DIP Term Sheet definition

DIP Term Sheet means that certain term sheet providing the terms of the DIP Facility, which is attached to the RSA as Exhibit D and is dated as of January 25, 2021, by and among the Debtors and the DIP Lender, as may be amended, modified, restated, or supplemented from time to time.

DIP Term Sheet means the term sheet setting forth the terms and conditions of the DIP Facility.

DIP Term Sheet has the meaning set forth in the recitals to this Agreement.

Examples of DIP Term Sheet in a sentence

• KSV has been advised that the final version of the DIP Term Sheet will be substantially in the form attached as Appendix “F”.

• Failure of the Borrower or any of the other Loan Parties to pay any amounts when due and owing under the DIP Term Sheet or under the Loan Documents, or to comply with the DIP Term Sheet and the Loan Documents, including for greater certainty, failure to comply with any Affirmative Covenant or Negative Covenant set out therein.

• The Applicants are seeking a charge for the DIP Lender to secure its advances under the DIP Term Sheet.

• The terms of the DIP Facility are detailed in the DIP Term Sheet.

• The DIP Lender shall be entitled to the benefit of and is hereby granted a charge (the "DIP Lender’s Charge") on the Property as security for any and all obligations of the Applicant under or pursuant to the DIP Facility and the DIP Term Sheet, which charge shall not exceed the aggregate amount owed to the DIP Lender under the DIP Facility and the DIP Term Sheet.

More Definitions of DIP Term Sheet

DIP Term Sheet means that certain Summary of Terms and Conditions of Neumann Homes DIP Financing approved by the Bankruptcy Court on November 28, 2007 pursuant to the Emergency DIP Order.

DIP Term Sheet means that certain Super-Priority Secured Debtor-In-Possession Credit Facility and Use of Cash Collateral Term Sheet, dated November 20, 2018, attached as Exhibit A to the Final DIP Order.

DIP Term Sheet means that certain Senior Secured Superpriority Debtor-in- Possession Credit Facility Term Sheet, dated as of July 8, 2020 (as the same may be amended, restated, supplemented, or otherwise modified from time to time), entered into by and among Debtor Sur La Table, Inc., as borrower, Debtor SLT Holdco, Inc., as guarantor, and the DIP Lender.

DIP Term Sheet means that certain DIP Facility Term Sheet, dated as of May 12, 2020, by and among the Debtors and the DIP Lenders, as it may be amended, restated, supplemented, or otherwise modified from time to time.

DIP Term Sheet means the term sheet for the DIP Facility annexed to the Disclosure Statement as Exhibit E.

DIP Term Sheet means the debtor-in-possession financing term sheet setting forth the terms of the DIP Facility attached to the Restructuring Term Sheet as Exhibit 1.

DIP Term Sheet means the Summary of Proposed Terms and Conditions for DIP Financing and use of Cash Collateral attached as Exhibit 1 to the Interim Order.