Approval Order means (i) an order in the form attached hereto as Exhibit 2; or (ii) in the event of a timely objection to the motion to approve the Agreement that if sustained would reduce the full Settlement Amount available to pay Asbestos-Released Claims, an order in such form agreed to in writing by the Parties, entered by the Bankruptcy Court that (a) approves this Agreement, (b) authorizes the Parties to undertake the settlement and the sale of the Subject Policies as set forth in this Agreement, and (c) provides for the Injunction.
Approval Order means an order of the Bankruptcy Court reasonably acceptable to the parties to the Settlement Agreement, entered pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure, approving the Settlement Agreement, which order has not been reversed, vacated or stayed.
Examples of Approval Order in a sentence
In full settlement of the claims asserted in the Action against the Defendants and in consideration of the releases of the Released Claims specified in ¶ 4, above, Defendants shall pay, or cause to be paid the Settlement Amount in cash into the Escrow Account on or before fifteen (15) business days after both (i) the Court has entered the Preliminary Approval Order, and (ii) Class Counsel has provided to Xxx X.
This Agreement is for settlement purposes only and is conditional upon the making of a final Approval Order by the Court and the occurrence of the Effective Date.
More Definitions of Approval Order
Approval Order has the meaning assigned to it in Section 5.1.
Approval Order means the approval of the CIPF by a Regulator pursuant to the Securities Legislation in a Canadian province or territory which stipulates that registered dealers must participate in a compensation fund or contingency trust fund approved by the Regulator and established by, among others, an SRO.
Approval Order means the approval of [New IPF] by a Regulator pursuant to the Securities Legislation in a Canadian province or territory which stipulates that registered dealers must participate in a compensation fund or contingency trust fund approved by the Regulator and established by, among others, a self- regulatory organization.
Approval Order means the order defined in Section 6.3(a), substantially in the
Approval Order means an order entered by the Bankruptcy Court in the Chapter 11 Cases authorizing the Company (on behalf of the Debtors) to assume this Agreement, including all exhibits and other attachments hereto.