Examples of Free and Clear in a sentence
On February 1, 2023, the Bankruptcy Court entered the Order (I) Authorizing and Approving Sale of Bitmain Coupons, Free and Clear of All Liens, Claims, Interests, and Encumbrances, and (II) Granting Related Relief (Docket No. 429) (the “Bitmain Sale Order”).
Rule 6004-5 Sales of Property Free and Clear of Liens - Section 363(f).
Without limiting the foregoing, all or any portion of the Free and Clear Incremental Amount incurred concurrently with all or any portion of the Incurrence-Based Incremental Amount shall not count as Indebtedness for the purposes of calculating the applicable ratio pursuant to the Incurrence-Based Incremental Amount in accordance with Section 1.2(m).
On the Free and Clear Provisions barring successor liability, there is no prejudice; thus no due process claim; and thus nothing to remedy.217But on the Plaintiffs’ second principal matter of concern—the overbreadth of the Sale Order—the situation is different.
Remainder of Page Left Intentionally BlankLOCAL BANKRUPTCY RULE 6004-1 SALE OF ESTATE PROPERTY (a) Sales Free and Clear of Liens: A motion to sell free and clear of liens under 11U.S.C. § 363(f) must identify by name the lienholders whose property rights are affected by the motion.