Examples of Sale Approval Motion in a sentence
Such approvalis without prejudice or limitation to any response that might be raised to the Sale Approval Motion.
To the extent the Seller Debtor Entities determine the filing of the Bid Procedures Approval Motion and Sale Approval Motion can be filed as one consolidated motion pursuant to local practice and the rules of bankruptcy procedure adopted by the Bankruptcy Court, the Seller Debtor Entities may file the Bid Procedures Approval Motion and the Sale Approval Motion as one consolidated motion.
In connection with the Sale Approval Motion, the Monitor will file a report with the Court, which will articulate the Monitor’s views on the Proposed Transaction having regard to, among other things, the considerations set out in subsections 36(3)-(4) of the CCAA.
Purchaser shall be responsible for providing evidence and argument in support of the Sale Approval Motion in order to establish its ability to provide “adequate assurance of future performance” (within the meaning of Section 365(f)(2)(B) of the Bankruptcy Code) of any Contract identified as an Assigned Contract.
Purchaser shall be responsible for providing evidence and argument in support of the Sale Approval Motion in order to establish its ability to provide "adequate assurance of future performance" (within the meaning of Section 365(f)(2)(B) of the Bankruptcy Code) of any Contract identified as an Assigned Contract.
The Seller Debtor Entities shall provide in the Bid Procedures Approval Motion and the Sale Approval Motion that all responses or objections shall be served on, among others, counsel to the Purchaser.
Such approval is without prejudice or limitation to any response that might be raised to the Sale Approval Motion.
Based on the foregoing, the Monitor respectfully recommends that this Honourable Court make an order granting the relief sought by the Applicants at the Sale Approval Motion returnable April 11, 2017.
Closing DateWithin 14 days from the date of the Sale Approval Motion The Receiver shall have the option at its discretion and without a further order of the Court to extend the Bid Deadline, by a period not exceeding 10 days, and the deadline for a Sale Approval Motion.
INTERPRETATION This notice is a summary of the relief to be sought in the Sale Approval Motion including the terms of the proposed form of the Approval and Vesting Order.