No Discharge; Survival of Claims. Each of the Credit Parties agrees that (a) the Obligations hereunder shall not be discharged by the entry of an order confirming a Reorganization Plan in any Chapter 11 Case (and each of the Credit Parties, pursuant to Section 1141(d)(4) of the Bankruptcy Code, hereby waives any such discharge) and (b) the superpriority administrative claims granted to Agent and Lenders pursuant to the Interim Financing Order and Final Financing Order and described in Section 2.8, and the Liens granted to Agent pursuant to the Financing Orders and the other Security Documents and described in Section 2.8, shall not be affected in any manner by the entry of an order confirming a Reorganization Plan in any Chapter 11 Case.
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Samples: Credit Agreement (Wellman Inc), Credit Agreement (BMC Industries Inc/Mn/)
No Discharge; Survival of Claims. Each The Borrower and each of the Credit other Loan Parties agrees that (a) the Obligations hereunder shall not be discharged by the entry of an order confirming a Reorganization Plan in any Chapter 11 Case (and the Borrower and each of the Credit other Loan Parties, pursuant to Section 1141(d)(4) of the Bankruptcy Code, hereby waives any such discharge) and (b) the superpriority administrative claims claim granted to Agent and Lenders the Lender pursuant to the Interim Financing Order and Final DIP Financing Order and described in Section 2.8, 2.10 and the Liens granted to Agent the Lender pursuant to the DIP Financing Orders and the other Security Documents Order and described in Section 2.8, 9.01 shall not be affected in any manner by the entry of an order confirming a Reorganization Plan in any Chapter 11 CaseCases.
Appears in 2 contracts
Samples: Credit and Security Agreement (Ata Holdings Corp), Credit and Security Agreement
No Discharge; Survival of Claims. Each Borrower and each of the other Credit Parties agrees that (a) the Obligations hereunder shall not be discharged by the entry of an order confirming a Reorganization Plan plan of reorganization in any Chapter 11 Case (and Borrower and each of the other Credit Parties, pursuant to Section 1141(d)(4) of the Bankruptcy Code, hereby waives any such discharge) and (bii) the superpriority administrative claims claim granted to Agent and Lenders pursuant to the Interim Financing Order and Final Financing Order and described in Section 2.8, 1.18 and the Liens granted to Agent pursuant to the Financing Orders Interim Order and the other Security Documents Final Order and described in Section 2.8, 1.18 shall not be affected in any manner by the entry of an order confirming a Reorganization Plan plan of reorganization in any Chapter 11 Case.
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No Discharge; Survival of Claims. Each Borrower and each of the other Credit Parties agrees that (a) the Obligations hereunder shall not be discharged by the entry of an order confirming a Plan of Reorganization Plan in any Chapter 11 Case (and Borrower and each of the other Credit Parties, pursuant to Section 1141(d)(4) of the Bankruptcy Code, hereby waives any such discharge) and (b) the superpriority administrative claims claim granted to Agent and Lenders pursuant to the Interim Financing Order and Final Financing Order and described in Section 2.8, 2.21 and the Liens granted to Agent pursuant to the Financing Orders Interim Order and the other Security Documents Final Order and described in Section 2.8, 2.21 shall not be affected in any manner by the entry of an order confirming a Plan of Reorganization Plan in any Chapter 11 Case.
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