Tranche A DIP Lenders definition

Tranche A DIP Lenders means the Lenders that have Commitments to make Tranche A DIP Loans or who made Tranche A DIP Loans.
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Tranche A DIP Lenders means the DIP Lenders providing the Tranche A DIP Loans under theDIP Facility.
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Tranche A DIP Lenders means, collectively, those Entities identified as
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Examples of Tranche A DIP Lenders in a sentence

  • Section 2.06 of the Existing DIP Credit Agreement is hereby amended by deleting all references to "DIP Lenders" therein and replacing all such references with "Tranche A DIP Lenders".

  • The Borrowers shall pay to the Tranche A DIP Lenders a commitment fee (the "Commitment Fee") for the period commencing on June 25, 2002 to the Termination Date or the earlier date of termination of the Total Tranche A Commitment, computed (on the basis of the actual number of days elapsed over a year of 360 days) at the Commitment Fee Rate on the daily unused Total Tranche A Commitment.

  • Should the Administrative Agent do so, each of the Tranche A DIP Lenders agrees forthwith to reimburse the Administrative Agent in immediately available funds for the amount so advanced on its behalf by the Administrative Agent, together with interest at the Federal Funds Effective Rate if not so reimbursed on the date due from and including such date but not including the date of reimbursement.

  • Upon the occurrence of any Event of Default, the Tranche A DIP Lenders shall, upon notice to the DIP Agent, have the ability to control or direct the exercise of remedies with respect to DIP Collateral on terms satisfactory to the Tranche A DIP Lenders until the Tranche A DIP Obligations are repaid in full in cash (including the ability to credit bid the Tranche A DIP Obligations).


More Definitions of Tranche A DIP Lenders

Tranche A DIP Lenders means, collectively, those Entities identified as “Lenders” in the DIP Credit Agreement, providing all or a portion of the Tranche A DIP Facility.
Sample 1

Related to Tranche A DIP Lenders

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

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.