2016-04-25_GENERAL DOCUMENTS - C1992081 (19)

Home Browse Search

Case 16-42529 Doc 149 Filed 04/15/16 Entered 04/15/16 16:16:59 Main Document Pg 42 of 71 "Adequate Protection Liens"). For the avoidance of doubt, other than with respect to the Noteholder Adequate Protection Liens, no liens are granted under this Interim Order for the benefit of the Second Lien Secured Parties on any cash held by Global Center or on the equity interests of Global Center. (b) Continuation of Liens. To the extent replacement liens are not available, the liens granted to the Second Lien Notes Trustee and the Second Lien Noteholders under the terms of the Existing Second Lien Indenture Documents shall continue in full force and effect and shall continue to secure the Obligations of the Debtors under the Existing Second Lien Indenture Documents, and such liens held by the Second Lien Notes Trustee shall be junior in priority to and subject to all liens granted hereunder and shall be governed by the Existing Secured Agreements, including, without limitation, the ICA, as set forth in paragraph 22 of this Interim Order. (c) Second Lien Noteholder Section 507(b) Claim. The Second Lien Notes Trustee, on behalf of itself and the Second Lien Noteholders, is hereby granted, subject to the Fees Carve Out, the Bonding Carve Out, the DIP Superpriority Claims and the Senior Lender 507(b) Adequate Protection Claims, a superpriority claim as provided for in section 507(b) of the Bankruptcy Code, immediately junior to the Senior Lender 507(b) Adequate Protection Claims and senior to all other superpriority claims (other than the Fee Carve Out, Bonding Carve Out, the DIP Superpriority Claims, A/R Securitization Facility Superpriority Claim (solely with respect to the Securitization Debtors) and the Senior Lender 507(b) Adequate Protection Claims); provided that (i) notwithstanding section I I29(a)(9)(A) of the Bankruptcy Code, a plan of reorganization in any of the Cases may provide for the satisfaction of any Noteholder 507(b) Adequate Protection 42