Term DIP Agent definition

Term DIP Agent means Wilmington Savings Fund Society, FSB, in its capacities as administrative and collateral agent under the Term Loan DIP Credit Agreement, its successors, assigns, or any replacement agent appointed pursuant to the terms of the Term Loan DIP Credit Agreement.
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Term DIP Agent means Delaware Trust Company, in its capacity as administrative agent and collateral agent under the Term DIP Facility.
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Term DIP Agent means Cortland Products Corp., in its capacity as administrative agent and collateral agent pursuant to the Term DIP Facility.
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Examples of Term DIP Agent in a sentence

  • Absent further order of this Court, the Debtors shall not create or permit to exist any post-petition liens or encumbrances on any of their assets or property except any post-petition liens allowed pursuant to the Term DIP Loan Documents, post-petition liens created in connection with the ABL DIP Facility and as otherwise agreed to by Term DIP Agent (acting at the direction of the Required Term DIP Lenders) in writing.

  • As further adequate protection for each of the Pre-Petition Secured Parties, the Debtors shall provide each Pre-Petition Agent with access to the Debtors’ books and records and such financial reports as are provided to the Term DIP Agent pursuant to Section 7.1 of the Term DIP Loan Agreement.

  • Further, the Debtors will provide to the Term DIP Agent, for the benefit of the Term DIP Lenders, such other reports and information as may be reasonably requested by the Term DIP Agent.

  • In the event of any such amendment, modification, termination or waiver, the Term DIP Agent shall provide notice thereof to the Pre-Petition Agents, the ABL DIP Agent, the Committee and the U.S. Trustee no less than three (3) days prior to the effective date thereof (or such shorter period as to which such parties may agree).

  • In the event of any use or sale of, or stay relief granted with respect to, the DIP Collateral (other than Term Collateral) to which the agent under the ABL DIP Facility consents, the Term DIP Agent (in its capacity as a holder of an interest in such DIP Collateral) shall not object or be entitled to seek adequate protection in connection therewith.

  • For the avoidance of doubt, the Carve-Out shall be senior to all liens and claims (including administrative and superpriority claims) securing the Term DIP Obligations and the Term Obligations, the Bridge Obligations, the Term Adequate Protection Liens and any other liens, security interests, and claims (including administrative and superpriority claims) granted herein to the Term Secured Parties, the Bridge Secured Parties, the Term DIP Agent or the Term DIP Lenders.

  • The Term DIP Facility was negotiated in good faith and at arms’ length among the Debtors, the Term DIP Agent and the Term DIP Lenders.

  • In all such litigation or the preparation therefor, subject to paragraph 32, the Term DIP Agent and the Term DIP Lenders shall be entitled to select their own counsel and, in addition to the foregoing indemnity, the Debtors agree to promptly pay the reasonable fees and expenses of such counsel.

  • The Debtors will promptly provide notice to the Term DIP Agent, for prompt distribution to the Term DIP Lenders, of any Material Adverse Effect (as defined in the Term DIP Loan Agreement).

  • The Term DIP Agent and the Senior Facility Pre-Petition Agent may conclusively rely on, and shall have no liability whatsoever in respect of, the representations and warranties made by, and the other information provided by, subscribers pursuant to the Procedures.


More Definitions of Term DIP Agent

Term DIP Agent means Goldman Sachs Specialty Lending Group, L.P., solely in its capacity as administrative agent and collateral agent under the Term DIP Facility, or its successors, permitted assigns, or any replacement agent appointed pursuant to the terms of the Term DIP Facility Agreement.
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Term DIP Agent means "Administrative Agent" and "Collateral Agent" under the Term DIP Credit Agreement and their successors in such capacity.
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Related to Term DIP Agent

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Collateral Trustee” or similar term under any Term Credit Agreement.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Administrative Agent as defined in the preamble hereto.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Administrative Agent’s Account means an account at a bank designated by the Administrative Agent from time to time as the account into which the Borrower shall make all payments to the Administrative Agent for the benefit of the Agents and the Lenders under this Agreement and the other Loan Documents.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Second Lien Collateral Agent means the “Collateral Agent” under and as defined in the Second Lien Credit Agreement.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in Dollars or with respect to any payment that does not relate to any Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in a Foreign Currency, a Swingline Foreign Currency Borrowing or Swingline Foreign Currency Loan, the Administrative Agent or an Affiliate thereof designated pursuant to Section 8.07.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Collateral Agent means the First Lien Credit Agreement Collateral Agent and any Additional First Lien Obligations Agent.