Laserfiche WebLink
Case 16-42529 Doc 136 Filed 04/15/16 Entered 04/15/16 14:39:40 Main Document <br />Pg3of8 <br />financing (such consent not to be unreasonably withheld) or (ii) obtain a further order of the <br />Court, in either case (i) or (ii), prior to paying any amount or making any material modification <br />to the Surety Bond Program that, in either case, is outside the ordinary course of the Debtors' <br />business and not consistent with the Debtors past or industry practices; provided further that to <br />the extent the Debtors seek to provide collateral or grant administrative claims in connection <br />with obtaining new Surety Bonds or provide additional collateral or grant administrative claims <br />for the postpetition renewal of Surety Bonds, the Debtors shall provide such collateral or grant <br />such administrative claims only to the extent permitted under any debtor in possession financing <br />facility. <br />2. The failure to specifically describe or include any particular feature of the <br />Surety Bond Program in this Interim Order shall not diminish or impair the effectiveness of such <br />feature, it being the intent of this Court that the Surety Bond Program be approved in its entirety. <br />3. The Debtors' Banks are authorized when requested by the Debtors in the <br />Debtors' discretion, to receive, process, honor and pay all checks presented for payment of, and <br />to honor all fund transfer requests made by the Debtors related to, amounts due pursuant to the <br />Surety Bond Program, whether such checks were presented or fund transfer requests were <br />submitted prior to or after the Petition Date, provided that sufficient funds are available and <br />standing in the Debtors' credit in the applicable accounts to cover such checks and fund transfers. <br />The Banks are authorized to rely on the Debtors' designation of any particular check or fund <br />transfer as approved by this Interim Order without any duty of further inquiry and without <br />liability for following the Debtors' instructions. <br />4. Nothing in the Motion or this Interim Order shall be deemed or construed <br />as: (a) an admission as to the validity or priority of any claim against the Debtors; (b) a waiver <br />-3- <br />