Bidding Procedures Order definition
Examples of Bidding Procedures Order in a sentence
In accordance with the Bid Procedures and Bidding Procedures Order, TPI Parent shall, or shall cause its Affiliate to, file with the Bankruptcy Court a notice of assumption and assignment and shall serve such notice on each applicable non-Debtor counterparty, which notice of assumption and assignment shall identify all Transferred Executory Contracts, in accordance with the Bid Procedures and Bidding Procedures Order.
On December 12, 2025, TPI Parent (i) filed with the Bankruptcy Court a list of all executory Contracts to which a Debtor is party and the proposed amount of the Cure Costs associated with each of such executory Contracts and (ii) served written notice to the non-Debtor counterparty (a “Cure Notice”) of each such executory Contract, in accordance with the Bidding Procedures Order.
Upon the execution of this Agreement, pursuant to the terms of the Escrow Agreement, the Commitment Party shall immediately deposit the Deposit Escrow Amount with the Escrow Agent by wire transfer of immediately available funds to be released by the Escrow Agent and delivered to either the Commitment Party or WindDown Co in accordance with the provisions of this Agreement, the Escrow Agreement and the Bidding Procedures Order.