Bankruptcy Court Approvals definition

Bankruptcy Court Approvals means the Bidding Procedures Order, the RIA Order, the PSA Order, the Winning Bidder Order, the Disclosure Statement Order, the Sale Order and the Confirmation Order.
Bankruptcy Court Approvals means the entry of an order, approving this Lease and the Guaranty of Lease, by the Bankruptcy Court in re Chapter 11, case no. 0.00-xx-00000-XXX, Xxxxxxxx Biopharmaceuticals, Inc., et al.
Bankruptcy Court Approvals. The provisions in this Section 4.07 shall terminate in the event that Purchaser is not the Successful Bidder pursuant to the Bidding Procedures. (a) Upon the issuance by the U.S. Bankruptcy Court of an Order approving the Bidding Procedures Motion, each Seller shall, and shall cause each of the other Debtors to, amend the Plan, the Scheme of Arrangement, the Disclosure Statement and the Explanatory Statement to effect the transactions contemplated by this Agreement upon the terms and subject to the conditions set forth herein and without terms or conditions inconsistent with those set forth herein, and thereafter Sellers shall, and shall cause each of the other Debtors to, use their reasonable best efforts to obtain the entry of the Confirmation Order and the Sanction Order as soon as practicable. Prior to the filing by any Debtor of the Plan, the Scheme of Arrangement, the Disclosure Statement, the Explanatory Statement, any amendment to the foregoing, or any motion or other pleading describing or affecting the transactions contemplated by this Agreement or the Operative Agreements, with the U.S. Bankruptcy Court or the C.I. Grand Court, Sellers shall provide a copy thereof to Purchaser and its counsel, and Purchaser and its counsel shall be given a reasonable opportunity to review and comment on such document, amendment, motion or pleading, which comments, if substantive, shall not without substantial reason be excluded from the document, amendment, pleading or motion filed with the U.S. Bankruptcy Court or the C.I. Grand Court. The Debtors shall not file any pleading or take other action in the U.S. Bankruptcy Court or the C.I. Grand Court in a manner that has or would reasonably be likely to have a Material Adverse Effect on the Condition of the Business, or on the transactions contemplated hereby, or on the ability of Sellers or any of its Subsidiaries to consummate the transactions contemplated by this Agreement or the Operative Agreements, or that is inconsistent with fully performing and carrying out the provisions of this Agreement, without first obtaining the written consent of Purchaser. Sellers shall send by facsimile, to Purchaser and to counsel for Purchaser, on the same day as filing, copies of any and all pleadings filed by the Debtors with respect to the Reorganization Cases or C.I.

Examples of Bankruptcy Court Approvals in a sentence

  • Notwithstanding the foregoing, the Commencement Date shall be a date after the Bankruptcy Court Approvals have been entered and Tenant’s Chapter 11 reorganization plan is approved by the Bankruptcy Court.

  • All Required Approvals (other than the Bankruptcy Court Approvals and Foreign Court Approvals) shall have been obtained and be in full force and effect (or any waiting period applicable thereto shall have been terminated or otherwise expired), in each case without the imposition of a Burdensome Condition.

  • As of the date hereof, to the Knowledge of Purchaser, there are no facts or circumstances involving Purchaser or its Affiliates (or involving any permitted assignee of the rights of Purchaser hereunder pursuant to Section 9.4) that would reasonably be expected to prohibit or materially delay the granting of any Required Approval (other than the Bankruptcy Court Approvals and Foreign Court Approvals).

  • To the extent any Client Contract requires or is subject to the approval or order of a bankruptcy court (a "Bankruptcy Court Approval"), all such Bankruptcy Court Approvals have been obtained or are pending and Sellers have provided true, complete and correct copies thereof to Buyer, except as described in Section 5.12(b) of Sellers' Disclosure Schedule.

  • OVERBIDDING PROCEDURES AND BREAK-UP FEES 22 10.1 Bankruptcy Court Approvals................................

  • Enron, the Non-Debtor Enron Entities, NewPower, and the Examiner each warrant and represent to the other Parties that, subject to the approval of the NewPower Bankruptcy Court and the Enron Bankruptcy Court, this Settlement Agreement has been duly executed and delivered on its behalf and constitutes its legal, valid and binding obligation enforceable against it in accordance with its terms and the terms of the Bankruptcy Court Approvals.

  • Thus, the principal role of the surface in the phase separation process is attributed to vacancy creation without interstitials.

  • If the Bankruptcy Court Approvals are not obtained by the Closing Date, as may be extended pursuant to Section 9.1 hereof, (i) this Agreement shall be deemed terminated and of no further force and effect, (ii) Seller shall not be deemed to be in default under this Agreement, (iii) the Earnest Money Deposit shall be returned to Purchaser, and (iv) except for any obligations which expressly survive termination of this Agreement, neither Party shall have any further Liability or obligations hereunder.

  • It shall be a condition precedent to Seller’s obligations under this Agreement that Seller shall have received all necessary final Bankruptcy Court Approvals.

  • NewPower, NewPower Holdings, and TNPC Holdings are each duly oxxxxxxxx, xalxxxx xxxsting and in good standing under the laws of the jurisdiction of their formation, and each have all necessary power and authority to execute, deliver and perform its obligations under this Settlement Agreement as contemplated by its formation agreements, by-laws, or other charter, organizational or governing documents (collectively, the "NewPower Governing Documents"), subject to entry of the Bankruptcy Court Approvals.

Related to Bankruptcy Court Approvals

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

  • Sale Order means an order of the Bankruptcy Court approving this Agreement and the transactions contemplated hereby in form and substance reasonably acceptable to the Buyer and the Indenture Trustee.

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

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

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

  • Final Order means an order or judgment of a court of competent jurisdiction that has been entered on the docket maintained by the clerk of such court, which has not been reversed, vacated or stayed and as to which (a) the time to appeal, petition for certiorari, or move for a new trial, reargument or rehearing has expired and as to which no appeal, petition for certiorari, or other proceedings for a new trial, reargument or rehearing shall then be pending, or (b) if an appeal, writ of certiorari, new trial, reargument or rehearing thereof has been sought, such order or judgment shall have been affirmed by the highest court to which such order was appealed, or certiorari shall have been denied, or a new trial, reargument or rehearing shall have been denied or resulted in no modification of such order, and the time to take any further appeal, petition for certiorari or move for a new trial, reargument or rehearing shall have expired; provided, however, that no order or judgment shall fail to be a “Final Order” solely because of the possibility that a motion pursuant to section 502(j) or 1144 of the Bankruptcy Code or under Rule 60 of the Federal Rules of Civil Procedure or Bankruptcy Rule 9024 has been or may be filed with respect to such order or judgment.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Interim Order means the interim order of the Court, as the same may be amended, in respect of the Arrangement;

  • Final Approval Order means the entry of the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit D hereto.

  • Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).

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

  • Chapter 11 Case 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.

  • Export Approvals has the meaning specified in Section 4.26(a).

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • FCC Approval means the FCC’s grant of the FCC Applications, including any grants by operation of law; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Disclosure Statement Order means the order entered by the Bankruptcy Court (a) approving the Disclosure Statement as containing adequate information required under section 1125 of the Bankruptcy Code, and (b) authorizing the use of the Disclosure Statement for soliciting votes on the Plan.

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • Bankruptcy Code means the United States Bankruptcy Code, as amended from time to time, any successor statute or rule promulgated thereto.

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • Required Consents shall have the meaning set forth in Section 4.5.

  • Regulatory Approvals with respect to the Warrantholder, means, to the extent applicable and required to permit the Warrantholder to exercise this Warrant for shares of Common Stock and to own such Common Stock without the Warrantholder being in violation of applicable law, rule or regulation, the receipt of any necessary approvals and authorizations of, filings and registrations with, notifications to, or expiration or termination of any applicable waiting period under, the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, and the rules and regulations thereunder.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.