Example ContractsClausesDIP Budget
DIP Budget
DIP Budget contract clause examples

DIP Budget. The Lenders shall have received the DIP Budget, which DIP Budget shall have been approved by the Lenders.

DIP Budget. The Lenders shall have received the DIP Budget, which DIP Budget shall have been approved by the Lenders.

DIP Budget. No later than 5:00 p.m. Central Time on Wednesday of every week commencing with the first such date after the Effective Date (or, if such Wednesday is not a Business Day, then the immediately succeeding Business Day), a proposed DIP Budget for the following rolling 13-week period in form and substance satisfactory to the Administrative Agent, which proposed DIP Budget shall replace and supersede the previously delivered DIP Budget upon the approval thereof by the Administrative Agent.

DIP Budget and Variance Reports. The Borrower shall deliver updated DIP Budgets and reports of any variances thereto in accordance with and in the manner set forth in paragraph 4(a) of the Interim DIP Order.

DIP Budget and Variance Reports. The Borrower shall deliver updated DIP Budgets and reports of any variances thereto in accordance with and in the manner set forth in paragraph 4(a) of the Interim DIP Order.

Section # DIP Budget. The Credit Parties shall use all proceeds of the Loans and any DIP Cash Collateral, and shall operate, strictly in accordance with the DIP Budget, as the DIP Budget may be modified pursuant to Section 5.2(s), and subject to any Permitted Variances and the Permitted Carry.

Section # DIP Budget. The Credit Parties shall use all proceeds of the Loans and any DIP Cash Collateral, and shall operate, strictly in accordance with the DIP Budget, as the DIP Budget may be modified pursuant to Section 5.2(s), and subject to any Permitted Variances and the Permitted Carry.

. Subject to the provisions of the DIP Order and the DIP Budget:

The Administrative Agent shall have received the DIP Budget most recently delivered pursuant to the Cash Collateral Order, which DIP Budget shall have been approved by the Administrative Agent.

The Credit Parties shall not permit # aggregate disbursements for any weekly time period of the DIP Budget to exceed the aggregate disbursements allowed for such weekly time period in the DIP Budget by more than ten percent (10%) and # aggregate disbursements for any line item in the DIP Budget for any weekly time period to be exceeded by more than fifteen percent (15%).

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.