Common use of Condition of Bankruptcy Court Approval Clause in Contracts

Condition of Bankruptcy Court Approval. This Agreement is expressly conditioned upon INSpire Claims and INSpire Insurance obtaining a final order from the Bankruptcy Court in the Bankruptcy Case approving (i) this Agreement, as well as the Policy Processing and Administration Agreement, the Sublease, the Asset Purchase Agreement, the Software License Agreement, the Professional Services Agreement and the Comprehensive Preferred Escrow Agreement concurrently entered into between members of the INSpire Group and the Arrowhead Group, all without amendment or modification, unless such amendment or modification is approved in writing by all of the Parties, within forty-five (45) days after the date this Agreement is entered into; and (ii) the termination of the Claims Administration Agreement and the Claims Management Agreement. The final order of the Bankruptcy Court shall be in a form and substance acceptable to Customer. This Agreement shall be implemented by the Parties on a date mutually agreed to by the Parties, but no later than five days after the Effective Date. If the final order from the Bankruptcy Court is not obtained within the time specified, this Agreement and all of its terms and provisions are and shall be null and void and of no force or effect whatsoever.

Condition of Bankruptcy Court Approval. This Agreement is expressly conditioned upon INSpire Claims and INSpire Insurance obtaining a final order from the Bankruptcy Court in the Bankruptcy Case approving (ia) this Agreement, as well as the Policy Processing and Administration Agreement, the Sublease, the Asset Purchase Agreement, the Software License Agreement, the Professional Services Agreement and Agreement, the Asset Purchase Agreement, the Comprehensive Preferred Escrow Agreement and the Claims Administration Agreement concurrently entered into between members of the INSpire Group and members of the Arrowhead Group, all without amendment or modification, unless such amendment or modification is approved in writing by all of the Parties, within forty-five (45) days after the date this Agreement is entered into; and (iib) the termination of the Policy Administration Agreement and the Claims Administration Services Agreement and the Claims Management Agreement. The final order of the Bankruptcy Court shall be in a form and substance acceptable to Customer. This Agreement shall be implemented by the Parties on a date mutually agreed to by the Parties, but no later than five days after the Effective Date. If the final order from the Bankruptcy Court is not obtained within the time specified, this Agreement and all of its terms and provisions are and shall be null and void and of no force or effect whatsoever.

Condition of Bankruptcy Court Approval. This Agreement is expressly conditioned upon INSpire Claims Seller and INSpire Insurance its affiliates obtaining a final order from the Bankruptcy Court in the Bankruptcy Case approving (ia) this Agreement, as well as the Policy Processing and Administration Agreement, the Sublease, the Asset Purchase Claim Administration Agreement, the Software License Agreement, the Professional Services Agreement and the Comprehensive Preferred Escrow Agreement concurrently entered into between members of the INSpire Group Seller and/or its affiliates and the Arrowhead GroupPurchaser and/or its affiliates, all without amendment or modification, unless such amendment or modification is approved in writing by all of the Parties, within forty-five (45) days after the date this Agreement is entered into; and (iib) the termination of the Policy Administration Agreement, the Claims Administration Agreement Agreement, and the Claims Management Agreement. The final order of the Bankruptcy Court shall be in a form and substance acceptable to Customer. This Agreement shall be implemented by the Parties on a date mutually agreed to by the Parties, but no later than five days after the Effective Date. If the final order from the Bankruptcy Court is not obtained within the time specified, this Agreement and all of its terms and provisions are and shall be null and void and of no force or effect whatsoever.

Condition of Bankruptcy Court Approval. This Agreement is expressly conditioned upon INSpire Claims and INSpire Insurance obtaining a final order from the Bankruptcy Court in the Bankruptcy Case Case, approving (ia) this Agreement, as well as the Policy Processing and Administration Agreement, the Sublease, the Software License Agreement, the Asset Purchase Agreement, the Software License Agreement, the Professional Services Comprehensive Preferred Escrow Agreement and the Comprehensive Preferred Escrow Claims Administration Agreement concurrently entered into between members of the INSpire Group Group, debtor and debtor-in-possession, and the Arrowhead Group, all without amendment or modification, unless such amendment or modification is approved in writing by all of the Parties, within forty-five (45) days after the date this Agreement is entered into; and (iib) the termination of the Policy Administration Agreement, the Claims Administration Services Agreement and the Claims Management Agreement. The final order of the Bankruptcy Court shall be in a form and substance acceptable to Customer. This Agreement shall be implemented by the Parties on a date mutually agreed to by the Parties, but no later than five days after the Effective Date. If the final order from the Bankruptcy Court is not obtained within the time specified, this Agreement and all of its terms and provisions are and shall be null and void and of no force or effect whatsoever.