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Full title: Final Order granting moton for order approving stipulations for use of cash collateral and authorizing use of cash collateral pursuant to 11 U.S.C. Section 363 and Federal Rule of Bankruptcy Procedure (see order for details) (BNC-PDF) (Related Doc # 179 ) Signed on 3/11/2021 (Fortier, Stacey) (Entered: 03/11/2021)

Document posted on Mar 10, 2021 in the bankruptcy, 4 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Nano Banc ("Nano") consents to the use of cash collateral on a final basis 18 through and including the Cash Collateral Period (as defined below) in accordance with 19 the terms of this Order and for purposes of this Order, shall be considered a "secured 20 creditor" as that term is used in this Order and shall be entitled to the protections 21 provided to such secured creditor; 22 5.The Trustee, on behalf of the Estate, is authorized to use cash collateral on23 a final basis through and including March 31, 2021 (the "Cash Collateral Period") in 24 accordance with the Budget attached to the Motion as Exhibit "1," with expenditures 25 during the Cash Collateral Period not to exceed 115% of the aggregate "High" 26 expenditures set forth in the Budget, i.e., a 15% variance; 27 1 Capitalized terms not defined herein shall have the meanings ascribed to them in the Motion.As adequate protection for the use of cash collateral in accordance with th2 Budget, any alleged secured creditor shall receive a post-petition replacement lien for its3 asserted secured claim(s) against the Debtor's assets with the same validity, priority, 4 scope and extent as any lien(s) held by the alleged secured creditor as of December 18, 5 2020, the petition date, solely to the extent that the use of cash collateral results in a 6 diminution of the value of the alleged secured creditor's prepetition lien(s); 7 7. Any alleged secured creditor shall not be required to file any financing 8 statement, notice, lien, or other similar instrument in any jurisdiction, or take any other 9 action in order to perfect its replacement lien created hereunder because the 10 replacement lien is automatically perfected upon entry of this Order; 11 8. Fax 71 14 challenge or dispute (a) the validity, priority, scope or extent of the security interests a, C00 es10 15 asserted by any alleged secured creditor including, without limitation, in the Debtor's M5- osta 4 44 16 post-petition receipts and cash, or (b) that the use of cash collateral has resulted in the C71

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Document Contents

1 SMILEY WANG-EKVALL, LLP Lei Lei Wang Ekvall, State Bar No. 163047 2 lekvall@swelawfirm.com FILED & ENTERED Philip E. Strok, State Bar No. 169296 3 pstrok@swelawfirm.com Timothy W. Evanston, State Bar No. 319342 MAR 11 2021 4 tevanston@swelawfirm.com 3200 Park Center Drive, Suite 250 5 Costa Mesa, California 92626 CLERK U.S. BANKRUPTCY COURT Telephone: 714 445-1000 Central District of California 6 Facsimile: 714 445-1002 BY f o r t i e r DEPUTY CLERK 7 Attorneys for Elissa D. Miller, Chapter 7 Trustee 8 UNITED STATES BANKRUPTCY COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 LOS ANGELES DIVISION 11 In re Case No. 2:20-bk-21022-BR 2 00 12 92626 4 445-1 13 G IRARDI KEESE, C hapter 7 alifornia • Fax 71 14 Debtor. FFIONRA LO RODREDRE RA PGPRRAONVTIINNGG MOTION a, C00 STIPULATIONS FOR USE OF CASH es10 15 COLLATERAL AND AUTHORIZING USE osta M4 445- 16 OTOF C11A USH.S .CCO. L§ L3A6T3 EARNADL F PEUDRESRUAALN T C71 el RULE OF BANKRUPTCY PROCEDURE T 17 4001(b) AND (d) 18 Date: March 2, 2021 Time: 10:00 a.m. 19 Ctrm.: 1668 via ZoomGov 255 E. Temple Street 20 Los Angeles, CA 90012 21 Web Address: https://cacb.zoomgov.com/j/1605276951 22 Meeting ID: 1605276951 Password: 123456 23 Telephone: (669) 254-5252 (San Jose) (646) 828-7666 (New York) 24 25 26 27

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1 On March 2, 2021, at 10:00 a.m., the above-captioned Court held a final hearing 2 on the Motion for Order Approving Stipulations for Use of Cash Collateral and Authorizin3 Use of Cash Collateral Pursuant to 11 U.S.C. § 363 and Federal Rule of Bankruptcy 4 Procedure 4001(b) and (d) (the "Motion")1 filed by Elissa D. Miller, in her capacity as 5 Chapter 7 Trustee for the bankruptcy estate (the "Estate") of Girardi Keese. 6 Appearances were as noted on the Court's record. Having considered the Motion and 7 the pleadings, declarations, and exhibits filed in support thereof and opposition thereto, 8 and the statements and arguments of counsel on the record at the hearing on the Motion9 finding that notice and service of the Motion were proper and that no further notice be 10 given, and finding good cause for the relief requested in the Motion, 11 IT IS HEREBY ORDERED that: 2 00 12 1. The Motion is GRANTED on a final basis; 92626 4 445-1 13 2. The CAL II Stipulation attached to the Motion as Exhibit "2" is approved on alifornia • Fax 71 14 a final basis; a, C00 es10 15 3. The Virage Stipulation attached to the Motion as Exhibit "3" is approved onM5- osta 4 44 16 a final basis; C71 el T 17 4. Nano Banc ("Nano") consents to the use of cash collateral on a final basis 18 through and including the Cash Collateral Period (as defined below) in accordance with 19 the terms of this Order and for purposes of this Order, shall be considered a "secured 20 creditor" as that term is used in this Order and shall be entitled to the protections 21 provided to such secured creditor; 22 5. The Trustee, on behalf of the Estate, is authorized to use cash collateral on23 a final basis through and including March 31, 2021 (the "Cash Collateral Period") in 24 accordance with the Budget attached to the Motion as Exhibit "1," with expenditures 25 during the Cash Collateral Period not to exceed 115% of the aggregate "High" 26 expenditures set forth in the Budget, i.e., a 15% variance; 27 1 Capitalized terms not defined herein shall have the meanings ascribed to them in the Motion.

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1 6. As adequate protection for the use of cash collateral in accordance with th2 Budget, any alleged secured creditor shall receive a post-petition replacement lien for its3 asserted secured claim(s) against the Debtor's assets with the same validity, priority, 4 scope and extent as any lien(s) held by the alleged secured creditor as of December 18, 5 2020, the petition date, solely to the extent that the use of cash collateral results in a 6 diminution of the value of the alleged secured creditor's prepetition lien(s); 7 7. Any alleged secured creditor shall not be required to file any financing 8 statement, notice, lien, or other similar instrument in any jurisdiction, or take any other 9 action in order to perfect its replacement lien created hereunder because the 10 replacement lien is automatically perfected upon entry of this Order; 11 8. No replacement lien shall encumber or otherwise attach to any causes of 2 00 12 action under chapter 5 of the Bankruptcy Code or any proceeds of such causes of action92626 4 445-1 13 9. All rights and arguments of the Trustee, on behalf of the Estate, to alifornia • Fax 71 14 challenge or dispute (a) the validity, priority, scope or extent of the security interests a, C00 es10 15 asserted by any alleged secured creditor including, without limitation, in the Debtor's M5- osta 4 44 16 post-petition receipts and cash, or (b) that the use of cash collateral has resulted in the C71 el T 17 diminution of the value of the alleged secured creditor's prepetition lien(s), are preserved18 10. Neither the Trustee nor the Estate are waiving any rights they may have 19 under Bankruptcy Code Section 506(c); 20 11. Upon reasonable request by any alleged secured creditor and subject to 21 appropriate confidentiality provisions as determined by the Trustee, the Trustee will 22 provide her Form 2 Cash Receipts and Disbursements Record; 23 12. The authorization to use cash collateral of any alleged secured creditor 24 expires on March 31, 2021 unless extended with such alleged secured creditor's consen25 or Bankruptcy Court order; and 26 13. The consent of CAL II, Virage, Nano, and Stillwell to the Trustee's use of 27 cash collateral during the Cash Collateral Period shall automatically expire if the Trustee

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1 files any document or pleading challenging the validity, priority, scope or extent of CAL II2 Virage, Nano and Stillwell's asserted liens. 3 ### 4 5 6 7 8 9 10 11 2 00 12 92626 4 445-1 13 alifornia • Fax 71 14 a, C00 es10 15 M5- osta 4 44 16 C71 el T 17 18 19 20 21 22 23 Date: March 11, 2021 24 25 26 27

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