Proposed Abandonment definition

Proposed Abandonment has the meaning set forth in Section 5.6.
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Proposed Abandonment means the abandonment of assets subject to the Asset Liquidation Procedures.
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Examples of Proposed Abandonment in a sentence

  • Upon the filing by the chapter 7 trustee of a Notice of Proposed Abandonment and Report of No Distribution, the clerk shall promptly send the Notice to all persons listed on the CM/ECF list of creditors.

  • Appendix 6B Report of Sale.Appendix 6C Notice of Proposed Abandonment.

  • In addition, the applicable Debtor or Debtors may consummate a Proposed Sale or Proposed Abandonment prior to expiration of the applicable Objection Deadline if each Sale Notice Party consents in writing to the Proposed Sale or Proposed Abandonment.

  • The Trustee explained in her Notice of Proposed Abandonment that “the estate ha[d] no resources with which to pursue the Talc Claims.” (App.

  • After making this agreement with EuroGas II, the Trustee filed a Motion to Approve Agreement and a Notice of Proposed Abandonment with the bankruptcy court on August 18, 2016.On August 19, 2016, the Slovak Republic purchased two claims worth $240,181 each from a creditor of EuroGas I and, as a result, became an unsecured creditor in the reopened bankruptcy case.

  • See Objection by Creditor New Products Corporation to Trustee’s Notice of Proposed Abandonment and Request for Hearing (BC ECF No. 166).

  • The Sale Notice Parties represent the key parties in interest who should receive notice of any Proposed Sale or Proposed Abandonment.

  • If a Sale Notice Party files and serves an Objection to a Proposed Sale or Proposed Abandonment by the Objection Deadline, the Debtors and such objecting Sale Notice Party will use good faith efforts to resolve the objection consensually.

  • The Clerk’s Office served the Notice of Proposed Abandonment on July 17, 2016 via the Bankruptcy Noticing Center (Dkt.

  • The applicable Proposed Sale (including the assumption, assumption and assignment, or rejection of executory contracts and unexpired leases proposed in connection with such sale) or Proposed Abandonment will be deemed final and fully authorized by the Court upon either (a) the expiration of the Objection Deadline without the assertion of any Objections by any Sale Notice Party or (b) the written consent of all Sale Notice Parties.

Related to Proposed Abandonment

  • Proposed permit means a VSMP permit prepared after the close of the public comment period (and, when applicable, any public hearing and administrative appeals) that is sent to EPA for review before final issuance. A proposed permit is not a draft permit.

  • Proposed Acquisition means the proposed acquisition by the Borrower or any of its Subsidiaries of all or substantially all of the assets or Stock of any Proposed Acquisition Target, or the merger of any Proposed Acquisition Target with or into the Borrower or any Subsidiary of the Borrower (and, in the case of a merger with the Borrower, with the Borrower being the surviving corporation).

  • Proposed Transaction is defined in Section 6.2(a).

  • Proposed Acquirer means a Person proposed by a Respondent (or a Divestiture Trustee) to the Commission and submitted for the approval of the Commission as the acquirer for particular assets or rights required to be assigned, granted, licensed, divested, transferred, delivered or otherwise conveyed pursuant to this Order.

  • Proposed Contract means the agreement including any other terms and conditions contained in or referred to in this RFP that may be executed between the DBSA and the successful Bidder.

  • Proposed Project SCHEDULE: (edit schedule below as appropriate) Project Event Completion Date Pre-bid Meeting Questions Due Proposals Due Begin Work Programming Phase Permitting Phase Schematic Design Phase Design Development Phase Construction Documents Phase Bidding or Negotiation Phase Construction Administration 1-Year Warranty

  • Proposed Works means the sewage works described in the Owner's application, this Certificate and in the supporting documentation referred to herein, to the extent approved by this Certificate;

  • Proposed Change has the meaning assigned to such term in Section 9.02(c).

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Stockholders.

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.

  • Proposed Change Order (PCO means a document that informs Contractor of a proposed change in the Work and appropriately describes or otherwise documents such change including Contractor’s response of pricing for the proposed change.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Disposition Notice is defined in Section 5.2(a).

  • Proposed Sale shall have the meaning set forth in Section 4.2(a).

  • Acquisition Notice has the meaning ascribed to such term in Section 2.1(a).

  • Environmental Notice means any written directive, notice of violation or infraction, or notice respecting any Environmental Claim relating to actual or alleged non-compliance with any Environmental Law or any term or condition of any Environmental Permit.

  • Proposed decision means the presiding officer’s recommended findings of fact, conclusions of law, decision, and order in a contested case in which the administrator did not preside.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Company Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Proposed Plan As defined in Section 3.17(a)(iii).

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Third Party Acquisition has the meaning set forth in Section 4.7(a).

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.