Common use of Bankruptcy Court Orders Clause in Contracts

Bankruptcy Court Orders. The Bankruptcy Court shall have entered the Sale Order and any other orders necessary to permit and consummate the transactions contemplated hereby, each such other order to be in form and substance reasonably satisfactory to Buyer and all such orders shall be Final Orders; provided, that it shall be a condition only to the obligations of Buyer, and shall not be a condition to the obligations of Sellers, that any order, including the Sale Order, be a Final Order.

Appears in 3 contracts

Samples: Acquisition Agreement (MF Global Ltd.), Acquisition Agreement, Acquisition Agreement (Refco Inc.)

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Bankruptcy Court Orders. The Bankruptcy Court shall have entered the Sale Order and any other orders necessary to permit and consummate the transactions contemplated herebyTransactions, each such other order to be in form and substance reasonably satisfactory to Buyer and all such orders shall be Final Orders; provided, that it shall be a condition only to the obligations of Buyer, and shall not be a condition to the obligations of Sellers, that any order, including the Sale Order, be a Final Order.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Systemax Inc)

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Bankruptcy Court Orders. The Bankruptcy Court shall have entered all necessary orders, including the Bid Procedures Order, the Sale Order and any other orders necessary to permit and consummate the transactions contemplated herebyAssumption Order, each such other order to be in form and substance reasonably satisfactory to the Buyer and all such orders shall be Final Orders; provided, that it shall be a condition only to the obligations of Buyer, final and shall not be a condition to the obligations of Sellers, that any order, including the Sale Order, be a Final Ordernon-appealable.

Appears in 1 contract

Samples: Memorandum of Understanding (Refco Inc.)

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