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CVM&:41P8W&QI2W3 D&D233313-tiledFiDWIE 12tnt6e42081ffiSIBMSM40:1Desb&Aain <br />Dbzt)A PNt P@gg(RHAW97 <br />C9Ias&:2l04b&QlMM3 Df e3$l3-EileSfiWI82EB/2EntEBMO!RIMMME 42:1Desb"ain <br />DCthihiei t P@gg&lO9)bT97 <br />(h) For the avoidance of doubt and notwithstanding anything in this Final <br />Order, the DIP Facility or in the Prepetition Credit Documents to the contrary, the Carve -Out <br />shall be senior to all liens and claims securing the DIP Facility, the Adequate Protection Liens, <br />and the Adequate Protection Claims, and any and all other forms of Adequate Protection, liens, <br />as well as Prepetititon Liens, or claims securing the DIP Obligations or the Prepetition <br />Obligations. <br />11. DIP Superpriority Claims. <br />(a) DIP Suoerpriority Claims. Pursuant to section 364(cxl) of the Bankruptcy <br />Code, all of the DIP Obligations shall constitute allowed superpriority administrative expense <br />claims against the Credit Parties on a joint and several basis (without the need to file any proof of <br />claim) with priority over any and all claims against each of the Credit Parties, now existing or <br />hereafter arising, of any kind whatsoever, including, without limitation, all administrative <br />expenses of the kind specified in sections 503(b) and 507(b) of the Bankruptcy Code and any and <br />all administrative expenses or other claims arising under sections 105, 326, 328, 330, 331, 365, <br />503(b), 506(e), 507(a), 507(b), 726, 1113 or 1114 of the Bankruptcy Code (including the <br />Adequate Protection Obligations), whether or not such expenses or claims may become secured <br />by a judgment lien or other non-consensual lien, levy or attachment, which allowed claims (the <br />"DIP Superpriority Claims") shall for purposes of section 1129(a)(9)(A) of the Bankruptcy <br />Code be considered administrative expenses allowed under section 503(b) of the Bankruptcy <br />Code, and which DIP Superpriority Claims shall be payable from and have recourse to all pre - <br />and postpetition property of the Credit Parties and all proceeds thereof (except for Avoidance <br />Actions, Avoidance Proceeds and any commercial tort claims of the Debtors that are not subject <br />28 <br />NY 78179867 <br />1Ba1-7M1-8139.2 <br />NY 78179687 <br />C81asd2alb"aMM3 Dhm¢393-EiledFiWTV1 /2EnteW&0WMW=5M 0:1Des0"ein <br />Clnabi *oft P@gg(881]ybV97 <br />binding, continuing, enforceable, fully -perfected first priority senior security interest in <br />and lien upon all tangible and intangible pre- and postpetition property of the Credit <br />Parties, whether existing on the Petition Date or thereafter acquired, and the proceeds, <br />products, rents, and profits thereof, that, on or as of the Petition Date, is not subject to a <br />valid, perfected and non -avoidable lien or is subject to a valid and non -avoidable lien in <br />existence as of the Petition Date that is perfected subsequent to the Petition Date as <br />permitted by section 546(b) of the Bankruptcy Code, including, without limitation, any <br />and all unencumbered cash of the Credit Parties (whether maintained with the DIP <br />Collateral Agent or otherwise) and any investment of such cash, inventory, amounts <br />receivable, other rights to payment whether arising before or after the Petition Date, <br />contracts, properties, plants, fixtures, machinery, equipment, general intangibles, <br />documents, instruments, securities, chattel paper, interests in leaseholds, real properties, <br />deposit accounts, patents, copyrights, trademarks, trade names, rights under license <br />agreements and other intellectual property, capital stock of subsidiaries, wherever <br />located, and the proceeds, products, rents and profits of the foregoing, whether arising <br />under section 552(b) of the Bankruptcy Code or otherwise, of all the foregoing (the <br />"Unencumbered Property"), in each case other than the Avoidance Actions, Avoidance <br />Proceeds and Unencumbered Commercial Tort Claims, but in each case subject and <br />subordinate in all respects to the Carve -Out; <br />(ii) Liens Priming Certain Preoetition Secured Parties' Liens. Pursuant <br />to section 364(d)(1) of the Bankruptcy Code, and subject and subordinate in all respects <br />to the Carve -Out, a valid, binding, continuing, enforceable, fully -perfected first priority <br />to a valid, properly perfected lien of the Prepetition Secured Parties as of the Petition Date <br />("Unencumbered Commercial Tort Claims")) in accordance with the DIP Credit Agreement <br />and this Final Order, subject only to the Carve -Out. The DIP Superpriority Claims shall be <br />entitled to the full protection of section 364(e) 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. Subject to the Carve -Out in all respects, the DIP <br />Superpriority Claims shall be senior to the Adequate Protection 507(b) Claims (as defined <br />below). <br />12. DIP Liens. <br />(a) D/P Liens. As security for the DIP Obligations, effective and perfected <br />upon the date of the Interim Order and without the necessity of the execution, recordation or <br />filing by the Credit Parties or the DIP Collateral Agent of mortgages, security agreements, <br />control agreements, pledge agreements, financing statements or other similar documents, any <br />notation of certificates of title for a titled good or the possession or control by the DIP Collateral <br />Agent of, or over, any DIP Collateral, or any other action, the following security interests and <br />liens (all such liens and security interests granted to the DIP Collateral Agent, for its benefit and <br />for the benefit of the DIP Lenders, pursuant to this Final Order and the DIP Documents (as <br />defined in the Motion), the "DIP Liens") are hereby granted to the DIP Collateral Agent for its <br />own benefit and the benefit of the DIP Lenders (all property identified in clauses (i){iii) below <br />being collectively referred to as the "DIP Collateral"): <br />(i) Liens on Unencumbered Prooertv. Subject and subordinate in all <br />respects to the Carve -Out, pursuant to section 364(ex2) of the Bankruptcy Code, a valid, <br />29 <br />NY 78179867 <br />184 7M1-M39.2 <br />NY 78179887 <br />C&>a5t1a6"aOM3 DGm2393-EilediM=M/2EntEtNk /1Hg1BMSDOV:1Des0ddain <br />DBcbiheit P@ggE832)bV97 <br />priming security interest in and lien upon all pre- and postpetition property of the Credit <br />Parties of the same nature, scope, and type as the Prepetition Collateral, regardless of <br />where located, regardless of whether or not any liens on such assets are voided, avoided, <br />invalidated, lapsed or unperfected, which security interest and lien shall prime the <br />Prepetition Liens (the "DIP Priming Liens-). Notwithstanding anything herein to the <br />contrary, the DIP Priming Liens shall be (A) subject and junior to the Carve -Out in all <br />respects and shall otherwise be junior only to Permitted Liens, 14 (13) senior in all respects <br />to the other Prepetition Liens on DIP Collateral, (C) senior to any Adequate Protection <br />Liens on DIP Collateral and (D) not subordinate to any lien, security interest or mortgage <br />that is avoided and preserved for the benefit of the Debtors and their estates under section <br />551 of the Bankruptcy Code. The Prepetition Liens with respect to the Prepetition <br />Collateral shall be primed by and made subject and subordinate to the Carve -Out and the <br />DIP Priming Liens; <br />(iii) Liens Junior to Certain Other Liens. Pursuant to section 364(c)(3) <br />of the Bankruptcy Code, and subject and subordinate in all respects to the Carve -Out, a <br />valid, binding, continuing, enforceable, fully -perfected junior security interest in and lien <br />upon pre- and postpetition property of the Credit Parties that, on or as of the Petition <br />Date, is subject to valid, perfected and non -avoidable senior Permitted Liens or valid and <br />non -avoidable senior liens in existence immediately prior to the Petition Date that are <br />perfected subsequent to the Petition Date as permitted by section 546(b) of the <br />" Notwithstanding anything to the contrary in this Order, to the extent that Komatsu Financial Limited Partnership <br />and Caterpillar Financial Services Corporation have valid, binding, enforceable, properly perfected, and unavoidable <br />firs) priority security interests in their respective collateral, those security interests constitute Permitted Liens that <br />are not primed by ule DIP Priming Liens. <br />30 <br />NY 78179867 <br />NY 781798a7 <br />NY 79179867 <br />eM1-73414139.2 <br />NY 78179857 <br />