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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 esD"ain <br />DE&bbituPt PRggE832)bV97 <br />Bankruptcy Code; provided, that nothing in the foregoing shall limit the rights of the DIP <br />Secured Parties under the DIP Documents to the extent such liens are not permitted <br />thereunder; <br />(iv) Liens Senior to Certain Other Liens. The DIP Liens shall not be (i) <br />subject or subordinate to or made pari passu with (A) any lien or security interest that is <br />avoided and preserved for the benefit of the Credit Parties and their estates under section <br />551 of the Bankruptcy Code, (B) unless otherwise provided for in the DIP Documents or <br />in this Final Order, any liens or security interests arising after the Petition Date, <br />including, without limitation, any liens or security interests granted in favor of any <br />federal, state, municipal or other governmental unit (including any regulatory body), <br />commission, board or court for any liability of the Credit Parties, or (C) any <br />intercompany or affiliate liens of the Credit Parties or security interests of the Credit <br />Parties; or (ii) subordinated to or made pari passu with any other lien or security interest <br />under section 363 or 364 of the Bankruptcy Code. <br />(b) Specified Leases. Notwithstanding anything to the contrary in the Motion, <br />the DIP Documents, or this Final Order, for purposes of this Final Order, in no event shall the <br />DIP Collateral include or the DIP Liens or Adequate Protection Liens granted under this Final <br />Order attach to any lease or other real property right, to which any Debtor is a party or any of <br />such relevant Debtor's rights or interests thereunder, if and for so long as the grant of such <br />security interest would constitute or result in: (x) the abandonment, invalidation, unenforceability <br />or other impairment of any right, title or interest of any Debtor therein, or (y) a breach or <br />termination pursuant to the terms of, or a default under, any such lease or other real property <br />32 <br />NY 78179867 <br />4844-7341-8439.2 <br />NY 78179867 <br />
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