Sale Approval Order. The Bankruptcy Court shall have entered the Sale Approval Order, and the Sale Approval Order shall have become a Final Order.
Sale Approval Order. The Sale Approval Order (a) shall have been entered by the Bankruptcy Court and not be subject to any stay of effectiveness, (b) shall not have been modified or amended in any manner adverse to Purchaser unless agreed to in writing by Purchaser in its sole discretion and (c) shall have become a Final Order.
Sale Approval Order. An order or orders (the "Sale Approval Order") in the form of Schedule 6.10B, which Sale Approval Order shall be in form and substance satisfactory to the Buyer and its counsel in their sole discretion, pursuant to Sections 105, 363, 365 and 1146(c) and other applicable provisions of the Bankruptcy Code, among other things: (A) authorizing and approving the sale of the Acquired Assets to the Buyer pursuant to this Agreement free and clear of all Encumbrances whatsoever, and approving the terms of this Agreement; (B) finding that the Buyer is acting in good faith, and is entitled to the protections of a buyer under Section 363(m) of the Bankruptcy Code pursuant to the transactions contemplated by this Agreement; (C) finding that the transfer to the Buyer and the transactions contemplated by this Agreement will be free and exempt from all federal, state municipal and other laws imposing a transfer, stamp, excise, recording or other similar Tax; (D) containing such other findings and provisions as may be reasonably requested by the Buyer (including a finding that notice of the transactions contemplated by this Agreement, including notice to all parties to the Assumed Contracts, has been properly given) to assure that: (1) title to the Acquired Assets will be transferred to the Buyer free and clear of all Encumbrances of any kind or nature whatsoever; (2) the Seller will be duly authorized to execute and deliver such documents and instruments as the Seller is required to execute and deliver pursuant to the terms of this Agreement; and (3) the Seller, upon assuming and assigning to the Buyer of each of the Assumed Contracts, will have properly assumed and assigned the same, and there will be no defaults thereunder as of the Closing Date and the assignment to Buyer shall not constitute a default thereunder or constitute a violation of any Requirement of Law; (4) the Buyer shall not be liable for or assume any pre-petition or post-petition debts, liabilities, obligations or commitments of the Seller or any other party of any kind or nature whatsoever in respect of the Business or Acquired Assets or otherwise, except for the post-closing obligations under any Assumed Contracts and the obligations of Buyer under Section 6.8(e) and Section 6.8(g); (5) approving the New Bedford Facility Sublease in the form annexed hereto as Exhibit 6.6 and without the necessity of obtaining any Lease Consents thereto (and providing for the execution and delivery by KeyBank, N.A., Se...
Sale Approval Order. The Bankruptcy Court shall have entered the Sale Approval Order substantially in the form of Appendix C hereto or otherwise in substance reasonably satisfactory to the Purchaser, and such Sale Approval Order shall not be subject to a stay by any court of competent jurisdiction and shall have become final and non-appealable;
Sale Approval Order. With respect to obligations and benefits that can be realized prior to the Closing Date, Sellers shall have complied, in all material respects, with all of their obligations under, and Purchaser shall have received the benefits of, the Sale Approval Order.
Sale Approval Order. The Sale Approval Order, in form and substance reasonably satisfactory to Purchaser, shall be entered by the Bankruptcy Court and shall not be subject to a stay or injunction.
Sale Approval Order. Sellers shall have complied with all of their obligations under the Sale Approval Order.
Sale Approval Order. For purposes of this Agreement, the term “Sale Approval Order” shall mean the order of the Bankruptcy Court entered pursuant to Sections 105, 363 and 365 of the Bankruptcy Code in the form attached as Exhibit H hereof and without modification except as Buyer may consent, in part, (A) approving this Agreement and the transactions contemplated hereby; (B) approving the sale of the Acquired Assets to Buyer free and clear of all Liens (other than Permitted Liens of which the Sale Approval Order does not provide for the Acquired Assets to be sold free and clear), Claims and Encumbrances (other than Permitted Liens of which the Sale Approval Order does not provide for the Acquired Assets to be sold free and clear) pursuant to Section 363(f) of the Bankruptcy Code, (C) finding that Buyer is a good-faith purchaser entitled to the protections of Section 363(m) of the Bankruptcy Code;
Sale Approval Order. The Sale Approval Order directing the sale of the Purchase Assets to Buyer in accordance with the provisions of this Agreement shall have been duly entered no later than the Sale Approval Deadline.
Sale Approval Order. The Sale Approval Order shall have been entered in the Bankruptcy Case in form and substance satisfactory to the Seller.
