Breakup Fee Order definition

Breakup Fee Order means the Order Approving Expense Reimbursement and Breakup Fee for Term-Sheet Plan Sponsor/Purchaser [Docket No. 329].
Breakup Fee Order means the order approving the Breakup Fee that shall provide the Breakup Fee shall be payable at the closing of the counterbid which order shall be in form acceptable to Buyer in its reasonable discretion.
Breakup Fee Order means the order of the Court dated September 14, 1999 granting Newco and its Affiliates (as defined in the Newco Agreement), among other things, an administrative priority claim under Sections 503 and 507 of the Bankruptcy Code for the Breakup Fee, the Reimbursement Expenses and the other reimbursement and indemnification obligations of Marker and its Subsidiaries under Section 11.14(c) of the Newco Agreement and approving the payment thereof to Newco and its Affiliates.

Examples of Breakup Fee Order in a sentence

  • On or before June 4, 2012, Delta shall obtain from the Bankruptcy Court an Order approving the Break-Up Fee of $1.5 million payable to Laramie (the “Break-up Fee Order”) upon the termination conditions set forth herein and the Break-up Fee Order shall be a Final Order.

  • The Initial Administrative Claims Bar Date is the deadline by when all requests for payment of Administrative Claims that arise on or prior to September 1, 2021 (other than Administrative Claims, if any, under the Breakup Fee Order and Professional Fee Claims) must be Filed and served on the Debtors.

  • October 8, 2021, at 4:00 pm (prevailing Central Time) is the deadline for the Initial Administrative Claims Bar Date by when all requests for payment of Administrative Claims that arise on or prior to September 1, 2021 (other than Administrative Claims, if any, under the Breakup Fee Order and Professional Fee Claims) must be Filed and served on the Debtors.

  • Sellers further covenant and agree to use all commercially reasonable efforts, sought in good faith, to have the Bankruptcy Court approve any Sale Order, in the absence of a Superior Proposal, and the Break-up Fee Order, if there is a Superior Proposal.

  • Sellers may terminate this Agreement by giving written notice to Buyer on or prior to the Closing (i) in the event that the Court does not approve the Bidding Procedures Order and the Breakup Fee Order, or (ii) if the Court approves a purchaser other than the Buyer at the hearing on the Sale Order, provided that Sellers pay the Breakup Fee to the Buyer at the closing of the counterbid.

Related to Breakup Fee Order

  • Professional Fee Order means the order entered by the Bankruptcy Court on July 16, 2001, authorizing the interim payment of Professional Claims, as may be amended from time to time prior to the entry on the docket of the Confirmation Order.

  • Template Order Form means the template form in Annex 1 to Framework Schedule 4 (Template Order Form and Template Call Off terms);

  • Bar Date Order means the Order (I) Setting Bar Dates for Filing Proofs of Claim, Including Requests for Payment under Section 503(B)(9), (II) Establishing Amended Schedules Bar Date and Rejection Damages Bar Date, (III) Approving the Form of and Manner for Filing Proofs of Claim, Including Section 503(B)(9) Requests, and (IV) Approving Notice of Bar Dates [Docket No. 482], as such order may be amended, supplemented, or modified from time to time.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Seller approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Seller to consummate the Transactions.

  • Claims Procedure Order means the Order under the CCAA establishing a claims procedure in respect of the Applicant, as same may be further amended, restated or varied from time to time.

  • Product Order is the form used by the Parties to effect a Transaction in the form of Exhibit A, Exhibit B or as otherwise agreed by the Parties, specifying the terms of such Transaction, including the following: (1) the Product including a description of the Environmental Attributes in the Product, (2) the quantity to be purchased and sold; (3) the Purchase Price; (4) the Delivery Dates; and, (5) if necessary in accordance with the terms of the Transaction, (a) the Vintages; (b) the Renewable Energy Facility or Facilities from which the Product is to be generated; (c) the Certification Authority; and (d) the Verification Provider.

  • Stop Loss Order means an order placed to close a position once it hits a specific price in order to protect yourself from further losses and avoid potential close-outs/stop-outs.

  • Claims Bar Date Order means that certain order entered by the Bankruptcy Court establishing the Claims Bar Date.

  • Tariff Order means the Telecommunication (Broadcasting and Cable) Services (Eighth) (Addressable Systems) Tariff Order, 2017;

  • Cease and desist order means a court-issued order to halt land disturbing construction activity that is being conducted without the required permit.

  • Development order means any order granting, denying, or granting with conditions an application for a development permit.

  • Stop Work Order is defined in Appendix B. “Term” comprises the Initial Term and any Option Terms.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • FCC Order means Federal Communications Commission Order 94-102 (61 Federal Register 40348)

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • Approval Letter means the letter from WRAS to the Applicant confirming the grant of WRAS Approval in respect of a Product;

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • Software Order Form means the order form for the Software, Third Party Software and related SAP Support ordered by Licensee thereunder, including information on Software, Third Party Software, SAP Support, fees, and other information necessary for the delivery of such items to Licensee.

  • Consent Decree means this Consent Decree and all appendices attached hereto. In the event of conflict between this Consent Decree and any appendix, this Consent Decree shall control.

  • forfeiture order means a forfeiture order referred to in section 61(1);

  • Change Order Request means a written request or proposal for a Change Order submitted by either Company or Contractor and including:

  • Bidding Procedures Order means that certain order of the Bankruptcy Court, entitled “Order (A) Approving Sale Procedures and Bid Protections, Including Break-Up Fee(s), In Connection With Sale Of Substantially All Assets; (B) Scheduling An Auction For And Hearing To Approve One Or More Sales; (C) Approving Notice Of Respective Date, Time And Place For Auction And For Hearing On Approval Of Sale(s),” entered on January 16, 2009.

  • Disclosure Statement Order means the order of the Bankruptcy Court approving the Disclosure Statement.

  • Letter of Intent (LOI means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.