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2021-03-09_GENERAL DOCUMENTS - C1980004 (7)
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2021-03-09_GENERAL DOCUMENTS - C1980004 (7)
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Last modified
3/16/2021 1:35:25 PM
Creation date
3/16/2021 12:56:39 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1980004
IBM Index Class Name
General Documents
Doc Date
3/9/2021
Doc Name Note
Case No. 20-12043 (GRH) Hopedale Mining LLC
Doc Name
Bankruptcy Notice
From
Tasha R. Schreckengost
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
JRS
JDM
GRM
CMM
CCW
Media Type
D
Archive
No
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sem a M ii a :MkUM %W- D.a .i:C LAM: :.: cb GW.i:C LAM: 1/.:1 `1.M, Ail D - <br />and in express reliance upon the protections offered by section 364(e) of the Bankruptcy Code, <br />and the DIP Secured Parties (and the successors and assigns thereof) shall be entitled to the full <br />protection of section 364(e) of the Bankruptcy Code in the event that the Interim Order or any <br />provision thereof, or this Final Order or any provision hereof, are vacated, reversed or modified, <br />on appeal or otherwise. <br />(g) The Prepetition Secured Parties have acted in good faith regarding the DIP <br />Financing and the Credit Parties' continued use of the Prepetition Collateral (including Cash <br />Collateral) to fund the administration of the Credit Parties' estates and continued operation of <br />their businesses (including the incurrence and payment of the Adequate Protection Obligations <br />and the granting of the Adequate Protection Liens (as defined herein)), in accordance with the <br />terms hereof, and the Prepetition Secured Parties (and the successors and assigns thereof) shall <br />be entitled to the full protection of section 363(m) of the Bankruptcy Code in the event that the <br />Interim Order or any provision thereof, or this Final Order or any provision hereof, is vacated, <br />reversed or modified, on appeal or otherwise. <br />(h) The Prepetition Secured Parties are entitled to the Adequate Protection <br />provided in this Final Order as and to the extent set forth herein pursuant to sections 361, 362, <br />363 and 364 of the Bankruptcy Code. Based on the Motion, the declarations filed in support of <br />the Motion, and the record presented to the Court at the Hearings, the terms of the proposed <br />Adequate Protection arrangements and of the use of the Prepetition Collateral (including Cash <br />Collateral) are fair and reasonable, reflect the Credit Parties' prudent exercise of business <br />judgment and constitute reasonably equivalent value and fair consideration for the use of the <br />Prepetition Collateral (including Cash Collateral); provided that nothing in this Final Order or <br />15 <br />NY 78179867 <br />4844-7341-8439.2 <br />NY 78179867 <br />
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