Superpriority Claims. Each Borrower Party hereby covenants, represents and warrants that, upon entry of the Interim Order (and the Final Order, as applicable), the Obligations will have superpriority administrative expense status as expressly set forth in the DIP Orders.
Appears in 2 contracts
Sources: Senior Secured Priming and Superpriority Debtor in Possession Credit Agreement, Senior Secured Priming and Superpriority Debtor in Possession Credit Agreement
Superpriority Claims. Each Borrower Party hereby covenants, represents and warrants that, upon entry of the Interim Order (and the Final DIP Order, as applicable), the Obligations will have superpriority administrative expense status as to the extent, and subject to the priorities and limitations expressly set forth in the DIP Orders.
Appears in 1 contract
Sources: Dip Credit Agreement