No Direct Obligation To Pay Allowed Professional Fees. None of the DIP Agent, DIP Lenders, or the Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Professional Person incurred in connection with the Chapter 11 Cases or any successor cases under any chapter of the Bankruptcy Code. Nothing in this Interim Order or otherwise shall be construed to obligate the DIP Agent, the DIP Lenders, or the Prepetition Secured Parties, in any way, to pay compensation to, or to reimburse expenses of, any Professional Person or to guarantee that the Debtors have sufficient funds to pay such compensation or reimbursement.
Appears in 2 contracts
Samples: Restructuring Support Agreement (Venator Materials PLC), Restructuring Support Agreement (Extraction Oil & Gas, Inc.)
No Direct Obligation To Pay Allowed Professional Fees. None of the DIP Agent, DIP Lenders, or Lenders nor the Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Estate Professional Person incurred in connection with the these Chapter 11 Cases or any successor cases Successor Cases under any chapter of the Bankruptcy Code, regardless of whether such fees or expenses have been allowed by the Court. Nothing in this Interim Order or otherwise shall be construed to obligate the DIP Agent, the DIP Lenders, Lender or the Prepetition Secured Parties, in any way, to pay compensation to, or to reimburse expenses of, any Professional Person Estate Professionals or to guarantee that the Debtors have sufficient funds to pay such compensation or reimbursement.
Appears in 1 contract
Samples: Term Loan Credit Agreement (Airspan Networks Holdings Inc.)
No Direct Obligation To Pay Allowed Professional Fees. None of the DIP Agent, DIP Lenders, or Lender nor the Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Professional Person incurred in connection with the these Chapter 11 Cases or any successor cases Successor Cases under any chapter of the Bankruptcy Code, regardless of whether such fees or expenses have been allowed by the Court. Nothing in this Interim Order or otherwise shall be construed to obligate the DIP Agent, the DIP Lenders, Lender or the Prepetition Secured Parties, in any way, to pay compensation to, or to reimburse expenses of, any Professional Person Estate Professionals or to guarantee that the Debtors have sufficient funds to pay such compensation or reimbursement.
Appears in 1 contract
No Direct Obligation To Pay Allowed Professional Fees. None of the DIP Agent, DIP LendersSecured Parties, or the Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Professional Person incurred in connection with the Chapter 11 Cases or any successor cases Successor Cases under any chapter of the Bankruptcy Code. Nothing in this Interim Order or otherwise shall be construed to obligate the DIP Agent, the DIP Lenders, Secured Parties or the Prepetition Secured Parties, in any way, to pay compensation to, or to reimburse expenses of, any Professional Person or to guarantee that the Debtors have sufficient funds to pay such compensation or reimbursement.
Appears in 1 contract
Samples: Restructuring Support Agreement (Washington Prime Group, L.P.)