DIP Note definition

DIP Note means the Senior Secured Super-Priority DIP Financing Note, dated as of October 30, 2020, by and between the Debtor and the DIP Lender and approved under the DIP Order, as amended, supplemented or otherwise modified.
DIP Note means the Debtor-In-Possession Note, dated as of [ 2015], by and between the Debtor and the DIP Lender and approved by the Bankruptcy Court, as subsequently amended or modified.
DIP Note means a promissory note of Borrower payable to DIP Lender, in the form of Exhibit C annexed hereto (as such promissory note may be amended, restated, supplemented, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of Borrower to DIP Lender resulting from outstanding DIP Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof.

Examples of DIP Note in a sentence

  • BTS Enterprises shall retain its second priority DIP Liens (subordinated only to the TCB Secured Claim) and security interest in, to, and against the applicable collateral for all amounts relating to its DIP Loan Claim, including all rights granted to BTS Enterprises in the DIP Note, DIP Facility Documents, Interim DIP Loan Order, and Final DIP Loan Order, which shall be collaterally assigned to TCB.

  • DIP Liens means those certain valid, binding, and enforceable liens, mortgages and/or security interests granted to the DIP Lender pursuant to Bankruptcy Code sections 363, 364(c), and 364(d), as security for the DIP Facility and other post-petition costs payable under the DIP Note, as specifically defined by the DIP Loan Order.

  • DIP Note means that certain Debtor in Possession Secured Promissory Note between the Debtor and the DIP Lender attached to the DIP Loan Order, including any subsequent amendments, modifications and/or supplements thereto, and the corresponding Security Agreement, as defined therein.

  • On the Effective Date, all liens and interests granted in exchange for or in connection with the DIP Note and/or under the DIP Order shall be deemed discharged, cancelled, and released and shall be of no further force and effect.

  • Upon entry of this Interim Order by the Court and the satisfaction or waiver of all conditions precedent provided for in the Interim DIP Note, Post-Petition Lenders shall advance the Interim DIP Financing upon draw requests by the Debtor in accordance with the Budget and the terms of this Interim Order.


More Definitions of DIP Note

DIP Note means a promissory note of the Borrower payable to any DIP Lender or its registered assigns, if requested by such DIP Lender or registered assignee, in substantially the form of Exhibit A.
DIP Note means the Note issued to Venture Fund I, Inc. pursuant to the Order Granting Expedited Joint Motion of the Debtors and the Official Committee of Unsecured Creditors for Entry of an Order Approving Post-Petition Debtor-in-Possession Financing dated September 28, 2006.1.34
DIP Note means that certain Debtor-in-Possession Revolving Loan Promissory Note, dated May 8, 2018, by and among Relativity Media, LLC, Relativity Holdings LLC and each of its subsidiaries listed as “Guarantors” on the signature page thereto and UltraV.
DIP Note means that certain Debtor-in-Possession Revolving Loan Promissory
DIP Note means that certain Promissory Note, dated July 26, 2016 by and between ESML, as maker, and the DIP Lender, as payee, as amended by the DIP Order and as otherwise amended from time to time.
DIP Note. (as defined in the Original Credit Agreement) issued to such Revolving Credit Bank under the Original Credit Agrement. All unpaid interest and all unpaid commitment, agent's and other fees and expenses owing or accruing under or in respect of the Original Credit Agrement for the period ending on the Effective Date shall be paid at the times and in accordance with the method specified in the Original Credit Agreement as if the Original Credit Agreement were in effect.