Use of Cash Collateral. The Debtors have an immediate and critical need to use Cash Collateral, to operate their businesses and effectuate a reorganization of their businesses, which will be used solely in accordance with the terms of this Interim Order and subject to the Approved Budget (as defined below). Without the use of Cash Collateral, the Debtors would not have sufficient liquidity to be able to continue to operate their businesses. The adequate protection provided herein and other benefits and privileges contained herein are consistent with and authorized by the Bankruptcy Code and are necessary in order to obtain such consent or non- objection of certain parties, and to adequately protect the consenting and non-consenting parties’ interests in the Prepetition Collateral. Absent authorization to immediately use Cash Collateral, the Debtors’ estates and their creditors would suffer immediate and irreparable harm.
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Sources: Restructuring and Plan Support Agreement, Restructuring and Plan Support Agreement