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2016-04-25_GENERAL DOCUMENTS - C1992081 (19)
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2016-04-25_GENERAL DOCUMENTS - C1992081 (19)
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Entry Properties
Last modified
8/24/2016 6:21:07 PM
Creation date
4/26/2016 2:26:19 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1992081
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 38 of 71 <br />DIP Term Facility, immediate cash payment of all accrued and unpaid interest on the Pre - <br />Petition First Lien Debt and letter of credit fees at the non -default rates provided for in the <br />Existing Credit Documents and all other accrued and unpaid fees and expenses (including, but <br />not limited to, fees owed to the Pre -Petition Agent) owing to the Pre -Petition Agent under the <br />Existing Credit Documents incurred prior to the Petition Date and (ii) cash payments, paid on the <br />Interest Payment Dates as provided for in the Pre -Petition Credit Agreement (and as defined <br />therein), in an amount equal to the interest on the Pre -Petition First Lien Debt, letter of credit <br />fees and other fees at the non -default rates provided for in the Existing Credit Documents (it <br />being understood and agreed that (i) with respect to Loans (as defined in the Pre -Petition Credit <br />Agreement), such interest will be calculated in accordance with section 2.08(a) of the Pre - <br />Petition Credit Agreement as if such Loans were Eurocurrency Rate Loans (as defined in the <br />Pre -Petition Credit Agreement) and the Borrower were able to elect or continue Interest Periods <br />(as defined in the Pre -Petition Credit Agreement) with respect to such Loans in accordance with <br />the Pre -Petition Credit Agreement without the need for any consent or approval from the Pre - <br />Petition Agent or any Pre -Petition Lender, (ii) with respect to each Letter of Credit (as defined in <br />the Pre -Petition Credit Agreement), such fees shall be calculated in accordance with sections <br />2.03(i) and 0) of the Pre -Petition Credit Agreement and (iii) with respect to each Swap Contract, <br />such interest shall be calculated in accordance with clause (i) above as if such Swap Contract <br />were a Revolving Credit Loan (as defined in the Pre -Petition Credit Agreement) with a three- <br />month Interest Period); provided that the First Lien Secured Parties shall reserve the right to <br />assert claims for the payment of additional interest calculated at any other applicable rate of <br />interest (including, without limitation, default rates), or on any other basis, provided for in the <br />Existing Credit Documents and to the extent permitted by the Bankruptcy Code; provided further <br />
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