Bankruptcy Condition. The Sale Order (i) shall have been entered by the Bankruptcy Court, and (ii) shall not have been appealed or be subject to any pending appeal as of the Closing Date, and no stay with respect thereto (including any stay under Bankruptcy Rule 6004(g)) shall be in effect as of the Closing Date.
Bankruptcy Condition. The Bankruptcy Court shall have entered the Sale Order, which shall be a Final Order which has not been vacated, reversed, modified, rescinded or stayed as of the Closing Date.
Bankruptcy Condition. The Sale Order shall have been entered on the docket by the Clerk of the Bankruptcy Court.
Bankruptcy Condition. Each of the Sale Order and the Bidding Procedures Order shall have been entered on the Bankruptcy Court’s docket by the Clerk of the Bankruptcy Court in a form approved by Buyer’s bankruptcy counsel, shall be a Final Order, and shall not have been stayed or subject to any stay.
Bankruptcy Condition. The Sale Order shall have been entered in the Chapter 11 Cases and shall have become a Final Order and shall have approved the sale of the Business and the Acquired Assets to Purchaser free and clear of all Liens (other than Permitted Acquired Asset Liens) pursuant to Section 363(f) of the Bankruptcy Code.
Bankruptcy Condition. The Sale Order shall have been entered by the Bankruptcy Court, and shall be a Final Order, provided, however, that if the Sale Order shall have been appealed from, the Seller agrees to consummate the sale notwithstanding the pendency of such appeal, but only if no stay of the Sale Order shall be in effect.
Bankruptcy Condition. Each of the following orders shall have been entered by the Bankruptcy Court, and, except as provided below, no appeal therefrom shall have been made:
Bankruptcy Condition. The obligations of Buyer and Seller under this Agreement are subject to the satisfaction or waiver by Buyer or Seller, as applicable, of the following conditions precedent on or before the Closing:
Bankruptcy Condition. The 363 Order and 365 Order shall -------------------- have been entered by the Bankruptcy Court. Any motion for rehearing or reconsideration of the 363 Order or 365 Order shall have been denied or withdrawn. The time allowed for appeals of the 363 Order or 365 Order shall have expired without any appeal having been taken or, if the 363 Order or 365 Order shall have been appealed, no stay of the 363 Order or 365 Order shall be in effect.
Bankruptcy Condition. (a) The Bidding Procedures Order, in the form attached hereto, shall have been entered on the docket by the Clerk of the Bankruptcy Court as soon as practicable and no later than March 12, 2003 (unless extended by the mutual agreement of Buyer and Seller), provided, however, that the modification or deletion of parts of paragraph 11 of the Bidding Procedures Order, solely for reasons related to those provisions of the Sale Order as described in clauses (a)-(m) immediately below shall not constitute a breach of this section and shall not impair the satisfaction of this condition precedent to Buyers' obligation to consummate the transactions contemplated hereunder, and provided, further, that the addition, modification or deletion of other provisions of the Bidding Procedures Order which, in the Buyers' reasonable business judgment, do not or could not result in a material adverse economic or monetary effect on the Buyers or the Assets shall not impair the satisfaction of this condition precedent to the Buyers' obligation to consummate the transactions contemplated hereunder and shall not constitute a breach of this Section 8.3(a). The Sale Order, in the form attached hereto, shall have been entered on the docket by the Clerk of the Bankruptcy Court as soon as practicable and no later than April 14, 2003 (unless extended by the mutual agreement of Buyer and Seller) and shall not have been stayed by the Bankruptcy Court; provided, however, that approval of the following conditions shall not be a condition precedent to Buyers' obligation to consummate the transactions contemplated hereunder, and modification or deletion of the following provisions of the Sale Order shall not constitute a breach of this Section 8.3(a): (a) that certain finding in paragraph 15 of the Sale Order beginning "The transactions" and ending "Debtors' estates"); (b) that certain finding in paragraph 20 of the Sale Order beginning "Buyers are" and ending "the Debtors"; (c) that certain conclusion of law in paragraph 17 of the Sale Order beginning "Buyers do" and ending "and the Debtors or the Debtors' estates"; (d) that certain conclusion of law in paragraph 18 of the Sale Order beginning "Buyers are" and ending "and Buyers"; (e) that certain clause in subsection (iii) of paragraph C on page 12 of the Sale Order beginning "any claim" and ending "the business"; (f) that certain clause in paragraph E on page 13 of the Sale Order beginning "Buyers are" and ending "equity and"; (g) that cert...
