Credit Bid Amount definition

Credit Bid Amount has the meaning set forth in Section 3.1(a).
Credit Bid Amount has the meaning specified in Section 2.03(a).
Credit Bid Amount means $150,000,000 of First Lien Claims.

Examples of Credit Bid Amount in a sentence

  • Upon receipt by the Company of the Credit Bid Amount, all obligations of the Company under the DIP Credit Facility and the Prepetition Loan Facility shall be deemed satisfied in full and cancelled pursuant to the Sale Order.


More Definitions of Credit Bid Amount

Credit Bid Amount means a Credit Bid in an amount equal to or less than the Lenders Debt.
Credit Bid Amount means, the lesser of (i) $20,000,000.00 and (ii) the product of (y)
Credit Bid Amount means an amount equal to the aggregate DIP Indebtedness as of the Closing that is bid by Buyer pursuant to section 363(k) of the Bankruptcy Code, as allowed by Order(s) of the Bankruptcy Court.
Credit Bid Amount means the aggregate amount of (i) the outstanding principal balance of the Notes, (ii) all accrued and unpaid interest and late fees due under the Notes, (iii) all costs incurred by Pledgee in connection with the collection and enforcement of the Notes and the Mortgage and Ancillary Security Documents, together with any sums advanced by the Pledgee to protect the security of the Mortgage and/or any one or more of the Ancillary Security Documents, (iv) all amounts advanced by the Pledgor to protect the security of the Mortgage and/or any one or more of the Ancillary Security Documents, and (v) all costs incurred by Pledgor in connection with the exercise of the secured party's rights under the Ancillary Security Documents.
Credit Bid Amount has the meaning set forth in Section 1.11. "Customer Deposits" has the meaning set forth in Section 5.12.
Credit Bid Amount means Sixteen Million Dollars ($16,000,000). “Cure Amounts” has the meaning set forth in Section 2.6(d).
Credit Bid Amount means a Credit Bid of TLB Claims equal to $110,000,000.