Borrowing Order definition

Borrowing Order shall include the Interim Borrowing Order and the Final Borrowing Order, as applicable.

Borrowing Order means an order, in form attached as EXHIBIT B hereto or otherwise satisfactory to the Agents, entered in the Reorganization Cases, which order authorizes the creation of the credit facilities contemplated by this Agreement, as such order may from time to time be amended with the written consent of the Agents, the Co-Lead Arrangers and the Required Lenders. The term "Borrowing Order" shall include the Interim Borrowing Order and the Final Borrowing Order, as applicable.

Borrowing Order means an order of the Court entered in the Chapter 11 Cases after a final hearing under Bankruptcy Rules 4001(c)(2) and 4001(d) in the form attached hereto as Exhibit J with any modifications thereto on or prior to the entry thereof as are approved by the Administrative Agent and the Syndication Agent in their exclusive discretion, as the same may thereafter be amended, supplemented or otherwise modified from time to time with the express written consent or joinder of the Required Lenders.

Examples of Borrowing Order in a sentence

• The Final Borrowing Order is in full force and effect and has not been stayed by the Bankruptcy Court or any other court of competent jurisdiction and has not been reversed, vacated or otherwise modified after the entry thereof.

• Subject to compliance with the Final Borrowing Order and any applicable provisions of the Bankruptcy Code, each Loan Party has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement").

• The Interim Borrowing Order shall have been entered by the Bankruptcy Court on or prior to 5:00 P.M. (New York City time) no later than the fifth (5th) Business Day after the Petition Date.

• The Interim Borrowing Order or (when entered) the Final Borrowing Order shall be in full force and effect and shall not have been stayed, reversed, amended, modified or vacated without the consent of the Instructing Group.

• Upon entry by the Bankruptcy Court of the Interim Borrowing Order (or the Final Borrowing Order when applicable), each of the Loan Documents has been duly executed and delivered by each Loan Party thereto and is the legal, valid and binding obligation of each Loan Party thereto, enforceable against such Loan Party in accordance with its terms and the terms of the Interim Borrowing Order (or the Final Borrowing Order when applicable).

More Definitions of Borrowing Order

Borrowing Order. An order (in form and substance acceptable to the Lender in its reasonable discretion) entered by the Bankruptcy Court in the Bankruptcy Case, which shall not have been stayed, modified in an adverse manner (as determined by the Lender in its reasonable discretion), or appealed from by any party in interest.

Borrowing Order means an order entered by the Bankruptcy Court substantially in the form of, and containing the provisions set forth in Exhibit C (or such other form and provisions as may be reasonably acceptable to the Lender), which, among other matters but not by way of limitation, (i) authorizes the Loan Parties to obtain credit, incur (or guaranty) Obligations, grant Liens under this Agreement, the other Loan Documents, and the DIP Order(s) and otherwise perform their obligations under this Agreement and the other Loan Documents and (ii) provides for the super priority of the Lender’s claims (subject to the Professional Fee Carve Out, and, with respect to Bank of America, to the extent set forth in the Sale Order).

Borrowing Order means an order entered by the Bankruptcy Court in the Proceedings in such form as is agreed to by the Agents in their reasonable discretion.

Borrowing Order means each of the Interim Financing Order, Permanent Financing Order and other orders relating thereto authorizing, inter alia, the granting of credit by Lender to Debtor on an emergency, interim, permanent or final basis pursuant to Section 364 of the Bankruptcy Code, as may be entered by the Bankruptcy Court in the Proceedings. In all respects, all Borrowing Orders must be satisfactory to Lender and Lender's counsel.

Borrowing Order. The Interim Borrowing Order or the Final Borrowing Order, whichever is then in effect.

Borrowing Order means the interim financing order and such further interim, final and/or supplemental orders relating thereto or authorizing the granting of credit by the Lender to the Borrower pursuant to Section 364 of the Bankruptcy Code (as such Order may from time to time be amended with the written consent of the Lender and the Borrower).

Borrowing Order. An order entered by the Bankruptcy Court in the Proceedings in substantially the form annexed hereto as EXHIBIT 1-2 (or such other form as is acceptable to the Agent in its reasonable discretion), which shall not have been stayed, modified in an adverse manner, as determined by the Agent in its reasonable discretion, or appealed (if the Agent determines in its reasonable discretion, after designation of the issues on appeal, that such appeal could reasonably affect the value of the Collateral or the Agent's or Lenders' ability to realize upon the Collateral).