offensive DIP
USA
offensive DIP, Also known as new money DIP.
A DIP financing provided by a new third-party lender, who is motivated by the business opportunity of providing a DIP loan, including higher fees and interest rates, greater priority, more control over the bankruptcy case or a position to execute a loan-to-own strategy.
For more information, see Practice Note, DIP Financing: Overview (www.practicallaw.com/1-383-4700).
For more information on loan-to-own strategies, see Article, Loan-to-Own Strategies and the Private Equity Investor (www.practicallaw.com/1-384-0471).
See also

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • dip — dip1 [ dıp ] verb ** 1. ) transitive to lower something into a liquid for a moment before taking it back out again: dip in/into: She dipped her handkerchief in the water and gently began to wipe the dirt from his face. a ) transitive to put an… …   Usage of the words and phrases in modern English

  • new money DIP — USA offensive DIP, Also known as new money DIP. A DIP financing provided by a new third party lender, who is motivated by the business opportunity of providing a DIP loan, including higher fees and interest rates, greater priority, more control… …   Law dictionary

  • Christen in der Offensive — Die Offensive Junger Christen (OJC) e.V. ist eine ökumenische evangelikale Kommunität in reformatorischer Tradition unter dem Dach der EKD mit Sitz in Reichelsheim im Odenwald. Früher hieß der Trägerverein aus überholten vereinsrechtlichen… …   Deutsch Wikipedia

  • loan-to-own — USA A strategy used by investors to take control of a distressed company, often through bankruptcy proceedings. The strategy involves investing in the distressed company s debt (which is typically secured (security) by the company s assets) to… …   Law dictionary

  • dipstick — (DIP.stik) v. To take the measure of a person or a situation. Also: dip stick. Example Citation: In public, Secretary Powell, the four star general turned diplomat, has done what he always does: soldier on, shaping his commander s policies as… …   New words

  • dipshit — dip|shit [ˈdıpʃıt] n AmE spoken not polite an offensive word for a stupid person …   Dictionary of contemporary English

  • dipshit — dip|shit [ dıp,ʃıt ] noun count OFFENSIVE a stupid or annoying person …   Usage of the words and phrases in modern English

  • dipstick — dip|stick [ dıp,stık ] noun count 1. ) a long stick used for measuring the oil in a car s engine 2. ) OFFENSIVE a stupid or annoying person …   Usage of the words and phrases in modern English

  • Cabanatuan American Memorial — Chinesische Soldaten stürmen japanische Stellungen in der Schlacht um Tai erzhuang (März 1938) …   Deutsch Wikipedia

  • Guadalcanal American Memorial — Chinesische Soldaten stürmen japanische Stellungen in der Schlacht um Tai erzhuang (März 1938) …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”