Examples of Proposal Approval Order in a sentence
The execution, delivery, implementation and consummation of all matters contemplated under the Proposal involving corporate action of the Company, including pursuant to any provision of the OBCA, will be deemed to be authorized and approved under this Proposal and by the Court as part of the Proposal Approval Order in all respects and for all purposes without any requirement of further action by any Person.
Any Crown Claims, without interest, will be paid in full by the Company within six (6) months after issuance of the Proposal Approval Order.
After acceptance of this Proposal by the Required Majority at the Meeting, in accordance with the provisions of the BIA, the Proposal Trustee will present a motion (the “Proposal Approval Motion”) to the Court seeking the Proposal Approval Order on a date to be set out in the mailing to creditors provided by the Proposal Trustee.
The Company shall remit to the Proposal Trustee the Former Employee WEPP Equivalent Amount within ten (10) Business Days following the Proposal Approval Order, which sum is estimated to be $4,600,000.
In accordance with the BIA, the Debtor shall pay Employee Claims, if any, immediately following the issuance of the Proposal Approval Order.
The Company shall remit to the Proposal Trustee the WEPP Amount within five (5) Business Days following the Proposal Approval Order becoming final, which sum is estimated to be$4,453,216.92 (the “Employee Basket”).
The Canadian Proposals filed and the Canadian Proposal Approval Order shall be satisfactory to the Buyer in all matter, form and substance in the sole and unfettered discretion of the Buyer.
The Canadian Court shall have entered the Canadian Proposal Approval Order, which shall not be stayed, enjoined or modified.
The Canadian Court shall have entered the Canadian Proposal Approval Order and such Order shall not be stayed, enjoined or modified.
Except for (a) entry of the Approval Order and the Canadian Proposal Approval Order or (b) any third party notification obligations, consents or approvals as are reflected on Schedule 4.4, the execution, delivery and performance by Seller and Canadian Company of this Agreement and the Transaction do not require any notification obligations, consents, waivers, authorizations or approvals of, or filings with, any third Persons or Governmental Entities.