Examples of DIP Agreement in a sentence
Except to the extent that a holder of a DIP New Money Claim or DIP ABL Claim agrees to less favorable treatment, the Reorganized Debtors shall pay, on the Effective Date, in full and complete satisfaction, settlement and release of such Claim, except for the Excluded DIP Obligations, an amount in Cash equal to the Allowed amount of such DIP New Money Claim or DIP ABL Claim, as applicable, and all commitments under the DIP Agreement shall terminate.
As we have noted above, should lead-time considerations lead U.S. EPA to finalize less stringent standards for Model Year 2023, it should recoup emissions consistent with Alternative 2 for later model years, including strengthening Model Year 2026 as U.S. EPA proposes.In this section we discuss evidence supporting this point.
To the extent any letters of credit issued pursuant to the DIP Agreement are outstanding as of the Effective Date, they shall be replaced as of the Effective Date with new letters ofcredit to be issued or deemed to have been issued pursuant to the Exit Facility.
On December 7, 2012, the Bankruptcy Court approved the Debtor’s entry into the DIP Agreement on an interim basis, authorized the Debtors to obtain the Interim Amount and set a final hearing on the DIP Motion for December 18, 2012.
Except to the extent that a Holder of an Allowed DIP Claim agrees to a less favorable treatment, on the Effective Date, in full and final satisfaction, settlement, release, and discharge of, and in exchange for, each Allowed DIP Claim, each such Allowed DIP Claim shall be paid in full in Cash by the Debtors and all commitments under the DIP Agreement shall terminate.