Common use of Bankruptcy Orders Clause in Contracts

Bankruptcy Orders. (a) On and after the entry of the Interim Financing Order and prior to the entry of the Final DIP Order, the Interim Financing Order is in full force and effect, and has not been reversed, vacated, stayed or modified, and on and after the entry of the Final DIP Order, the Final DIP Order is in full force and effect, and has not been reversed, vacated, stayed or modified, in each case, without the prior written consent of the Lead Lenders. (b) No order has been entered in the Chapter 11 Cases (i) for the appointment of a Chapter 11 trustee, (ii) for the appointment of an examiner with enlarged powers (beyond those set forth in Sections 1106(a)(3) and (4) of the Bankruptcy Code) under Section 1106(b) of the Bankruptcy Code or (iii) to convert any Chapter 11 Case to a case under Chapter 7 of the Bankruptcy Code or to dismiss any Chapter 11 Case, in each case, without the prior written consent of the Lead Lenders.

Appears in 2 contracts

Samples: Restructuring Support Agreement (Warren Resources Inc), Restructuring Support Agreement (Warren Resources Inc)

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Bankruptcy Orders. (a) On and after the entry of the Interim Financing Order and prior to the entry of the Final DIP Order, the Interim Financing Order is in full force and effect, and has not been reversed, vacated, stayed or modified, and on and after the entry of the Final DIP Order, the Final DIP Order is in full force and effect, and has not been reversed, vacated, stayed or modified, in each case, without the prior written consent of the Lead Majority Backstop Lenders. (b) No order has been entered in the Chapter 11 Bankruptcy Cases (i) for the appointment of a Chapter 11 trustee, (ii) for the appointment of an examiner with enlarged powers (beyond those set forth in Sections 1106(a)(3) and (4) of the Bankruptcy Code) under Section 1106(b) of the Bankruptcy Code or (iii) to convert any Chapter 11 Case Bankruptcy Cases to a case under Chapter 7 of the Bankruptcy Code case or to dismiss any Chapter 11 Bankruptcy Case, in each case, without the prior written consent of the Lead Majority Backstop Lenders.

Appears in 2 contracts

Samples: Debt Agreement (Swift Energy Co), Debt Agreement (Swift Energy Co)

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Bankruptcy Orders. (a) On and after the entry of the Interim Financing Order and prior to the entry of the Final DIP Order, the Interim Financing Order is in full force and effect, and has not been reversed, vacated, stayed or modifiedmodified or subject to appeal, and on and after the entry of the Final DIP Order, the Final DIP Order is in full force and effect, and has not been reversed, vacated, stayed or modified, in each case, without the prior written consent of the Lead Lendersmodified or subject to appeal. (b) No order has been entered in the Chapter 11 Bankruptcy Cases (i) for the appointment of a Chapter 11 trustee, (ii) for the appointment of an examiner with enlarged powers (beyond those set forth in Sections 1106(a)(3) and (4) of the Bankruptcy Code) under Section 1106(b) of the Bankruptcy Code or (iii) to convert any Chapter 11 Case Bankruptcy Cases to a case under Chapter 7 of the Bankruptcy Code case or to dismiss any Chapter 11 Bankruptcy Case, in each case, without the prior written consent of the Lead Lenders.

Appears in 1 contract

Samples: Credit Agreement (Magnum Hunter Resources Corp)

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