Common use of Entry of the Orders Clause in Contracts

Entry of the Orders. The DIP Financing Order was entered by the Bankruptcy Court on December , 2005 and has not have been stayed, amended, vacated, reversed or rescinded in any respect. On the date of the making of the Loan, the DIP Financing Order will have been entered and will not have been amended, stayed, vacated or rescinded in any respect that is adverse to the Lender. Upon the maturity (whether by the acceleration or otherwise) of any of the Obligations of the Borrower and each Guarantor hereunder and under the other Loan Documents, the Lender shall, subject to the provisions of Section 8.02, be entitled to immediate payment of such Obligations, and to enforce the remedies provided for hereunder, without further application to or order by the Bankruptcy Court.

Entry of the Orders. The DIP Financing Order was entered by the Bankruptcy Court on December 14, 2005 and has not have been stayed, amended, vacated, reversed or rescinded in any respect. On the date of the making of the Loan, the DIP Financing Order will have been entered and will not have been amended, stayed, vacated or rescinded in any respect that is adverse to the Lender. Upon the maturity (whether by the acceleration or otherwise) of any of the Obligations of the Borrower and each Guarantor hereunder and under the other Loan Documents, the Lender shall, subject to the provisions of Section 8.02, be entitled to immediate payment of such Obligations, and to enforce the remedies provided for hereunder, without further application to or order by the Bankruptcy Court.