Examples of CCAA Case in a sentence
The Company and the Consenting Holders further agree that this Agreement is not a financial accommodation contract that would be unenforceable under Section 365(c)(2) of the Bankruptcy Code, and each agrees not to take any contrary position in the Chapter 11 Case or the CCAA Case.
In addition, except as expressly provided herein, nothing herein is intended to, or does, in any manner, waive, limit, impair, or restrict the ability of the Company or any Consenting Holder to protect and preserve all of its rights, remedies, and interests, including, without limitation, with respect to its Subject Claims or any other claims, or with respect to such parties' full participation and role in the Chapter 11 Case or the CCAA Case.
Only to the extent a CCAA Case shall then be pending, the Canadian Interim Order shall have been issued by the Canadian Court on due and proper notice no later than four (4) Business Days following the date on which the CCAA Case shall have been commenced and shall be in form and substance acceptable to the Agent and the Majority Lenders and shall not have been appealed, stayed, reversed, or modified (except for such modifications as may be acceptable to the Agent and the Majority Lenders).
The Agent shall have Priming Liens on the Collateral of the Debtors, and the Majority Lenders (as defined in the Prepetition Credit Agreement) under the Prepetition Credit Agreement shall have consented to entry of the Interim Order and issuance of the Canadian Interim DIP Order (to the extent a CCAA Case shall then be pending) granting the Priming Liens.
To the extent a CCAA Case shall then be pending, allow the Administrative Charge and the Directors’ and Officers’ Charge to exceed, in the aggregate amount as shall be agreed to by the Agent, the Borrower, and the Majority Lenders and shall be approved by the Canadian Court.