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GENERAL50076
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Last modified
8/24/2016 8:30:12 PM
Creation date
11/23/2007 5:38:56 PM
Metadata
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Template:
DRMS Permit Index
Permit No
M1977376
IBM Index Class Name
General Documents
Doc Name
MOTION OF DEBTORS FOR ORDER AUTHORIZING FINANCING GRANTING SENIOR LIENS & PRIORITY ADMINISTRATIVE E
Media Type
D
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<br />vacated with respect to the creation, perfection, implementation, <br />and enforcement of Congress' postpetition security interests in <br />and liens upon the Collateral. <br />(5) No expenses of administration of Debtors' <br />Chapter 11 cases or any <br />result from such cases, <br />other proceedings under <br />against the Collateral, <br />Bankruptcy Code or othe <br />of Congress. <br />future proceeding or case which may <br />including liquidation in bankruptcy or <br />the Bankruptcy Code, shall be charged <br />pursuant to it U.S.C. § 506(c) of the <br />rwise, without the prior written consent <br />(6) Except for sales of inventory in the <br />ordinary course of their respective businesses, Debtors shall not <br />sell, transfer, lease, encumber, or otherwise dispose of any of <br />the property of their respective estates without the prior <br />written consent of Congress. <br />(7) In the event of (i) the failure of Debtors <br />to fully perform any of their respective obligations as provided <br />in the Financing Order, (ii) the occurrence of any "Event of <br />Default" under the Financing Agreements, (iii) the termination or <br />non-renewal of the Financing Agreements as provided for therein <br />or herein, (iv) appointment of a Trustee or other fiduciary for <br />any of Debtors or the property of the estates of any of Debtors, <br />(v) conversion of the Chapter 11 case of any of Debtors to a case <br />under Chapter 7 of the Bankruptcy Code, (vi) dismissal of the <br />Chapter 11 case of any of Debtors or any subsequent case under <br />Chapter 7 of the Bankruptcy Code as to any of Debtors, or (vii) <br />12 <br />
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