Assumption Motion definition

Assumption Motion shall have the meaning given to such term in the definition of “Delta Case Milestones”.
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Assumption Motion means the motion to be filed by the Debtors which will be in form and substance satisfactory to Buyer and Buyer's counsel seeking an order assuming and assigning those contracts, licenses and/or leases listed on Schedule 5.5(g) to this Agreement (which contracts, leases and/or licenses can be changed prior to the entry of the Assumption Order) pursuant to 5.1 of this Agreement.
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Assumption Motion shall have the meaning assigned thereto in Section 1.4(B).
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Examples of Assumption Motion in a sentence

  • On November 24, 2020, the Court entered an order granting the Delta Assumption Motion, which authorized the Debtors to assume the Framework Agreement, the Joint Venture Agreement and other key commercial agreements with Delta, ECF No. 1421.

  • On August 8, 2018, the Bankruptcy Court entered an order granting the Omnibus Lease Assumption Motion [Docket No. 963].

  • The Debtors received a response to the Omnibus Lease Assumption Motion from Hagan Lands LLC [Docket No. 929], which subsequently was resolved.

  • The material terms of the PCbtH Settlement shall be set forth in the PCbtH Assumption Motion.

  • No objections were filed in response to either the Bakersfield Assumption Motion or the Enlink Assumption Motion, and after holding an uncontested hearing on October 27, 2016, the Bankruptcy Court granted both Motions [Docket Nos.

  • Pursuant to Federal Rule of Evidence 408 and any applicable state rules of evidence, this Support Agreement and all negotiations relating thereto shall not be admissible into evidence in any proceeding other than a proceeding to enforce the terms of this Support Agreement or obtain entry by the Bankruptcy Court of the RSA Assumption Order pursuant to the RSA Assumption Motion or in connection with the confirmation of the Plan.

  • In addition, the Global Assumption Motion shall set forth the amounts the Debtors anticipate will be required to cure any defaults under their executory contracts and unexpired leases, as required by section 365(b) of the Bankruptcy Code.

  • The Bankruptcy Court entered an order granting the Lease Assumption Motion on May 29, 2018 [Docket No. 379].

  • For the avoidance of doubt, the Filing of the Kroger Assumption Motion extended the period in which to assume or reject unexpired leases of non-residential real property under Bankruptcy Code section 365(d)(4) for the Kroger Guaranteed Leases until the Effective Date of the Plan when such Kroger Guaranteed Leases will be assumed and assigned to Kroger pursuant to separate order of the Bankruptcy Court.

  • Pursuant to the Enlink Assumption Motion, the Debtors also sought authorization to enter into a new gas gathering agreement with Enlink Oklahoma Gas Processing, LP.


More Definitions of Assumption Motion

Assumption Motion has the meaning set forth in Section 8.1(d)(iii). -----------------
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Assumption Motion means a motion to assume executory contracts,
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Assumption Motion shall have the meaning set forth in the definition of “American Case Milestones”.
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Assumption Motion shall have the meaning assigned to such term in the fourth recital hereto.
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Related to Assumption Motion

  • Sale Motion means the motion or motions of Sellers filed with the Bankruptcy Court seeking approval and entry of the Sale Order.

  • DIP Motion means the motion and proposed form of Interim DIP Order filed by the Loan Parties with the Bankruptcy Court on the Petition Date or as soon as reasonably practicable thereafter seeking approval, on an interim and final basis, of (among other things) the DIP Facility, and authorization for the use of cash collateral (including such terms and conditions relating to adequate protection in connection therewith), in each case, in form and substance acceptable to the Agent and the Required Lenders.

  • Assumption Agreement has the meaning specified in Section 2.18(d)(ii).

  • Assumption Date has the meaning set forth in Section 9.23 of the Sale and Servicing Agreement.

  • Assumption The process whereby, on sale or transfer of a legal or beneficial interest in a Mortgaged Property, the new owner of such Mortgaged Property becomes legally obligated under the terms of the related existing Security Instrument, Mortgage Note and any addenda and riders to such Security Instrument or Mortgage Note. Subsequent to the Assumption, the new owner of the property shall be deemed to be the Borrower under the related Mortgage Loan Documents.

  • Sale Hearing means the hearing of the Bankruptcy Court to approve the Sale Procedures and Sale Motion and enter the Sale Approval Order.

  • Bid Procedures Order means an Order of the Bankruptcy Court that (a) is in substantially the form set forth as Exhibit A to this Agreement or otherwise in a form reasonably satisfactory to the Sellers and acceptable to the Buyer in its sole discretion, and (b) approves procedures for the solicitation and consideration of competitive bids for the Assets under the terms and conditions of this Agreement and authorizing the protections set forth in Article 11 for the Buyer.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Preliminary Approval Order means the order preliminarily approving the Settlement Agreement, certifying the Settlement Class for settlement purposes, and directing notice thereof to the Settlement Class, which will be agreed upon by the Parties and submitted to the Court in conjunction with Plaintiffs’ motion for preliminary approval of the Agreement.

  • Closing protection letter means an agreement by the division to indemnify a lender or owner or both for loss caused by a division closer’s theft of settlement funds or failure to comply with written closing instructions relating to title certificate coverage when agreed to by the division closer.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Sellers approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Sellers to consummate the transactions contemplated hereby.

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • 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.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • Bidding Procedures Order means that certain order of the Bankruptcy Court, entitled “Order (A) Approving Sale Procedures and Bid Protections, Including Break-Up Fee(s), In Connection With Sale Of Substantially All Assets; (B) Scheduling An Auction For And Hearing To Approve One Or More Sales; (C) Approving Notice Of Respective Date, Time And Place For Auction And For Hearing On Approval Of Sale(s),” entered on January 16, 2009.

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • U.S. Bankruptcy Court means the United States Bankruptcy Court for the Southern District of New York.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least twenty six percent (26%) equity stake in the Project, meets the technical requirement as per Clause 2.1.2 and so designated by other Member(s) in Bidding Consortium;

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Approval Letter means the letter from WRAS to the Applicant confirming the grant of WRAS Approval in respect of a Product;

  • Debtor Release means the release given on behalf of the Debtors and their Estates to the Released Parties as set forth in Article VIII.D of the Plan.

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit B to the Guarantee and Security Agreement between the Collateral Agent and an entity that pursuant to Section 5.08 is required to become a “Subsidiary Guarantor” under the Guarantee and Security Agreement (with such changes as the Administrative Agent shall request consistent with the requirements of Section 5.08).

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.