Final DIP Financing Order definition

Final DIP Financing Order means the order of the Bankruptcy Court approving this Agreement on a final basis in form and substance satisfactory to the Administrative Agent and the Required Lenders in their sole discretion, as the same may be amended, modified or supplemented from time to time with, the consent of the Required Lenders (and with respect to amendments, modifications or supplements that adversely affect the rights or duties of the Administrative Agent in any respect, the Administrative Agent).

Final DIP Financing Order means a final order to be entered by the Bankruptcy Court authorizing and approving (i) Mezzanine Lender’s DIP Financing to the Debtors, pursuant to the Mezzanine Loan Documents, and (ii) the Senior Lender’s additional DIP Financing to the Debtors pursuant to the Senior Loan Documents.

Final DIP Financing Order means the Final Order (I) Authorizing the Debtors to

Examples of Final DIP Financing Order in a sentence

• On December 24, 2009, BNY filed a motion for the allowance and payment of a section 507(b) superpriority administrative expense claim (the “507(b) Motion”), asserting that the adequate protection granted to BNY pursuant to the Final DIP Financing Order failed, and that the resulting diminution in BNY’s secured claim created an entitlement to a superpriority claim in an amount not less than $361.5 million.

• The Final DIP Financing Order granted security interests to the DIP Lenders that are senior to the preexisting security interests of the Senior Secured Credit Facility, the Bridge Loan Agreement, the ARCO Notes and the Equistar Notes (the prepetition secured debts hereinafter collectively, the “Primed Debt,” and the prepetition secured lenders hereinafter collectively, “Primed Parties”).

• On a weekly basis, cash in excess of the €200 million limit must be transferred to Lyondell Chemical, provided that the excess is at least €5 million.compliance with certain liquidity standards set forth in the Final DIP Financing Order, and (iv) certain other benefits.57 The Bankruptcy Court reserved the rights of the Primed Parties to request additional adequate protection if necessary.

• All amounts owed by the Debtors with respect to the DIP Roll-Up Loans will rank junior in priority to the DIP New Money Loans and may, subject to the terms and conditions of the DIP Term Loan Facility and the Final DIP Financing Order, be paid over time after the Effective Date.

• However, the Bankruptcy Court advised that, prior to the next scheduled hearing in the case, the parties should explore the possibility of mutually resolving the case.K. The Committee Litigation and Settlement On June 15, 2009, as specifically contemplated by the Final DIP Financing Order, the Creditors’ Committee filed a motion to obtain standing to pursue various claims and actions on behalf of the Debtors’ estates (the “Standing Motion”).

More Definitions of Final DIP Financing Order

Final DIP Financing Order means an order, substantially in the form of the Interim DIP Financing Order and otherwise satisfactory in form and substance to the Requisite Lenders and the Debtors (and the Administrative Agent, with respect to any provision that affects the rights, obligations, liabilities or duties of the Administrative Agent), entered by the Bankruptcy Court approving this Agreement on a final basis under the Bankruptcy Code, which order has not been reversed, modified or stayed and is not otherwise subject to a timely filed motion that the Borrower has failed to object to for a stay, rehearing, reconsideration, appeal or any other review without the consent of the Requisite Lenders (which consent of the Requisite Lenders may be communicated via an email from any counsel representing the Requisite Lenders).

Final DIP Financing Order means the Final Order Authorizing Limited Use of Cash Collateral, Obtaining Post-Petition Financing Secured By Senior Liens, and Granting Adequate Protection to Existing Lienholders [Docket No. 276] entered by the Bankruptcy Court on September 8, 2017.

Final DIP Financing Order means the Final Order (I) Authorizing the TRU Taj Debtors to Obtain Postpetition Financing, (II) Authorizing the TRU Taj Debtors to Use Cash Collateral,(III) Granting Liens and Providing Superpriority Administrative Expense Status, (IV) Granting Adequate Protection to the Prepetition Lenders, (V) Modifying the Automatic Stay, and (V) Granting Related Relief [Docket No. 745].

Final DIP Financing Order means the order entered by the Bankruptcy Court approving the DIP Motion.

Final DIP Financing Order means a final order of the Bankruptcy Court approving the DIP Facility (as defined in the Interim DIP Financing Order), in form and substance acceptable to the DIP Lender (as defined in the Interim DIP Financing Order) in its sole and absolute discretion.

Final DIP Financing Order means the Final Order (I) Authorizing the Debtors to (A) Use Cash Collateral and (B) Grant Adequate Protection; (II) Authorizing the Debtors to (A) Obtain Postpetition Financing and Grant Liens and Superpriority Administrative Expense Claims; (III) Modifying the Automatic Stay; and (IV) Granting Related Relief [Docket No. 121] entered by the Bankruptcy Court on September 28, 2022.

Final DIP Financing Order means the Final Order (I) Authorizing the North American Debtors to Obtain Postpetition Financing, (II) Authorizing the North American Debtors to Use Cash Collateral, (III) Granting Liens and Providing Superpriority Administrative Expense Status, (IV) Granting Adequate Protection to the Prepetition Lenders, (V) Modifying the Automatic Stay, and (V) Granting Related Relief [Docket No. 711] as amended by the North American DIP Amendment Order.