Common use of Interim DIP Order Clause in Contracts

Interim DIP Order. (i) The Bankruptcy Court shall have entered the Interim DIP Financing Order within five (5) days following the Petition Date, which Interim DIP Financing Order (1) shall be in full force and effect and in form and substance satisfactory to Administrative Agent and Initial Lender in their sole discretion, and (2) shall not have been reversed, modified, amended, stayed, vacated or subject to a stay pending appeal, without the prior written consent of Administrative Agent and Initial Lender and each Borrower shall be in compliance with such order.

Appears in 2 contracts

Samples: Dip Credit Agreement (Hospitality Investors Trust, Inc.), Restructuring Support Agreement (Hospitality Investors Trust, Inc.)

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Interim DIP Order. (i) The Interim DIP Order, substantially in the form of Exhibit J hereto, shall have been entered by the Bankruptcy Court within four (4) Business Days after the Petition Date and the Administrative Agent shall have entered the Interim DIP Financing Order within five (5) days following the Petition Datereceived a true and complete copy of such order, which Interim DIP Financing Order (1) and such order shall be in full force and effect and in form and substance satisfactory to Administrative Agent and Initial Lender in their sole discretion, and (2) shall not have been reversed, modified, amended, stayed, stayed or vacated or subject to a stay pending appeal, without the absent prior written consent of Administrative Agent the Required Lenders and Initial Lender and each Borrower shall be in compliance with such orderthe Agents.

Appears in 1 contract

Samples: Transaction Support Agreement (J Crew Group Inc)

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Interim DIP Order. (i) The Bankruptcy Court shall have entered the Interim DIP Financing Order within five (5) days Business Days following the Petition Date, which Interim DIP Financing Order (1) shall be in full force and effect and in form and substance satisfactory to Administrative Agent and Initial Lender in their sole discretioneffect, and (2) shall not have been reversed, modified, vacated or stayed and shall not have been amended, stayed, vacated supplemented or subject to a stay pending appeal, otherwise modified without the prior written consent of the Administrative Agent and Initial Lender and each Borrower shall be in compliance with such order.(at the direction of the Required Lenders). Section 5.02

Appears in 1 contract

Samples: Possession Credit Agreement (Appgate, Inc.)

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