Common use of Cash Management Order Clause in Contracts

Cash Management Order. The Bankruptcy Court shall have entered a cash management order in form and substance acceptable to the Majority Lenders in their sole discretion, and such order shall be in full force and effect and shall not have been stayed, vacated, reversed, amended or otherwise modified without the prior written consent of the Majority Lenders in their sole discretion.

Appears in 2 contracts

Samples: Possession Credit Agreement, Possession Credit Agreement

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Cash Management Order. The Bankruptcy Court shall have entered a cash management order in form and substance acceptable to the Majority Required Lenders in their sole discretiondiscretion no later than three (3) days after the Petition Date, and such order shall be in full force and effect and shall not have been stayed, vacated, reversed, amended or otherwise modified without the prior written consent of the Majority Required Lenders in their sole discretion.

Appears in 1 contract

Samples: Credit Agreement

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Cash Management Order. The Bankruptcy Court shall have entered a cash management order the Cash Management Order (which shall be in form and substance acceptable reasonably satisfactory to the Majority Lenders in their sole discretionDIP Agent and the Required DIP Lenders), and such order which Cash Management Order shall be in full force and effect and shall not have been stayed, vacated, reversed, modified, amended or otherwise modified without the prior written consent of the Majority Lenders in their sole discretionstayed.

Appears in 1 contract

Samples: Possession Credit Agreement (Valaris PLC)

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