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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 :MMM %W- DB .i:C L:b: :.: cb GW.i:C L:b: 1/.:1 `1.M, Ail D - <br />accommodations to be provided to the Debtors by the DIP Lenders in connection with the DIP <br />Financing. The Borrower is hereby authorized to forthwith borrow money pursuant to the DIP <br />Credit Agreement, and the Guarantors are hereby authorized to guarantee the Credit Parties' DIP <br />Obligations with respect to such borrowings, in each case up to an aggregate principal amount <br />equal to $11.75 million DIP Loans, inclusive of amounts authorized by the Interim Order, and in <br />each case, together with applicable interest, protective advances, expenses, fees and other <br />charges payable in connection with the DIP Facility, subject to any limitations on borrowing or <br />incurrence under the DIP Documents, which shall be used for all purposes permitted under the <br />DIP Documents and this Final Order, including, without limitation, in accordance with, and <br />subject to, the Approved Cash Flow Forecast and Permitted Variances: (i) general corporate and <br />working capital purposes, including the orderly continuation of the operation of their businesses, <br />(ii) payment of other expenses and payments in accordance with the Interim DIP Order, this <br />Final DIP Order, and the DIP Documents, and (iii) the payment of fees, costs and expenses of the <br />DIP Facility. <br />(b) In furtherance of the foregoing and without further approval of this Court, <br />each Debtor is authorized and directed to perform all acts, to make, execute and deliver all <br />instruments and documents (including, without limitation, the execution or recordation of pledge <br />and security agreements, mortgages, deeds of trust and financing statements), and to pay all fees <br />that may be reasonably required or necessary for the Credit Parties to implement the terms of, <br />performance of their obligations under or effectuate the purposes of and transactions <br />contemplated by this Final Order or the DIP Financing, including, without limitation: <br />IV <br />NY 78179867 <br />4844-7341-8439.2 <br />NY 78179867 <br />
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