Sale Approval and Vesting Order definition

Sale Approval and Vesting Order means an order of the Court on service satisfactory to the Purchaser, acting reasonably, approving this Agreement and the transactions contemplated hereby and vesting in and to the Purchaser the Purchased Assets, free and clear of and from any and all “Claims” and “Encumbrances” (as each such term is defined therein) other than Permitted Encumbrances, substantially in the form of Schedule 1.1 hereto, subject to such amendments as the Seller and the Purchaser may mutually agree acting reasonably;
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Sale Approval and Vesting Order means an order to be granted by the Court, substantially in the form of Sale Approval and Vesting Order as attached in Schedule 1, with any amendments thereto to be acceptable to each of the Monitor and the Purchaser, each acting reasonably, which authorizes, approves and confirms this Agreement and the sale of the Purchased Assets by the Debtor to the Purchaser in accordance with the terms and conditions contained herein, and vests beneficial title to the Purchased Assets in the Purchaser free and clear of all Encumbrances, other than any Permitted Encumbrances;
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Sale Approval and Vesting Order means an order of the Court approving the Transaction in accordance with the provisions of this Agreement, and, subject to Closing, vesting all of the Vendor's Interest in and to the Assets in the Purchaser free and clear of all Claims (other than Permitted Encumbrances) and interests, such order to be substantially in the form attached hereto as Schedule B together with such modifications and amendments to such form as may be approved by both the Vendor and the Purchaser, acting reasonably;
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Examples of Sale Approval and Vesting Order in a sentence

  • Unless otherwise indicated herein, terms with initial capitals have the meanings set out in the Sale Approval and Vesting Order.

  • The Applicants hope to close a transaction with the Purchaser and will be seeking a Sale Approval and Vesting Order before May 31, 2021.

  • As another example, it will generally not be appropriate for a Sale Approval and Vesting Order to vest off interests which are registered subsequent to the granting of the Order.

  • The License Agreement provides for the license of certain copyright owned or licensed by certain of the Applicants in respect of titles in the Development Pipeline for which tax credits are still outstanding; and  the Court shall have issued a Sale Approval and Vesting Order.

  • Given the potential prejudice to a future sales process in the event that the Proposed Transaction is not approved by the Honourable Court or does not close, the Proposed Receiver respectfully requests that this Honourable Court seal this First Confidential Supplemental Report until thefiling of a Receiver’s Certificate substantially in the form attached to the Sale Approval and Vesting Order being sought as part of the Application.

  • Service of this Order shall be deemed good and sufficient by serving the same in accordance with the procedures in the CaseLines Service Order granted on May 29, 2020.Justice of the Court of Queen’s Bench of Alberta SCHEDULE “A” TO THE ORDER(Amended Sale Approval and Vesting Order) Clerk’s StampMONITOR’S CERTIFICATECOURT FILE NUMBER 2001-05482 COURT COURT OF QUEEN’S BENCH OF ALBERTA JUDICIAL CENTRE CALGARY IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c.

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  • The License Agreement provides for the license of certain copyright owned or licensed by certain of the Applicants in respect of titles in the Development Pipeline for which tax credits are still outstanding; and • the Court shall have issued a Sale Approval and Vesting Order.

  • Nonetheless, a disorderly servicing transfer may still be confusing or stressful for borrowers.74Moody’s Investors Service, “Mortgage Finance Companies: Profitability Will Stay Modest as Rates Increase and Originations Decline,” June 15, 2017.‌75See Anenberg, Hizmo, Kung, and Molloy (2017) for one study that establishes the significant effect ofcredit availability on house prices.

  • Unless otherwise indicated herein, terms with initial capitals have the meanings set out in the Olyphant Purchase Agreement or the Property Sale Approval and Vesting Order.

Related to Sale Approval and Vesting Order

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Final Approval Order means the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit 5 hereto.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.

  • Final Approval Date means the date on which the Court enters the Final Order and Judgment.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Seller approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Seller to consummate the Transactions.

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Non-Approval Event means, in respect of the Benchmark:

  • Preliminary Approval Date means the date on which the Court enters the Preliminary Approval Order.

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;