Adequate Protection Provisions definition

Adequate Protection Provisions means the provisions in paragraph 13 and 14 of the First Interim DIP Order, the Second Interim DIP Order or the Final DIP Order, as applicable, or any similar provisions therein or in another order entered by the Bankruptcy Court, providing for adequate protection to the Prepetition Senior Loan Debt and Prepetition Term Loan Debt.
Sample 1
Adequate Protection Provisions means the provisions in paragraph 16 of the Final DIP Order (or as superseded by further order of the Bankruptcy Court with respect to adequate protection, as applicable), providing for adequate protection to the Prepetition Secured Parties (as defined in the Final DIP Order).
Sample 1
Adequate Protection Provisions the provisions in the Interim DIP Order or, once entered, in the Final DIP Order, granting adequate protection to the Prepetition Secured Parties.
Sample 1

Examples of Adequate Protection Provisions in a sentence

  • There exists an immediate need for the Issuers to access the Initial Draw Amount and to use Cash Collateral, in each case, to fund operations (including the businesses of the Non-Debtor Foreign Subsidiaries), to pay costs and expenses associated with the DIP Facility and the Chapter 11 Cases, meet their allocation of payroll and other necessary business expenditures, satisfy the Adequate Protection Provisions (as defined below) and administer and preserve the value of their estates.

  • All allowed claims payable in cash arising from the Adequate Protection Provisions must be indefeasibly paid in full in cash and satisfied on or before the effective date of any chapter 11 plan (except as may otherwise be provided in such chapter 11 plan).

  • Under the circumstances and given that the Adequate Protection Provisions are consistent with the Bankruptcy Code, the Bankruptcy Court finds that such adequate protection is reasonable to protect the interests of the Prepetition Secured Parties.

  • An Event of Default for purposes of this Stipulation and Agreed Entry shall include, but not be limited to: (i) failure of Platinum to comply with any of the Adequate Protection Provisions, reporting or other obligations set forth herein, or (ii) failure by Platinum to comply with any of the terms of this Stipulation and Agreed Entry.

  • For these reasons, the section 506(c) waiver is appropriate and should be approved under the circumstances.H. Proposed Adequate Protection Provisions are Appropriate, Reasonable and Justified.

  • Notwithstanding any other provision hereof, the grant of adequate protection to the Lenders in the form of the Adequate Protection Provisions is without prejudice to the right of any Lender to seek modification of the grant of adequate protection provided hereby so as to provide different or additional adequate protection, upon proper notice and without prejudice to the right of the Debtors or any other party to contest such modification.

  • The Cash Collateral Motion complies with Federal Rule of Bankruptcy Procedure 4001 and Southern District of Indiana Local Rule B-4001-2.Based upon the foregoing stipulations and agreements of Platinum and the Bank and good and sufficient cause appearing therefor, the Court hereby approves the Stipulation and the Adequate Protection Provisions.

  • As such, while the RSA and Cash Collateral Order are a “necessary step toward, or building block of, a plan of reorganization,” they are not themselves a sub rosa plan.50 Finally, the Objectors have not identified a single case in which a court has held that a restructuring support agreement or order granting the use of Cash Collateral constitute in and of themselves a sub rosa plan.V. The Adequate Protection Provisions of the Cash Collateral Order Are Appropriate and Should be Approved.

  • The ACSC has requested an award of £40,493 to refurbish the groundman’s store and £57,872 toward reinstating the cricket nets, making a total contribution £98,815 toward Stages 3 and 4.

  • At the moment only two of these simulations are available for 6ka.


More Definitions of Adequate Protection Provisions

Adequate Protection Provisions means the provisions in paragraphs 12 and 13 of the Interim Order or the Final Order, as applicable, providing for adequate protection to the Prepetition Senior Loan Lenders.
Sample 1
Adequate Protection Provisions means those provisions in the Interim Borrowing Order and the Final Borrowing Order providing Prepetition Lenders the adequate protection set forth therein.
Sample 1

Related to Adequate Protection Provisions

  • Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness.

  • Adequate security means protective measures that are commensurate with the consequences and probability of loss, misuse, or unauthorized access to, or modification of information.

  • adequate information means information of a kind, and in sufficient detail, as far as is reasonably practicable in light of the nature and history of the debtor and the condition of the debtor’s books and records, including a discussion of the potential material Federal tax consequences of the plan to the debtor, any successor to the debtor, and a hypothetical investor typical of the holders of claims or interests in the case, that would enable such a hypothetical investor of the relevant class to make an informed judgment about the plan . . . .

  • Subordination Provisions has the meaning specified in Section 8.01(l).

  • Interest Rate Protection Agreements means any interest rate swap agreement, interest rate cap agreement, synthetic cap, collar or floor or other financial agreement or arrangement designed to protect Guarantor or any Consolidated Subsidiary against fluctuations in interest rates or to reduce the effect of any such fluctuations.

  • Rate Protection Agreement means, collectively, any agreement with respect to Hedging Obligations entered into by the Borrower or any of its Subsidiaries under which the counterparty of such agreement is (or at the time such agreement was entered into, was) a Lender or an Affiliate of a Lender.

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.

  • Adequate Assurance means:

  • Restrictive Covenant Agreements is defined in the Recitals.

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • Adequate Country means a country or territory that is recognized under EU Data Protection Laws as providing adequate protection for Personal Data;

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Information Disclosure Requirements means the requirements to disclose information under:

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Confidentiality Agreements has the meaning set forth in Section 5(d).

  • Interest Rate Protection Obligations means the obligations of any Person pursuant to any Interest Rate Protection Agreements.

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Financial Agreement means an agreement that meets the

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Affirmative Covenants The following affirmative covenants, among others, if any, to be negotiated in the Senior Facilities Documentation, will apply (to be applicable to the Borrower and its restricted subsidiaries), subject to customary (consistent with the Documentation Precedent) and other baskets, exceptions and qualifications to be agreed upon: maintenance of corporate existence and rights; performance and payment of obligations; delivery of annual and quarterly consolidated financial statements (accompanied by customary management discussion and analysis and (annually) by an audit opinion from nationally recognized auditors that is not subject to any qualification as to scope of such audit or going concern) (other than solely with respect to, or resulting solely from an upcoming maturity date under any series of indebtedness occurring within one year from the time such opinion is delivered) (with extended time periods to be agreed for delivery of the first annual and certain quarterly financial statements to be delivered after the Closing Date) and an annual budget (it being understood that the public REIT reporting that includes the Borrower shall satisfy the Borrower’s reporting obligations so long as it includes a consolidating income statement and balance sheet for the Borrower); delivery of notices of default and material adverse litigation, ERISA events and material adverse change; maintenance of properties in good working order; maintenance of books and records; maintenance of customary insurance; commercially reasonable efforts to maintain ratings (but not a specific rating); compliance with laws; inspection of books and properties; environmental; additional guarantors and additional collateral (subject to limitations set forth under the captions “Guarantees” and “Security”); further assurances in respect of collateral matters; use of proceeds; and payment of taxes.

  • Restrictive Covenants means the restrictive covenants contained in Section 13(c) hereof.

  • restrictive practice means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bidding Process.

  • Adequate Assurance of Performance has the meaning given to it in Section 10.3.

  • Further Competition Procedure means the further competition procedure described in paragraph 3 of Framework Schedule 5 (Call Off Procedure);

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;