Procedures Order definition

Procedures Order means an order of the Bankruptcy Court, as requested by the Seller, and reasonably acceptable to Purchaser, that, among other things, establishes a date by which Competing Offers must be submitted by bidders and establishes procedures for the auction process.

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Procedures Order means the Order Authorizing and Approving Procedures for Rejection and Assumption of Executory Contracts and Unexpired Leases entered by the Court on January 28, 2021 [Docket No. 50].

Procedures Order shall have the meaning ascribed to such term in Section 8.6(a) hereof.

Examples of Procedures Order in a sentence

• Notwithstanding other provisions within this Agreement, if the Attributable Purchase Price for any Property does not equal or exceed the outstanding ad valorem taxes plus administrative expenses attributable to that Property by the 363 Procedures Order, Seller may remove the Property from this Agreement and the Purchase Price shall be reduced by the Attributable Purchase Price, and Purchaser shall have no other remedy.

• Seller shall convey, and Purchaser shall accept, such title to the Properties as is deliverable pursuant to the 363 Procedures Order and under 11 U.S.C. § 363.

• Unless waived by Purchaser, cause all other liens listed for the Property on Exhibit A to the 363 Procedures Order to either (a) be paid at Closing with closing proceeds or (b) be removed by operation of provisions of the Final Sale Order, including pursuant to section 363(f) of the Bankruptcy Code.

• Nothing contained herein shall be construed to prohibit Sellers and their respective Affiliates and Representatives from soliciting, considering, negotiating, agreeing to, or otherwise taking action in furtherance of, any Alternative Transaction but only to the extent that Sellers determine in good faith that such actions are permitted or required by the Sale Procedures Order.

• In the event the Sale Procedures Order and the Sale Approval Order is appealed, Sellers shall use their reasonable best efforts to defend such appeal.

More Definitions of Procedures Order

Procedures Order shall have the meaning ascribed to such term in Section "Proceeding" shall mean any action, arbitration, audit, hearing, investigation, litigation or suit (whether civil, criminal, administrative, investigative or informal) commenced, brought, conducted or heard by or before, or otherwise involving, any Governmental Entity or arbitrator. Procedures.

Procedures Order means the Order of the Court approving, among other things, voting and solicitation procedures, the form of voting ballots, the solicitation period and the voting tabulation procedures regarding the Plan.

Procedures Order means the order established bidding procedures signed by the Bankruptcy Court on December 15, 2004, Docket No. 6657, a copy of which is attached hereto as Exhibit C.

Procedures Order means that certain Bankruptcy Court Order, inter alia, (i) scheduling a hearing to approve Asset Purchase Agreement with MTI/The Image Group, Inc. for the sale of substantially all of the Debtors' Studio Business assets, free and clear of all liens, claims, interests, charges and encumbrances, subject to higher or better offers; (ii) approving the form and manner of notice in connection therewith; and (iii) approving bidding procedures for the submission of any competing bids, dated December 8, 2000.

Procedures Order shall have the meaning set forth in the Preliminary Statements hereof.

Procedures Order means that Procedures Order re: (1) Real Property Sales

Procedures Order means one or more orders approving certain solicitation procedures for voting on the Plan and providing the relief described in Section 2.5 of this Settlement Agreement in form and substance acceptable to the Parties.