Laserfiche WebLink
CMasd:2M&bR03W3 Dft 2393-IEilelFi BJIBM/2ffnt&3tL'WIHffiMSDA@:SDesbddain <br />Dfisbi *0 PRgg416mbV6r7 <br />C Vm&:2M6R a0=3 D(Dn¢3B13-IFilegMMM/2EntE )&=Mg M5CB42:10esi3"ain <br />CCchiltext PRggt60bbT97 <br />Prepetition Debt and the Prepetition Liens on the Prepetition Collateral shall not be subject to <br />any other or further claim or challenge by the Creditors' Committee, or any other party in <br />interest acting or seeking to act on behalf of the Debtors' estates, including, without limitation, <br />any successor thereto (including, without limitation, any chapter 7 trustee or chapter I I trustee or <br />examiner appointed or elected for any of the Debtors) and any defenses, claims, causes of action, <br />counterclaims and offsets by any Creditors' Committee, if any, or any other party acting or <br />seeking to act on behalf of the Debtors' estates, including, without limitation, any successor <br />thereto (including, without limitation, any chapter 7 trustee or chapter I I trustee or examiner <br />appointed or elected for any of the Debtors), whether arising under the Bankruptcy Code or <br />otherwise, against any of the Prepetition Secured Parties and their Representatives arising out of <br />or relating to any of the Prepetition Credit Documents shall he deemed forever waived, released <br />and barred. If any such Challenge is timely filed prior to a Challenge Deadline, the stipulations, <br />admissions, agreements and releases contained in this Final Order, including, without limitation, <br />those contained in paragraph 7 of this Final Order, shall nonetheless remain binding and <br />preclusive (as provided in the second sentence of this paragraph) on all parties in interest (other <br />than the party that has brought such Challenge in connection therewith, and then only with <br />respect to the stipulations, admissions, agreements and releases that are subject to the Challenge <br />and not to any stipulations, agreements, admissions and releases not subject to the Challenge) <br />except to the extent that such stipulations, admissions, agreements and releases were expressly <br />and successfully challenged in such Challenge as set forth in a final, non -appealable order of a <br />court of competent jurisdiction. Nothing in this Final Order vests or confers on any Person (as <br />defined in the Bankruptcy Code), including any Creditors' Committee, standing or authority to <br />60 <br />NY ]9179867 <br />484 7341-0439.2 <br />NY 7817-7 <br />CSasd:fa1b"00"3 D&n¢3B3-Eileg;MMM/2EnteBILI tMMMSBA8:1Des9Main <br />C6a:hlhbrR PRgg1882)b987 <br />DIP Agents against, and binding upon, each landlord party thereto. Any title, landlord's lien, <br />right of distraint or levy, security interest or other interest that any landlord or mortgagee may <br />have in any DIP Collateral or Prepetition Collateral of the Debtors located on such leased <br />premises, to the extent the same is not avoidable under sections 544, 545, 547, 548, 549, 550, or <br />552 of the Bankruptcy Code, applicable non -bankruptcy law or otherwise, is hereby expressly <br />subordinated to the liens of the DIP Secured Parties and the Prepetition Secured Parties. <br />(b) Without limiting any other rights or remedies of the DIP Agents or the <br />other DIP Secured Parties set forth in this Final Order, the DIP Documents, or otherwise <br />available at law or in equity, and subject to the terms of the DIP Documents, upon three (3) <br />business days' written notice to counsel to the Debtors and any landlord, lienholder, licensor, or <br />other third party owner of any leased or licensed premises or intellectual property, after the <br />expiration of the Remedies Notice Period, that an Event of Default has occurred and is <br />continuing, the DIP Agents, (i) may, unless otherwise expressly provided in any separate <br />agreement by and between the applicable landlord or licensor and the DIP Agents, enter upon <br />any leased or licensed premises of the Debtors for the purpose of exercising any remedy with <br />respect to DIP Collateral located thereon, and (ii) shall be entitled to all of the Debtors' rights <br />and privileges as lessee or licensee under the applicable license and to use any and all <br />trademarks, trade names, copyrights, licenses, patents, or any other similar assets of the Debtors, <br />which are owned by or subject to a lien of any third party and which are used by Debtors in their <br />businesses, without unreasonable interference from landlords, lienholders, or licensors <br />thereunder; provided, however, that the DIP Agents (on behalf of the DIP Lenders) shall pay <br />only rent and additional rent, fees, royalties, or other monetary obligations of the Debtors that <br />pursue any claim or cause of action belonging to the Debtors or their estates with respect to a <br />Second Period Challenge. Any Standing Motion shall attach a draft complaint or other pleading <br />that sets forth such Challenge, and any Challenge not included therein shall be deemed forever <br />waived, released, and barred. For the avoidance of doubt, none of the foregoing challenge <br />provisions set forth in this paragraph shall apply to any DIP Secured Party, in their capacities as <br />such, and in no event shall the DIP Facility, DIP Obligations or DIP Liens be subject to <br />challenge pursuant to this paragraph on avoidance or any other grounds by any party. <br />28. Postpetition Release. In addition, notwithstanding anything to the contrary set <br />forth herein, upon the repayment of all DIP Obligations owed to the DIP Agents and the DIP <br />Secured Parties by the Debtors and termination of the rights and obligations arising under the <br />DIP Documents (which payment and termination shall be on terms and conditions acceptable to <br />the DIP Agents), the DIP Agents and the DIP Lenders shall be released from any and all <br />obligations, liabilities, actions, duties, responsibilities and causes of action arising or occurring, <br />on or prior to the date of such repayment and termination, in connection with or related to the <br />DIP Documents, or the Interim Order (including without limitation any obligation or <br />responsibility (whether direct or indirect, absolute or contingent, due or not due, primary or <br />secondary, liquidated or unliquidated) to pay or otherwise fund the Carve -Out on terms and <br />conditions acceptable to the DIP Agents). <br />29. Landlord Agreements; Access. <br />(a) All collateral access agreements to which the Prepetition Collateral Agent <br />is a party shall hereby continue to be deemed to be amended to include the DIP Agents as a <br />beneficiary thereunder, and such agreements shall thereafter be additionally enforceable by the <br />61 <br />NY )817986] <br />4814-Ta41d439.1 <br />NY )8179861 <br />CQ&s@:2DbRA2l3 13 D&mR3M3-EilegiMMME/2Entfrw& lISg MSU AO:1DesDMain <br />DBxbil*sk PRgg"3rbT97 <br />first arise after the written notice referenced above from the DIP Agents and that accrue during <br />the period of such occupancy or use by DIP Agents calculated on a per diem basis. For the <br />avoidance of doubt, (A) all of the Debtors' obligations under any applicable lease or license shall <br />not be affected, limited, or otherwise modified by the rights granted to the DIP Agents pursuant <br />to this paragraph and (B) any affected landlords, lienholders, and/or licensors shall retain all <br />remedies available under applicable non -bankruptcy law. Nothing herein shall require the <br />Debtors, the DIP Agents or the other DIP Secured Parties, to assume any lease or license under <br />Bankruptcy Code section 365(a) as a precondition to the rights afforded to the DIP Agents and <br />the other DIP Secured Parties herein. <br />30. Master Proojoj Claim. The Prepetition Agent shall not be required to file proofs <br />of claim in the Chapter I Cares or any successor case in order to assert claims on behalf of <br />itself and the applicable Prepetition Secured Parties for payment of the applicable Prepctition <br />Debt arising under the applicable Prepetition Credit Documents, nor shall any other Prepetition <br />Secured Party be required to file any proofs of claim in the Chapter I 1 Cases or any successor <br />case in order to assert claims on behalf of itself for payment of the Prepetition Debt arising under <br />the Prepetition Credit Documents. The statements of claim in respect of the Prepetition Debt set <br />forth in this Final Order, together with any evidence accompanying the Motion and presented at <br />the Hearings, are deemed sufficient to and do constitute proofs of claim in respect of such debt <br />and such secured status. However, in order to facilitate the processing of claims, to ease the <br />burden upon the Court and to reduce an unnecessary expense to the Debtors' estates, the <br />Prepetition Agent is authorized to file in the Debtors' lead chapter 11 case, In re Hopedole <br />Mining LLC, et al., Case No. 20-12043, a single, master proof of claim on behalf of the relevant <br />62 <br />NY 78179$67 <br />4844-7341-8439.2 <br />NY 78179897 <br />NY 78179867 <br />4844-7ar1- 139.2 <br />NY 78179867 <br />63 <br />