Reverse Vesting Order definition

Reverse Vesting Order means an Order of the Court permitting the transferring and vesting out absolutely, without formal legal conveyance, all claims of General Unsecured Creditors to Newco, as contemplated under this Plan and in the Reverse Vesting Order;
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Reverse Vesting Order means an Order of the Court adding Newco as a CCAA applicant and permitting the transferring and vesting out absolutely, without formal legal conveyance, allclaims of General Unsecured Creditors to Newco, as contemplated under this Plan and in the Reverse Vesting Order;
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Reverse Vesting Order means a reverse vesting order of the Court, substantially in the form attached hereto as Schedule “B” pursuant to which the Nominee continues to hold all of its right, title, and interest in the Lands and the Buildings, and all Claims and encumbrances against the Nominee, including all Claims and encumbrances against the Nominee’s interest in the Lands and the Buildings are vested in a new entity incorporated for that purpose.
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Examples of Reverse Vesting Order in a sentence

  • The scope of the project did not allow for interviews with representatives from the selected jurisdictions nor a request for resource materials from the jurisdictions.

  • JMB shall be released from the purview of the Initial Order and all other orders of this Court granted in respect of these CCAA Proceedings, save and except for the Sanction Order, the Reverse Vesting Order and the SAVO, which Orders shall continue to apply to JMB in all respects.

  • Pursuant to the APA, the Monitor, with the support and assistance of the Vendors and Mantle, will apply to the Court for the SAVO and the Reverse Vesting Order.

  • The Mantle Transactions, in their final form, were approved on March 31, 2021, pursuant to the following Orders: (i) the Amended Reverse Vesting Order (the “ Amended RVO”), which also added ResidualCo as a debtor company to the within CCAA Proceedings;9 (ii) the Amended Sale Approval and Vesting Order; (iii) the Amended Assignment Order;10 (iv) the Amended Plan Sanction Order; and, (v) the Stay Extension and Extended Stay Extension Order11 (collectively, the “March 31 Orders”).

  • The BSC domains summarize the health sector from the following six perspectives: 1.

  • Since the issuance of the Approval and Reverse Vesting Order, the Applicants have been working towards expeditiously closing the Transactions contemplated under the Purchase Agreement by the anticipated closing date of November 30, 2023.

  • Writing literature reviews: A guide for students of the social and behavioral sciences (3rd ed.).

  • Capitalized terms not otherwise defined herein shall have the meanings given to them in the Approval and Reverse Vesting Order of this Court dated November 9, 2023 (the “ ARVO”).

  • Non-disclosure of the Contract and breach of the duty of full and frank disclosure by JMB and its Counsel in relation to the applications for the Initial Order, the Amended and Restated Initial Order, the Eidsvik May 20 Order, the Order (Amended and Restated Mantle Sale Approval and Vesting Order) and the Reverse Vesting Order.

  • The Applicants acted to their prejudice in not opposing the Order (Amended and Restated Mantle Sale Approval and Vesting Order) and the Reverse Vesting Order based on the non- disclosure of the Contract and of paragraph 26 thereof and the breach of the duty of full and frank disclosure by JMB and its Counsel.

Related to Reverse Vesting Order

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Date of Award means the date this Contract is fully executed.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.