Supplemental Injunction. Q. Issuing a supplemental injunction under section 105(a) of the Bankruptcy Code is essential to give effect to the sale of the Subject Policies to the CNA Parties free and clear of Interests pursuant to section 363(f) of the Bankruptcy Code. The Injunctions as set forth in Paragraphs 8 and 9 below are a necessary prerequisite for the Debtors and the CNA Parties agreeing to the terms and conditions of the Agreement, and the Debtors and the CNA Parties will not consummate the sale of the Subject Policies in the absence of such supplemental injunctions from this Court. Page 16 Debtors: Congoleum Corporation, et al. Case No.: 09-04371 (JAP)/Chapter 11 No. 03-51524 (Jointly Administered) Caption of Order: ORDER APPROVING SETTLEMENT AGREEMENT WITH THE CNA PARTIES AND AUTHORIZING THE SALE OF INSURANCE POLICIES FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND OTHER ENCUMBRANCES
Appears in 2 contracts
Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)
Supplemental Injunction. Q. Issuing a supplemental injunction under section 105(a) of the Bankruptcy Code is essential to give effect to the sale of the Subject Policies to the CNA Parties Transport free and clear of Interests pursuant to section 363(f) of the Bankruptcy Code. The Injunctions as set forth in Paragraphs 8 and 9 below are a necessary prerequisite for the Debtors and the CNA Parties Transport agreeing to the terms and conditions of the Agreement, and the Debtors and the CNA Parties Transport will not consummate the sale of the Subject Policies in the absence of such supplemental injunctions from this Court. Transport Settlement Agreement Page 16 12 Debtors: Congoleum Corporation, et al. Case No.: 09-04371 (JAP)/Chapter 11 No. 03-51524 (Jointly Administered) Caption of Order: ORDER APPROVING SETTLEMENT AGREEMENT WITH THE CNA PARTIES TRANSPORT AND AUTHORIZING THE SALE OF INSURANCE POLICIES FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND OTHER ENCUMBRANCES
Appears in 2 contracts
Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)
Supplemental Injunction. Q. Issuing a supplemental injunction under section 105(a) of the Bankruptcy Code is essential to give effect to the sale of the Subject Policies to the CNA Parties Wausau free and clear of Interests pursuant to section 363(f) of the Bankruptcy Code. The Injunctions as set forth in Paragraphs 8 and 9 below are a necessary prerequisite for the Debtors and the CNA Parties Wausau agreeing to the terms and conditions of the Agreement, and the Debtors and the CNA Parties Wausau will not consummate the sale of the Subject Policies in the absence of such supplemental injunctions from this Court. Page 16 Debtors: Congoleum Corporation, et al. Case No.: 09-04371 (JAP)/Chapter 11 No. 03-51524 (Jointly Administered) Caption of Order: ORDER APPROVING SETTLEMENT AGREEMENT WITH THE CNA PARTIES WAUSAU AND AUTHORIZING THE SALE OF INSURANCE POLICIES FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND OTHER ENCUMBRANCES
Appears in 2 contracts
Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)