Good Cause Shown. Good cause has been shown for entry of this Interim Order. The ability of the Debtors to obtain sufficient working capital and liquidity under the DIP Loan Documents is vital to the Debtors’ estates and creditors. The liquidity to be provided under the DIP Loan Documents will enable the Debtors to continue to operate their businesses in the ordinary course and preserve the value of the Debtors’ assets. Among other things, entry of this Interim Order is necessary to maximize the value of the Debtors’ assets and to avoid immediate and irreparable harm to the Debtors and their estates, and, accordingly, is in the best interests of the Debtors, their estates and their stakeholders. Based on this Motion, the First Day Declaration, the Jefferies Declaration, and the record presented to the Court at the Interim Hearing, the terms of the DIP Credit Agreement pursuant to this Interim Order and the DIP Loan Documents are fair and reasonable, reflect the Debtors’ exercise of their prudent business judgment consistent with their fiduciary duties, and constitute reasonably equivalent value and fair consideration.
Good Cause Shown. If good cause is shown, the request for a change in representation or for a personal hearing will be honored. Any pertinent evidence submitted by the appellant or representative will be accepted, subject to the requirements of paragraph (c) of this section if a simultaneously contested claim is involved.
