Examples of Bidding Procedures Motion in a sentence
Following the status conference held on July 27, 2023 in respect of the proposed sale and additional proposals received by the Debtors for the acquisition of some or all of their assets, on July 28, 2023, the Debtors filed the Bidding Procedures Motion.
Seller shall use its reasonable best efforts to have the Bankruptcy Court enter the Bidding Procedures Order as soon as practicable following the filing of the Bidding Procedures Motion, but in no event later than November 2, 2001.
No later than five (5) business days after the execution of this Asset Purchase Agreement by Buyer and Company, Company shall file a motion with the Bankruptcy Court to establish the bidding procedures set forth in this Section 9.3 and shall further provide all notices to parties in interest required by the Bankruptcy Code and Bankruptcy Rules of Court ("Bidding Procedures Motion").
As described in more detail in the Bidding Procedures Motion (as defined herein), the Debtors are seeking authority to continue the Marketing Process postpetition and establish certain bid deadlines and requirements.
The Bidding Procedures Motion on same shall be in form and content satisfactory to the Lender.