Bankruptcy Order definition
Examples of Bankruptcy Order in a sentence
It being further understood that if such Bankruptcy Order is not timely obtained, Buyer shall have the right to declare an Early Termination Date in accordance with Article 5 of the Assigned Agreement.
This Agreement contains the entire understanding between the parties hereto and, upon effectiveness of this Agreement pursuant to Section 2 hereof, supersedes all prior agreements and discussions between the Company and Executive but is not in any way intended to supersede the Bankruptcy Order.
If no Final Bankruptcy Order is entered as provided in paragraph 3, the Motion contemplated by this paragraph 4 shall be limited to KL Sales and shall be filed within twenty (20) days of the entry of an order by the Bankruptcy Court denying ▇▇▇▇’▇ request for issuance of the Final Bankruptcy Order.
Subject to the Bankruptcy Order, (hereinafter defined) Grand Court has full corporate power and authority to enter into and perform its obligations under this Agreement and each agreement, instrument, and document required to be executed by Grand Court in accordance herewith.
The Surviving Corporation shall cause the Company to, and the Company shall, honor the provisions of the Bankruptcy Order and all agreements made pursuant thereto with respect to the issuance of the Reserved Shares, except that in lieu of issuing any Reserved Shares, payment shall be made in cash in an amount equal to $44.50 multiplied by the aggregate number of Reserved Shares which otherwise would become issuable pursuant to the provisions of the Bankruptcy Order.