Examples of Term DIP Credit Agreement in a sentence
In exchange for each Backstop Lender’s Backstop DIP Commitment, each such Backstop Lender shall be entitled to a backstop fee equal to 3.00% on the entire Backstop DIP Commitments as set forth in the DIP Fee Letter (as such term is defined in the Term DIP Credit Agreement).
The Debtors shall have paid all reasonable and documented fees and out-of-pocket expenses payable to the DIP Agents and the Backstop Lenders, including all reasonable and documented out- of-pocket fees and expenses of counsel and other professionals of such parties as set forth in Section 6.1(b) of the Term DIP Credit Agreement and Section 4.1(f) of the credit agreement governing the ABL DIP Facility.
The Borrower confirms and agrees that (i) all of its covenants and obligations under the Term DIP Credit Agreement and each other Loan Document to which it is a party are reaffirmed and remain in full force and effect on a continuous basis and (ii) the execution of this Agreement shall not operate as a waiver of any right, power or remedy of Term DIP Agent or any Term DIP Lender, constitute a waiver of any provision of any of the Loan Documents or serve to effect a novation of the Obligations.
Section 10 Expenses The Borrower agrees to pay all reasonable costs and expenses of the Term DIP Agent incurred in connection with this Agreement and all related matters, including but not limited to preparation, negotiation, execution, documentation and enforcement of this Agreement and the Term DIP Credit Agreement and all legal fees and disbursements related thereto, all in accordance with Section 8.04 of the Credit Agreement, and in each case by no later than October 3, 2017.
These 1 645 outlets bought in the year ending August 1997, 395 000 barrels of beer from CTL.
Nothing contained herein shall affect the continuing existence of the Senior Facility Pre-Petition Debt to be designated and administered as Roll Up DIP Loans under the Term DIP Credit Agreement or the obligations of non-debtor affiliates of the Debtors with respect to any guarantees provided by such non-debtor affiliates under the Senior Facility Pre-Petition Loan Documents or with respect to the Senior Facility Pre-Petition Security Interests granted by such non-debtor affiliates.
The term “Agreement” when used in the Term DIP Credit Agreement means the Term DIP Credit Agreement and the schedules thereto, as previously amended and as amended by this Agreement and as may be further amended, revised, replaced, supplemented or restated from time to time.
For the avoidance of doubt, nothing contained in this Final Order, including, without limitation, paragraph 26 hereof, or any of the DIP Documents, including, without limitation, Section 2.12 of the Term DIP Credit Agreement, shall constitute any such agreement or approval by the DIP Lenders.
The Term DIP Facility The material terms of the Term DIP Facility are set forth in the Term DIP Credit Agreement attached hereto as Exhibit A, which shall govern in all respects.
Unless the context of this Agreement otherwise requires, the Term DIP Credit Agreement and this Agreement shall be read together and shall have effect as if the provisions of the Term DIP Credit Agreement and this Agreement were contained in3.