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).