Bid Protections definition

Bid Protections shall have the meaning set forth in Section 7.1.
Bid Protections means those certain bid protections described herein, including the Breakup Fee and the Purchaser Expense Reimbursement.
Bid Protections means the Expense Reimbursement and the Break-Up Fee.

Examples of Bid Protections in a sentence

  • The Bidding Procedures Order shall approve the Break-Up Fee and the Bid Protections as set forth in this section.

  • BANKRUPTCY COURT MATTERS 15 6.1. Approval of Bid Protections 15 6.2. Competing Bid and Other Matters.

  • Subject to the entry of the Bidding Procedures Order, in consideration for the Buyer having expended considerable time and expense in connection with this Agreement and the negotiation hereof, the identification and qualification of assets of the Sellers, and the Buyer’s foregoing of other opportunities, the Sellers shall pay the Bid Protections to the Buyer promptly in accordance with, and only to the extent provided in, the provisions of Section 3.5, and the Bidding Procedures Order.

  • No Person shall have appealed the Bid Protections Order or Approval Order, or if any such notice of appeal has been given, the Bid Protections Order or the Approval Order shall have become a Final Order.

  • The obligations of the Sellers to pay the Bid Protections, if any, (i) shall be entitled to super-priority administrative expense claim status under sections 503(b)(1)(A) and 507(a)(2) of the Bankruptcy Code, (ii) shall not be subordinated to any other administrative expense claim against the Seller, and (iii) shall survive the termination of this Agreement in accordance with Section 3.6.

  • Certain Bid Protections, including the Break-Up Fee, have been approved in the Bidding Procedures Order.

  • Subject to the entry of the Bid Protections Order by the Bankruptcy Court, if this Agreement is terminated pursuant to Section 12.1(d), the Seller shall pay to Purchaser $125,000 (the “Break-Up Fee”) and return the Deposit to the Purchaser.


More Definitions of Bid Protections

Bid Protections has the meaning set forth in the Bid Procedures Order.
Bid Protections has the meaning set forth in Section 5.3(b).
Bid Protections means the bid protections implemented for the benefit of the Purchaser, including the Breakup Fee. The Bid Protections shall be approved in the Sale Procedures Order.
Bid Protections means the Seller Termination Fee.
Bid Protections means the Break-Up Fee and the Overbid Protections.

Related to Bid Protections

  • MFN Protection has the meaning set forth in Section 2.14(e)(iii).

  • Data Protection Laws means EU Data Protection Laws and, to the extent applicable, the data protection or privacy laws of any other country;

  • EU Data Protection Laws means EU Directive 95/46/EC, as transposed into domestic legislation of each Member State and as amended, replaced or superseded from time to time, including by the GDPR and laws implementing or supplementing the GDPR;

  • European Data Protection Laws means the GDPR and other data protection laws of the EU, its Member States, Switzerland, Iceland, Liechtenstein, Norway and the United Kingdom, in each case, to the extent it applies to the relevant Personal Data or processing thereof under the Agreement.

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.