Remedies Notice Period definition

Remedies Notice Period has the meaning set forth in Section 7.02.
Remedies Notice Period shall have the meaning assigned to such term in the DIP Order.
Remedies Notice Period has the meaning specified in the Interim Order (or Final Order, when applicable).

Examples of Remedies Notice Period in a sentence

  • During the Remedies Notice Period, any party in interest shall be entitled to seek an emergency hearing with this Court for the purpose of contesting a Termination, including whether a Termination Event has occurred and/or is continuing.

  • With respect to the DIP Collateral, following the Termination Declaration but subject to the Remedies Notice Period, the DIP Agent and the DIP Lenders may exercise all rights and remedies available to them under the DIP Loan Documents or applicable law against the DIP Collateral.

  • Upon the earlier of the (i) payment in full in cash of the DIP Obligations and all bank product obligations having been cash collateralized in a manner and amount acceptable to the DIP Agent or (ii) conclusion of the Remedies Notice Period, the Debtors shall deposit $500,000 into an indemnity account (the “ Indemnity Account”) subject to first priorityliens of the DIP Agent, for the benefit of the DIP Lenders.

  • Following the termination of the Remedies Notice Period, the DIP Agent and the DIP Lenders may require the Debtors to seek authority from the Court to retain a professional acceptable to the DIP Agent and the DIP Lenders for the purpose of conducting a liquidation or “going out of business” sale and/or the orderly liquidation of the DIP Collateral and, if Debtors refuse to seek such authority, the DIP Agent and the DIP Lenders shall be entitled to seek such authority directly.

  • Unless the Court orders otherwise during the Remedies Notice Period, at the end of the Remedies Notice Period, the Debtors shall automatically, without further notice or order of the Court, no longer have the right to use Cash Collateral.


More Definitions of Remedies Notice Period

Remedies Notice Period has the meaning ascribed to it in the Orders, as applicable.
Remedies Notice Period shall have the meaning assigned to such term in Section 8.01.
Remedies Notice Period as defined in Section 8.1.
Remedies Notice Period has the meaning specified in the Final Order.
Remedies Notice Period means the period commencing on the date a Termination Declaration is delivered pursuant to Section 8.01 and ending on the date that is five (5) Business Days thereafter.
Remedies Notice Period shall have the meaning assigned to such term in the Interim Financing Order or, after entry thereof, the Final Financing Order.
Remedies Notice Period has the meaning specified therefor in paragraph [33(b)] of the Final Financing Order.