Existing DIP Credit Agreement definition

Existing DIP Credit Agreement means the debtor-in-possession credit agreement, dated as of January 20, 2012, among the Company, the Subsidiaries of the Company party thereto, the lenders party thereto and Citicorp North America, Inc., as administrative agent and collateral agent, as amended, restated or supplemented and after the date hereof as amended, restated or supplemented in accordance with the terms of this Agreement.

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Existing DIP Credit Agreement has the meaning set forth in the Introductory Statement.

Existing DIP Credit Agreement as defined in the recitals hereto.

Examples of Existing DIP Credit Agreement in a sentence

Unless otherwise specifically defined herein, each term used herein which is defined in the Existing DIP Credit Agreement has the meaning assigned to such term in the Existing DIP Credit Agreement.
This Agreement shall not constitute a novation or repayment of the obligations and liabilities existing under the Existing DIP Credit Agreement or evidence payment of all or any of such obligations and liabilities.
For the avoidance of doubt, prior to the Conversion Date this Agreement may be amended by the Required Lead Lenders (as defined in the Existing DIP Credit Agreement).
On the Effective Date, the Existing DIP Credit Agreement will be amended and restated to read in its entirety as set forth in this Agreement.
Concurrent with the transactions described in the preceding paragraph, the Borrower has requested that the Lenders enter into this Agreement in order to amend and restate the Existing DIP Credit Agreement and renew and continue the Indebtedness and unused commitments thereunder, in an aggregate amount not to exceed $200,000,000, subject to the terms and conditions herein.

Existing DIP Credit Agreement shall have the meaning provided in the Preliminary Statements to this Agreement.

Existing DIP Credit Agreement and the Existing DIP Credit Agreement, as amended by this Agreement, the “Amended DIP Credit Agreement”), by and among the Company, the DIP Creditors party thereto from time to time, Acquiom and Seaport, as Co-Administrative Agents, and Acquiom, as Collateral Agent;

Existing DIP Credit Agreement means that certain Senior Secured Superpriority Debtor-in-Possession Term Loan Credit Agreement, dated as of April 24, 2020, among Speedcast International Limited (CAN 600 699 241), Speedcast Communications, Inc., the lenders party thereto from time to time, and Black Diamond Commercial Finance, L.L.C., as successor to Credit Suisse AG, Cayman Islands Branch, as administrative agent, collateral agent and security trustee, as the same may be amended, restated, supplemented, or otherwise modified from time to time in accordance with the terms thereof.

Existing DIP Credit Agreement means that certain Debtor-In-Possession Credit Agreement, dated as of August 5, 2009 (as amended, restated, supplemented or otherwise modified from time to time, including by that certain First Amendment to Debtor-In-Possession Credit Agreement, dated August 31, 2009, that certain Second Amendment and Limited Waiver to Debtor-In-Possession Credit Agreement, dated September 11, 2009 and that certain Additional Foreign Borrower Designation Agreement, dated as of December 2, 2009), Holdings, the U.S. Borrower, the Canadian Borrower, the German Borrower, the Lenders (as defined therein) from time to time party thereto, Deutsche Bank Trust Company Americas, as administrative agent for the Lenders (as defined therein) and the other agents party thereto.

Existing DIP Credit Agreement has the meaning specified in the recitals to this Agreement.

Existing DIP Credit Agreement means the Financing Agreement, dated as of July 13, 2004, among the Existing DIP Loan Parties, the Existing DIP Lenders, the Existing DIP Agents, and JPMorgan Chase Bank and Bank of America, N.A., in their capacities as documentation agents to the Existing DIP Lenders, as the same has been amended prior to the date hereof.