Examples of Bidding Procedures in a sentence
Buyer is ready, willing and able to provide evidence of its ability to provide adequate assurance of its future performance of each and all of the Assigned Contracts, as required under the Bankruptcy Code, and will provide such evidence in accordance with the terms of the Bidding Procedures Order.
Bidding Procedures Order and Sale Order ...............................................78 Section 10.03.
If an Auction is conducted, and the Selling Entities do not choose Buyer as the Successful Bidder, but instead choose Buyer as the Alternate Bidder in accordance with the Bidding Procedures, Buyer will serve as the Alternate Bidder.
If the Superior Proposal with the Successful Bidder is terminated prior to the termination of this Agreement, Buyer will be deemed to be the Successful Bidder, and the Parties will forthwith use reasonable best efforts to consummate the transactions contemplated by this Agreement on the terms and conditions set forth in this Agreement and the Bidding Procedures (as the same may be improved upon by Buyer prior to or at the Auction).
The Bankruptcy Court shall have entered the Sale Order and Bidding Procedures Order, and such Orders shall be Final Orders in full force and effect and shall not have been stayed, vacated, reversed, amended, or modified (in the case of amendments or modifications, in a manner materially adverse to Buyer) without the consent of Buyer.