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2016-04-25_GENERAL DOCUMENTS - C1982057 (19)
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2016-04-25_GENERAL DOCUMENTS - C1982057 (19)
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Entry Properties
Last modified
8/24/2016 6:21:07 PM
Creation date
4/26/2016 2:26:16 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1982057
IBM Index Class Name
General Documents
Doc Date
4/25/2016
Doc Name
Amended 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 149 Filed 04/15/16 Entered 04/15/16 16:16:59 Main Document <br />Pg 21 of 71 <br />any amounts due (or that may become due) in respect of the indemnification obligations referred <br />to in the DIP Credit Agreements (and in the separate letter agreements between any and all Loan <br />Parties, on one hand, and the DIP Agent and/or DIP Lenders, on the other, in connection with the <br />DIP Financing) and reasonable costs and expenses as may be due from time to time, including, <br />without limitation, fees and expenses of the professionals retained as provided for in the DIP <br />Documents (and the reasonable fees and expenses of Willkie Farr & Gallagher LLP, as counsel <br />for certain of the DIP Lenders, incurred on or prior to the date hereof) and the professionals to <br />the Specified Lenders as provided in this order without the need to file retention motions or fee <br />applications, or to provide notice to any party, and <br />(iv) the performance of all other acts required under or in connection <br />with the DIP Documents. <br />(c) Upon execution and delivery of the DIP Documents, the DIP Documents <br />shall constitute valid, binding and unavoidable obligations of the Loan Parties, enforceable <br />against the Loan Parties in accordance with the terms of the DIP Documents and this Interim <br />Order. No obligation, payment, transfer or grant of security under the DIP Documents or this <br />Interim Order shall be stayed, restrained, voidable, or recoverable under the Bankruptcy Code or <br />under any applicable law (including without limitation, any Avoidance Action (as defined <br />below) or under any applicable Uniform Fraudulent Transfer Act, Uniform Fraudulent <br />Conveyance Act or other similar state statute or common law), or subject to any defense, <br />reduction, setoff, recoupment, recharacterization, subordination, disallowance, impairment, <br />cross-claim or counterclaim. <br />7. DIP Superpriority Claims. <br />21 <br />
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