DIP Order definition

DIP Order means the Interim Order and, upon entry thereof, the Final Order.

DIP Order means (a) in the period prior to entry of a final order as contemplated by clause (b) of this definition, an interim order entered by the Bankruptcy Court approving the DIP Financing, and (b) a final order entered by the Bankruptcy Court approving the DIP Financing, in each case in form and on terms acceptable to Buyer.

DIP Order means the Interim Order and the Final Order, as applicable.

Examples of DIP Order in a sentence

• When such Subsequent DIP Budget is approved in accordance with the DIP Order, such Subsequent DIP Budget shall be deemed to constitute the “Approved DIP Budget” for purposes of this Agreement with the most recently delivered budget constituting the “Approved DIP Budget”.

• Use the proceeds of any Borrowing, whether directly or indirectly, for any purpose other than as permitted under the DIP Order or as set forth in the Approved DIP Budget.

• Upon entry by the Bankruptcy Court of the DIP Order, this Agreement and each other Loan Document constitutes a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party that is party thereto in accordance with its terms, except as such enforceability may be limited by general principles of equity and principles of good faith and fair dealing.

• Comply in a timely manner with their obligations and responsibilities as debtors-in-possession under the Bankruptcy Code, the Bankruptcy Rules, the DIP Order, and any other order of the Bankruptcy Court.

• Subject to the DIP Order, comply in all material respects with its Organization Documents and the requirements of all Laws and all orders, writs, injunctions and decrees of any Governmental Authority (including any order of the Bankruptcy Court) applicable to it or to its business or property, except if the failure to comply therewith would not reasonably be expected individually or in the aggregate to have a Material Adverse Effect.

More Definitions of DIP Order

DIP Order means the Order (A) Authorizing the Debtors to Obtain Postpetition Financing,

DIP Order means, collectively, the Interim DIP Order and the Final DIP Order.

DIP Order means, as applicable, (i) the Interim DIP Order or (ii) the Final DIP Order.

DIP Order means the Interim DIP Order or the Final DIP Order, as applicable.

DIP Order means the Final Order (I) Authorizing Debtors to (A) Obtain Postpetition Financing and (B) Use Cash Collateral, (II)

DIP Order means the Order (I) Authorizing Debtors to Obtain Postpetition Secured Financing, (II) Granting Liens and Providing Superpriority Administrative Expense Claims, (III) Modifying the Automatic Stay, and (IV) Granting Related Relief [Docket No. 121], as modified from time to time, including as set forth in the DIP Amendment Orders.

DIP Order means, as applicable, the Final Order (I) Authorizing the Debtors to (A) Obtain Senior Secured Non-Priming Superpriority Replacement Postpetition Financing and (B) Use Cash Collateral, (II) Granting Liens and Providing Claims With Superpriority Administrative Expense Status, (III) Modifying the Automatic Stay, and (IV) Granting Related Relief (Docket No. 608) or the Order (I) Authorizing the Debtors on an Interim Basis to (A) Obtain Senior Secured Non-Priming Superpriority Replacement Postpetition Financing and (B) Use Cash Collateral, (II) Authorizing the Debtors to Refinance Existing Postpetition Financing on a Final Basis, (III) Granting Liens and Providing Claims With Superpriority Administrative Expense Status, (IV) Granting Adequate Protection to the Prepetition Secured Parties on a Final Basis, (V) Modifying the Automatic Stay, (VI) Scheduling a Final Hearing, and (VII) Granting Related Relief (Docket No. 447), authorizing the Debtors to enter into the DIP Credit Agreement and access the DIP Facility, as may be amended, supplemented or modified from time to time.