Limitation on Use of Collateral. The Debtors shall use the proceeds of the Prepetition Collateral solely as provided in this Interim Order. Notwithstanding anything herein or in any other order of the Court to the contrary, and subject to the Carve Out, no Cash Collateral may be used to: (a) object, contest, or raise any defense to, the validity, perfection, priority, extent, or enforceability of the Prepetition Indebtedness, the Prepetition Liens, or the liens or claims granted under this Interim Order; (b) assert any Claims and Defenses against The Collateral Agent or any of the Prepetition Secured Parties or their respective agents, affiliates, representatives, attorneys, or advisors; (c) seek to modify any of the rights granted to the Collateral Agents and the Prepetition Secured Parties hereunder, or (d) pay any amount on account of any claims arising prior to the Petition Date unless such payments are approved by an order of the Court, provided that, notwithstanding anything to the contrary herein, no more than $10,000 in the aggregate of the Prepetition Collateral or the Carve Out may be used by any Committee to investigate the validity, enforceability or priority of the Prepetition Indebtedness or the Prepetition Liens, or investigate any Claims and Defenses or other causes action against the Collateral Agent or any of the Prepetition Secured Parties.
Limitation on Use of Collateral. The Collateral is not, and shall not be, used or bought for personal, family or household purposes.
Limitation on Use of Collateral. No Prepetition Collateral or collateral granted pursuant to paragraph 7 herein (the “Collateral”), or the Carve Out may be used to: (a) object, contest or raise any defense to, the validity, perfection, priority, extent or enforceability of any amount due under the Senior Note Documents or the liens or claims granted under this Interim Order or the Senior Notes Documents; (b) assert any Claims and Defenses (as defined below) against the Indenture Trustee or the Senior Noteholders or their respective agents, affiliates, subsidiaries, directors, officers, representatives, attorneys or advisors; or (c) seek to modify any of the rights granted to the Indenture Trustee or Senior Noteholders hereunder.
Limitation on Use of Collateral. The Debtors shall use the proceeds of the Prepetition Collateral (including the Cash Collateral) solely as provided in this Interim Order. Notwithstanding anything herein or in any other order of this Court to the contrary, no Collateral, Prepetition Collateral (including the Cash Collateral), the Carve Outs or any other assets of the Debtors’ estates now or hereafter acquired may be used to: (a) object, contest or raise any defense to, the validity, perfection, priority, or enforceability of any amount due under the Linn Secured Documentation, the Xxxxx Credit Facility Documentation, or the liens or claims granted under this Interim Order or the Linn Secured Documentation or Xxxxx Credit Facility Documentation; (b) assert any Claims and Defenses against the Administrative Agent, the Linn Second Lien Trustee, or the Prepetition Secured Parties or their respective agents, affiliates, subsidiaries, directors, officers, representatives, attorneys or advisors, subject to the Settlement Agreement and Approval Order, as applicable; (c) seek to modify any of the rights granted to the Administrative Agent, the Linn Second Lien Trustee, or the Prepetition Secured Parties hereunder, subject to the Settlement Agreement and Approval Order, or (d) pay any amount on account of any claims arising prior to the Petition Date unless such payments are approved by an order of this Court without objection from the Administrative Agent, provided, that, notwithstanding anything to the contrary herein, (i) the Xxxxx Carve Out may be used for allowed fees and expenses, in an amount not to exceed $40,000 in the aggregate (the “Xxxxx Investigation Fund”), incurred solely by the Committee, if appointed, to investigate the validity, enforceability or priority of the Debtor Stipulations related to the Prepetition Secured Xxxxx Liens set forth in paragraph 5 of this Interim Order and (ii) the Linn Carve Out may be used for allowed fees and expenses, in an amount not to exceed $75,000 in the aggregate (the “Linn Investigation Fund”), incurred solely by the Committee, if appointed, to investigate the validity, enforceability or priority of the Debtor Stipulations related to the Prepetition First Priority Linn Liens set forth in paragraph 5 of this Interim Order.
Limitation on Use of Collateral. Notwithstanding anything herein to the contrary, no Cash Collateral, Collateral or the Carve-Out (collectively, the "DESIGNATED ASSETS") may be used to object, contest or raise any defense to, the validity, perfection, priority, extent or enforceability of the Pre-Petition Debt or the liens securing the Pre-Petition Debt, or to assert any claims or causes of action against the Pre-Petition Secured Lenders or the Pre-Petition Agent, PROVIDED, HOWEVER, that Designated Assets in an amount not to exceed $100,000 in the aggregate may be utilized to pay allowed expenses of the Official Committee of Unsecured Creditors (the "COMMITTEE") appointed in these cases incurred in connection with the investigation or evaluation of the validity, perfection, priority, extent or enforceability of the Pre-Petition Debt or the liens securing the Pre-Petition Debt.
