Common use of Validity of orders Clause in Contracts

Validity of orders. the Interim Borrowing Order shall cease to be in full force and effect and the Final Borrowing Order shall not have been entered or deemed to have been entered prior to such cessation, or the entry of the Final Borrowing Order shall not have occurred within 45 days after the Petition Date or the Final Borrowing Order shall cease to be in full force and effect, or the Borrower’s authority to borrow funds or use cash collateral hereunder or under the Interim Borrowing Order and Final Borrowing Order, as applicable, shall have otherwise terminated; or

Appears in 4 contracts

Samples: Senior Secured Debtor in Possession Credit Agreement (Accuride Corp), Convertible Notes Commitment Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp)

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