Common use of Sale Approval Order Clause in Contracts

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.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Ocwen Financial Corp), Asset Purchase Agreement (Walter Investment Management Corp)

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Sale Approval Order. The Sale Approval Order (a) Order, in form and substance reasonably satisfactory to Purchaser, shall have been be entered by the Bankruptcy Court and shall not be subject to any a 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 Orderinjunction.

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (@Road, Inc), Sale and Purchase Agreement

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Sale Approval Order. The Sale Approval Order (aA) shall have been entered by the Bankruptcy Court and not be subject to any stay of effectivenessCourt, (bB) shall not have been modified or amended in any manner materially adverse to Purchaser unless agreed to in writing by Purchaser in its sole discretion Purchaser, and (cC) shall have become not be subject to a Final Orderstay of effectiveness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bancorp, Inc.)

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