Going Concern Sale definition

Going Concern Sale means sale of the Corporate Debtor in accordance to Regulation 32(e) of the IBBI (Liquidation Process) Regulations, 2016 including its assets, liabilities, and properties on “as is where is, as is what is, whatever there is, and no recourse basis”

Going Concern Sale means a Transfer where:

Going Concern Sale means sale of business of the company including all its assets and properties on “as is where is basis”.

Examples of Going Concern Sale in a sentence

• Where it appears to the Board that parties to a Going Concern Sale have structured the transaction for the primary purpose of circumventing the requirement that Layer Quota be Transferred through the Quota Exchange, the Transfer shall be deemed to lack bona fides.

• Notwithstanding any previous determination that may have been made by the Board concerning the bona fides of a Going Concern Sale, if at any time it appears to the Board that a Going Concern Sale is not or was not a bona fide Going Concern Sale, the Board may cancel all or any part of the Layer Quota Issued to any or all of the parties to the Transfer.

• For the purpose of determining the bona fides of a Going Concern Sale, each party to the proposed transaction must provide to the Board a sworn statutory declaration attesting to the factors described in subsection (4) and exhibiting all draft and executed written agreements in connection with the proposed transaction.

• No declaration to create a condominium within the Ccity of Lacey shall be filed or recorded at Thurston County or the State of Washington without first having the approval of the Ccity of Lacey.

• The Bidders are required to keep themselves updated for any revisions in the terms and conditions of E-Auction by regularly visiting the links and website addresses of the Company as mentioned in this E-Auction Process Information Document (Sale of Corporate Debtor as a Going Concern)E-Auction Process Information Document (Sale of Corporate Debtor as a Going Concern) (Sale of Corporate Debtor as a Going Concern).

More Definitions of Going Concern Sale

Going Concern Sale shall have the meaning set forth on Schedule 5.15.

Going Concern Sale means the sale of the Project (whether through a sale of the Project assets or the sale of the Company’s Capital Stock) to a Going Concern Buyer.

Going Concern Sale has the meaning ascribed to it in Section 6.8(i).

Going Concern Sale means sale of the Corporate Debtor in accordance to Regulation 32(e) of the IBBI (Liquidation Process) Regulations, 2016 including all its assets, liabilities,and properties on “as is where is, as is what is, whatever there is, and no recourse basis” Clarification: The Liquidator shall settle all liabilities in accordance to section 53 of the Code.

Going Concern Sale means sale of the Corporate Debtor in accordance to Regulation 32(e) of the IBBI (Liquidation Process) Regulations, 2016 including all its assets, liabilities, and properties on “As is where basis ”,“ As is what is basis”, “Whatever there is basis” and “No recourse basis”.

Going Concern Sale means the sale approved pursuant to the Going Concern Sale Order.

Going Concern Sale means a sale or other disposition, outside of such Subsidiary’s ordinary course of business, by Borrower that closes on or before the Maturity Date, of (i) all or any of the Collateral, (ii) all or substantially all of the assets of any of the Subsidiaries, or (iii) any of the Subsidiaries Stock, each of which sale or sales shall be subject to the prior written consent of the Bank, in its sole and absolute discretion.