A bankruptcy court on Monday granted Solavei interim permission to access cash collateral, allowing the company to continue its daily operations. The court found that denying this relief would cause immediate and irreparable harm to the debtor and its estate.

The interim order authorizes Solavei to use cash collateral up to a maximum amount outlined in a specific budget. This authorization extends through the close of business in Seattle on the date set for the final hearing. The court overruled all objections to this interim order.

Solavei must adhere to strict spending limits. The company cannot exceed the budget's line item for any "Fixed Expense" by more than 10% in a single week. The total cash collateral used for all Fixed Expenses in any week also cannot surpass the weekly budget by more than 5%.

The debtor may defer a budgeted Fixed Expense to succeeding weeks. But cumulative expenditures from the petition date through the week of payment must not exceed the cumulative budgeted amount for that specific line item by more than 10%. For all Fixed Expense line items, the total cumulative overage cannot exceed 5%.

Spending on "Variable Expenses" also faces limits. Solavei's total actual expenditures on all Variable Expenses during any week may not exceed the budgeted amount for such expenses by a greater percentage than its actual Net Revenues for the preceding four weeks cumulatively exceed the budgeted Net Revenues for those same four weeks.

Variable Expenses include specific budget line items: T-Mobile, Commissions, 3Ci, Merchant Solutions, NCO, Other, and Taxes. Fixed Expenses are all other line items in the budget. Affiliate commissions fall under "Variable Expenses." Solavei faces restrictions on paying these commissions, along with other creditors, under the terms of the interim order.