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2016-04-25_GENERAL DOCUMENTS - C1994082 (13)
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2016-04-25_GENERAL DOCUMENTS - C1994082 (13)
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Entry Properties
Last modified
8/24/2016 6:21:08 PM
Creation date
4/26/2016 1:22:46 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1994082
IBM Index Class Name
General Documents
Doc Date
4/25/2016
Doc Name
Interim Order Authorizing Debtors to Obtain Post-Petition Financing Pursuant to 11
From
United State Bankruptcy
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
MPB
JRS
JHB
Media Type
D
Archive
No
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Case 16-42529 Doc 108 Filed 04/14/16 Entered 04/14/16 17:28:56 Main Document <br />Pg 13 of 70 <br />the actions taken with respect to, in connection with, related to or arising from the Existing <br />Secured Agreements; <br />(i) the liens granted to the DIP Agent on behalf of the DIP Lenders pursuant <br />to this Interim Order and the DIP Documents shall be perfected, valid, enforceable and non - <br />avoidable liens against the Loan Parties; and <br />0) except as set forth in subparagraph (1) below, the Debtors hereby <br />absolutely and unconditionally acknowledge and agree that no claims or causes of action exist <br />against, or with respect to, the Pre -Petition Secured Parties under any agreements by and among <br />the Debtors and any such party that is in existence as of the Petition Date; <br />(k) except as set forth in subparagraph (1) below, effective as of the date of <br />entry of the Interim Order the Debtors hereby absolutely and unconditionally release and forever <br />discharge and acquit each of the Pre -Petition Secured Parties and their respective Representatives <br />(as defined below) (collectively, the "Released Parties") from any and all obligations and <br />liabilities to the Debtors (and their successors and assigns) and from any and all claims, <br />demands, debts, accounts, contracts, liabilities, actions and causes of action arising prior to the <br />Petition Date (collectively, the "Released Claims") of any kind, nature or description, whether <br />known or unknown, foreseen or unforeseen, or liquidated or unliquidated, arising in law or <br />equity or upon contract or tort or under any state or federal law or otherwise, arising out of or <br />related to the Existing Secured Agreements, the obligations owing and the financial obligations <br />made thereunder, the DIP Facilities, the DIP Documents, the negotiation thereof and of the deal <br />reflected thereby, and the obligations owing and the financial obligations made thereunder, as <br />well as the Cases, and/or the negotiation, formulation or preparation of any agreements, <br />instruments or other documents related thereto, in each case that the Debtors at any time had, <br />13 <br />
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