Case 16-42529 Doc 149 Filed 04/15/16 Entered 04/15/16 16:16:59 Main Document
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<br />(b) Liens Priming Prepetition Secured Parties' Liens. Pursuant to section
<br />364(d)(1) of the Bankruptcy Code, a valid, binding, continuing, enforceable, fully -perfected first
<br />priority senior priming security interest in and lien upon all pre- and post-petition property of
<br />Loan Parties (provided that with respect to the property of Peabody Holdings (Gibraltar)
<br />Limited, "Collateral" shall only include 65% of the equity interests in non -Debtor Peabody
<br />Investments (Gibraltar) Limited) (including, without limitation, any and all cash and cash
<br />collateral of the Debtor Loan Parties (whether maintained with the DIP Agent or otherwise) and
<br />any investment of such cash and cash collateral, inventory, accounts receivable, other rights to
<br />payment whether arising before or after the Petition Date (including, without limitation, post-
<br />petition intercompany claims against the Debtor Loan Parties and their non -Debtor affiliates),
<br />contracts, properties, plants, fixtures, machinery, equipment, general intangibles, documents,
<br />instruments, securities, chattel paper, interests in leaseholds, real properties, deposit accounts,
<br />patents, copyrights, trademarks, trade names, rights under license agreements, other intellectual
<br />property, capital stock of subsidiaries, wherever located, and the proceeds, products, rents, and
<br />profits of all the foregoing, whether arising under section 552(b) of the Bankruptcy Code or
<br />otherwise, in each case other than (i) the Excluded Assets, but including any proceeds of
<br />Excluded Assets and (ii) the Avoidance Actions, but, subject only to and effective upon entry of
<br />the Final Order, including any Avoidance Proceeds, whether now existing or hereafter acquired,
<br />that is subject to the existing liens presently securing the Stipulated Debt (including in respect of
<br />issued but undrawn letters of credit). Such security interests and liens shall be senior in all
<br />respects to the interests in such property of the Pre -Petition Secured Parties arising from current
<br />and future liens of the Pre -Petition Secured Parties (including, without limitation, the Adequate
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