First Day Declaration definition
Examples of First Day Declaration in a sentence
As explained in the First Day Declaration,8 the Debtors’ equity holders include (among others) Airbus, Qualcomm, and SoftBank (each as defined in the First Day Declaration).
As set forth in the First Day Declaration and the Jefferies Declaration, after considering all alternatives, the Debtors have concluded, in the exercise of their sound business judgment, that the DIP Facility represents the best financing available to them at this time.
Buyer's investigation of Property and the records shall be performed during reasonable business hours upon reasonable advance notice to Contributor.
As set forth in the DIP Declarations and the First Day Declaration, the Debtors, based on current circumstances, are unable to obtain financing or other financial accommodations on more favorable terms from sources other than the DIP Lender.
The Debtors are unable to obtain adequate unsecured credit allowable as an administrative expense under section 503 of the Bankruptcy Code, or other sufficient financing under sections 364(c) of the Bankruptcy Code, on more favorable terms than those set forth in the DIP Loan Documents, based on the totality of the circumstances, as set forth in the First Day Declaration and the Jefferies Declaration.