consistent with the DIP Term Sheet attached to the RSA as Exhibit C.
The Exit ABL Facility will be secured by perfected first-priority liens and security interests in substantially all assets of Borrowers and Guarantors, including all M&E and real property.2 1 Capitalized terms not otherwise defined herein shall have the meaning ascribed to such term in the DIP Term Sheet to which this is attached as Exhibit A or the Prepetition ABL Credit Agreement (as defined in the DIP Term Sheet).
We appreciate the opportunity to present this DIP Term Sheet, and we look forward to our continued discussions.