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14. Debtor has attempted to obtain the issuance of <br />letters of credit on an unsecured basis. No lender has been <br />villing to issue irrevocable letters of credit for Debtor's <br />reclamation duties on an unsecured basis. <br />15. The proposed Financing Documents are the only <br />financing option available under the present emergency <br />Circumstances. The terms of this credit facility are reasonable <br />under the circumstances and are equivalent to the terms obtained <br />by Debtor prior to the commencement o! its chapter 11 casn. <br />Based on the Foregoing, the Court hereby <br />ORDERS: <br />A. The Verified Motion and the financing contemplated by <br />the Verified Motion and the Financing Documents are approved, <br />8. Debtor is authorized to renev the Letter of Credit on <br />the terms set forth in the Verified Motion or presented in the <br />hearing on the Verified Motion. <br />C. Debtor is authorized to execute the Financing <br />Documents. <br />D. The security provisions "set forth in the Verified <br />Motion and in the Financing Documents are approved. <br />E. The requirements of 11 U.S.C. ; 364 (e) have been met. <br />DATED this ~ day o! November, 1990. <br />TBE COURT: <br />orabla Judith A. BOUl'flen <br />ted States Bankruptcy Judge <br />5 <br />