Common use of Bankruptcy Condition Clause in Contracts

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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Iparty Corp)

AutoNDA by SimpleDocs

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, Court and no stay with respect thereto (including any stay under Bankruptcy Rule 6004(g)) shall be in effect as of the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Showbiz Pizza Time Inc)

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, Date and no stay with respect thereto (including any stay under Bankruptcy Rule 6004(g)) shall be in effect as of the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Old America Stores Inc)

Bankruptcy Condition. The Sale Order shall (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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Iparty Corp)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Baker J Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!