Anatomy of a Chapter 11 Bankruptcy Debtor in Possession (DIP) Deal

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Attorney for DIP calls me and runs by a deal on the phone. I present the terms.
He sends me what due diligence we need, we issue a term sheet and it’s signed.
Attorney makes energy motion to the court for DIP financing.
Hearing is held and approved, later that day borrowers sign the documents.
The next day we wire the funds to the Debtor in Possession
A few days prior to the maturity of the loan, the attorney informs me they need an extension.
We agree on an extension, it’s documented.
The loan is paid off. Do again with another Debtor in possession