DIP Termination Date definition

DIP Termination Date means the date on which the commitments under the DIP Credit Agreement have been terminated, the Borrower’s obligations thereunder (other than contingent obligations for which no demand has been made) have been paid in full and any outstanding Letters of Credit have been cash collateralized or backstopped by other letters of credit in accordance with the DIP Credit Agreement, whether pursuant to a Reorganization Plan or otherwise (other than pursuant to a refinancing or replacement, except upon the effectiveness of a Reorganization Plan, of the DIP Credit Agreement).
DIP Termination Date means the date that all Obligations will be due and payable in full (except in the case of clause (v) below, as otherwise expressly provided herein), which such date shall be the earliest of (i) the date that is one hundred and eighty (180) days after the Petition Date, (ii) the Effective Date, (iii) the consummation of any sale of all or substantially all of the equity or assets of the Debtors pursuant to section 363 of the Bankruptcy Code (unless done pursuant to the Bankruptcy Plan), (iv) the date of Payment in Full of the Obligations in accordance with the terms of this Agreement and (v) the acceleration of the Loans and the termination of the Commitments pursuant to an Event of Default.
DIP Termination Date as defined in Section 8.2.

Examples of DIP Termination Date in a sentence

  • The DIP Obligations shall be due and payable, and the use of Cash Collateral shall automatically cease, in each case, without notice or demand on the DIP Termination Date, except as provided in paragraph 26 herein and subject to the requirements of the Carve-Out.

  • Such notice shall state (i) that the Purchaser is requesting that the DIP Termination Date be extended, and (ii) the extended DIP Termination Date, which shall be a Business Day.

  • The Facility shall expire and be terminated, and the Facility Limit, shall be reduced to zero, on the DIP Termination Date if the Exit Conversion Date has not occurred on or before that date or, if the Exit Conversion Date does occur on or prior to the DIP Termination Date, the Exit Termination Date.

  • The DIP Obligations shall be due and payable, and the use of Cash Collateral shall automatically cease, in each case, without notice or demand on the DIP Termination Date, except as provided in paragraph 21 herein and subject to the requirements of the Carve-Out.

  • The CPTC allows members to charge fees to their house account, which will be charged with their next electronic payment of membership dues.


More Definitions of DIP Termination Date

DIP Termination Date means July 31, 2013, as such date may be extended pursuant to Clause
DIP Termination Date means the earliest of (a) June 9, 2021, (b) the date on which the Approved Plan becomes effective, (c) the date of the closing of a sale of all or substantially all of the assets of the Loan Parties under section 363 of the Bankruptcy Code or otherwise and (d) any date upon which the Aggregate Commitment (as defined in the Existing Credit Agreement) is reduced to zero or otherwise terminated pursuant to the terms of Section 2.4 of the Existing Credit Agreement.
DIP Termination Date means the earliest of (a) January 23, 2020; (b) the consummation of a Chapter 11 Plan approved by the Bankruptcy Court, which provides for the indefeasible payment in full of the Obligations; (c) the date the Lender accelerates the Obligations following the occurrence of an Event of Default subject to compliance with the Interim Order and the Final Order, as then applicable; and (d) the date of filing of any Chapter 11 Plan by the Borrower which is not an Acceptable Plan.
DIP Termination Date means the earliest of (i) July 29, 2016, (ii) the consummation of any sale of all or substantially all of the assets of the Loan Parties pursuant to section 363 of the Bankruptcy Code, (iii) if the Final Order has not been entered, the date that is forty-five (45) calendar days after the Petition Date, (iv) the acceleration of the Loans and the termination of the Commitments pursuant to Section7.02 upon the occurrence of an Event of Default and (v) the Effective Date of a Prepackaged Plan.
DIP Termination Date means the earliest of (a) the Initial Maturity Date (as defined herein) or, if extended as described below, the Extended Maturity Date, (b) the date of acceleration of the obligations under the DIP Term Facility and the termination of the unfunded DIP Term Commitments in accordance with the terms of the DIP Term Credit Agreement upon and during the continuance of an event of default, (c) the effective date of any Acceptable Plan of Reorganization (to be defined in a manner satisfactory to the DIP Required Lenders (as defined herein)) (the “Plan Effective Date”) or any other plan of reorganization, (d) the date of consummation of a sale of all or substantially all of the Debtors’ assets under Section 363 of the Bankruptcy Code and (e) the date that is thirty (30) days after the Petition Date (or such later date as may be agreed by the Required DIP Term Lenders), unless the Final Order has been entered by the Bankruptcy Court on or prior to such date (such earliest date, the “DIP Termination Date”).
DIP Termination Date means, unless otherwise agreed to by the Administrative Agent in its sole discretion, the earliest to occur of (i) the Maturity Date, (ii) the Plan Effective Date, (iii) the date of dismissal of the Cases or conversion of the Cases into cases under Chapter 7 of the Bankruptcy Code, (iv) the date of the Administrative Agent’s written notice to the Borrowers of the occurrence of an Event of Default under the Loan Documents, and (v) the date of the consummation of any sale or other disposition of all or substantially all of the Amyris Assets pursuant to section 363 of the Bankruptcy Code.
DIP Termination Date means the earlier of (i) September 30, 2009 and (ii) the effective date of the Plan.