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Case 16-42529 Doc 149 Filed 04/15/16 Entered 04/15/16 16:16:59 Main Document <br />Pg 58 of 71 <br />subordination, offset or avoidance, for all purposes in these Cases, and any subsequent chapter <br />7 case(s); (c) the Stipulated Security Interests shall be deemed to have been, as of the Petition <br />Date, legal, valid, binding, perfected, security interests and liens, not subject to <br />recharacterization, subordination, avoidance or other defense; and (d) the Stipulated Debt and <br />the Stipulated Security Interests shall not be subject to any other or further claim or challenge <br />by the Creditors' Committee, any non -statutory committees appointed or formed in these Cases <br />or any other party in interest acting or seeking to act on behalf of the Debtors' estates and any <br />defenses, claims, causes of action, counterclaims and offsets by the Creditors' Committee, any <br />non -statutory committees appointed or formed in these Cases, or any other party acting or <br />seeking to act on behalf of the Debtors' estates, whether arising under the Bankruptcy Code or <br />otherwise, against any of the Pre -Petition Secured Parties and their Representatives arising out <br />of or relating to the Existing Agreements shall be deemed forever waived, released and barred. <br />If any such Challenge Proceeding is timely filed during the Challenge Period, the stipulations, <br />admissions, agreements and releases contained in this Interim Order, including, without <br />limitation, those contained in paragraph 4 of this Interim Order, shall nonetheless remain <br />binding and preclusive (as provided in the second sentence of this paragraph) on the Creditors' <br />Committee and on any other person or entity, except to the extent that such stipulations, <br />admissions, agreements and releases were expressly and successfully challenged in such <br />Challenge Proceeding as set forth in a final, non -appealable order of a court of competent <br />jurisdiction. Nothing in this Interim Order vests or confers on any Person (as defined in the <br />Bankruptcy Code), including the Creditors' Committee or any non -statutory committees <br />appointed or formed in these Cases, standing or authority to pursue any claim or cause of <br />action belonging to the Debtors or their estates, including, without limitation, Challenge <br />