Common use of No Order of Bankruptcy Clause in Contracts

No Order of Bankruptcy. No order of the Bankruptcy Court shall have been entered (i) authorizing the Credit Parties to borrow money pursuant to section 364 of the Bankruptcy Code from any Person (other than the Lenders pursuant to this Agreement or otherwise) or to obtain any other credit from any Person secured by a Lien on any of the assets of the Credit Parties pursuant to sections 364(c) or (d) of the Bankruptcy Code, or (ii) affording any creditor adequate protection under sections 361 through 364 of the Bankruptcy Code by granting a Lien in any Collateral, unless the Lenders consent to such a Lien or such Lien is junior and expressly subordinated in all respects to the Liens of the Administrative Agent in the Collateral.

No Order of Bankruptcy. No order of the Bankruptcy Court shall have been entered (i) authorizing the Credit Parties to borrow money pursuant to section 364 of the Bankruptcy Code from any Person (other than the Lenders pursuant to this Agreement or otherwise) or to obtain any other credit from any Person secured by a Lien on any of the assets of the Credit Parties pursuant to sections 364(c) or (d) of the Bankruptcy Code, or (ii) affording any creditor adequate protection under sections 361 through 364 of the Bankruptcy Code by granting a Lien in any Collateral, unless the Lenders consent to such a Lien or such Lien is junior and expressly subordinated in all respects to the Liens of the Administrative Collateral Agent in the Collateral.