Required DIP Lenders definition

Required DIP Lenders means “Required Lenders” as defined in the DIP Credit Agreement.

Required DIP Lenders means the “Required Lenders” under the DIP Credit Agreement.

Required DIP Lenders means the DIP Lenders who hold, in the aggregate, greater than fifty percent (50%) of the principal amount outstanding of all the Lender DIP Loans.

Examples of Required DIP Lenders in a sentence

• Upon the reasonable request of the DIP Agent (acting at the direction of the Required DIP Lenders), each of the Debtors, without any further consent of any party, is authorized and directed to take, execute, deliver and file such instruments (in each case, without representation or warranty of any kind) to enable the DIP Agent to further validate, perfect, preserve and enforce the DIP Liens, in accordance with the DIP Documents.

• Applicant agrees the City may, at any time, require the Applicant to reimburse the City for costs that have been, or which the City reasonably anticipates will be, incurred by the City during the course of any suit proceeding regarding violation of any prevailing wage law, rule or regulation.

• The Debtors seek final approval of the DIP Facility and use of Cash Collateral on the terms described in this Final Order (which is in form and substance reasonably acceptable to the DIP Agent, the Required DIP Lenders (as such term is defined in the DIP Term Sheet), and the Prepetition Secured Parties), in each case, to administer their Chapter 11 Cases and fund their operations.

• To the extent such consent is required, the Required DIP Lenders and the requisite amount of Prepetition 1L Lenders and Prepetition 2L Noteholders have consented to the Debtors’ use of Prepetition Collateral (including Cash Collateral), and the Debtors’ entry into the DIP Documents and the priming liens granted to the DIP Secured Parties, in each case, in accordance with and subject to the terms and conditions in this Final Order and the DIP Documents.

• A certified copy of this Final DIP Order may, in the discretion of the DIP Agent (acting at the direction of Required DIP Lenders), be filed with or recorded in filing or recording offices in addition to or in lieu of such financing statements, mortgages, notices of lien or similar instruments, and all filing offices were, by the Interim Order, and hereby are, on a final basis, authorized and directed to accept such certified copy of this Final DIP Order for filing and/or recording, as applicable.

More Definitions of Required DIP Lenders

Required DIP Lenders means, as of any date of determination, DIP Lenders who collectively own (or have voting control of) at least a majority of the DIP Loans.

Required DIP Lenders means the Replacement DIP Lender.

Required DIP Lenders means the “Required Lenders” as defined in the DIP Term Loan Credit Agreement.

Required DIP Lenders means the DIP Lenders holding more than 50% of the sum of the aggregate DIP Facility loans and unused commitments.

Required DIP Lenders means, as of any time of determination, the DIP Lenders that hold, in aggregate on the relevant date, at least a majority in principal amount outstanding of DIP Loans.

Required DIP Lenders means, at any time any two or more unaffiliated DIP Lenders holding DIP Loans and unused Commitments representing greater than 50% of the sum of the aggregate principal amount of outstanding DIP Loans plus the then unused Commitments; provided that Defaulting Lenders shall not be permitted to vote in respect of amendments, waivers, determinations, consents, or notifications hereunder or under any other Loan Documents other than as set forth in Section 9.01(b).

Required DIP Lenders means, subject to Section 2.20, Lenders having an outstanding principal amount of Term Loans representing more than 50% of the aggregate outstanding principal amount of Term Loans of all Lenders at such time; provided that, without limiting the restrictions in the definition of Ineligible Institution, for the purpose of determining the Required DIP Lenders needed for any waiver, amendment, modification or consent of or under this Agreement or any other Loan Document, any Lender that is a Borrower or an Affiliate of a Borrower shall be disregarded.