Common use of Supplemental Injunction Clause in Contracts

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 Old Xxx Xxxxxxxx Settlement Agreement Page 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 OLD REPUBLIC AND AUTHORIZING THE SALE OF INSURANCE POLICIES FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND OTHER ENCUMBRANCES Republic 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 Old Republic agreeing to the terms and conditions of the Agreement, and the Debtors and Old Republic will not consummate the sale of the Subject Policies in the absence of such supplemental injunctions from this Court.

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 Old Xxx Xxxxxxxx Settlement Agreement the TIG Parties free and clear of Interests pursuant to section 363(f) of the Bankruptcy Page 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 OLD REPUBLIC THE TIG PARTIES AND AUTHORIZING THE SALE OF INSURANCE POLICIES FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND OTHER ENCUMBRANCES Republic 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 Old Republic the TIG Parties agreeing to the terms and conditions of the Agreement, and the Debtors and Old Republic the TIG Parties will not consummate the sale of the Subject Policies in the absence of such supplemental injunctions from this Court.