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Friday, 06/05/2020 2:42:39 PM

Friday, June 05, 2020 2:42:39 PM

Post# of 2904
Found this today on the Prime Clerk website re: LSC Communications chap 11 case...

"UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
____________________________________________
In re
LSC COMMUNICATIONS, INC., et al.,1
Debtors.
____________________________________________
x
Chapter 11
Case No. 20-10950 (SHL)
Jointly Administered
FINAL ORDER (I) AUTHORIZING THE DEBTORS TO OBTAIN SENIOR SECURED
SUPERPRIORITY POSTPETITION FINANCING, (II) GRANTING LIENS AND
SUPERPRIORITY ADMINISTRATIVE EXPENSE CLAIMS, (III) AUTHORIZING THE
USE OF CASH COLLATERAL, (IV) GRANTING ADEQUATE PROTECTION,
(V) MODIFYING THE AUTOMATIC STAY AND (VI) GRANTING RELATED RELIEF..."
"(ii) authorizing the Debtors to obtain from the lenders under the DIP Credit Agreement (the “DIP Lenders”) upon satisfaction of certain conditions set forth in the DIP Credit Agreement total advances in an amount not to exceed a maximum outstanding principal amount of $100,000,000 in accordance with the DIP Credit
Agreement, the DIP Documents and this Final Order, with up to $55,000,000 for new borrowings and up to $45,000,000 for issuance of new letters of credit or renewals or replacements of existing letters of credit, with no more than $5,000,000 of such amount available for use for new issuances of letters of credit;"
"IT IS HEREBY ORDERED THAT:
1. Motion Approved. The DIP Motion is granted as set forth herein, the DIP Facility is authorized and approved and the use of Cash Collateral is authorized, in each case subject to the
terms and conditions set forth in the DIP Documents and this Final Order. All objections to this Final Order to the extent not withdrawn, waived, settled or resolved are hereby denied and
overruled."
link:
https://cases.primeclerk.com/LSC/

LKSDQ

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