Sale Procedures Motion definition

Sale Procedures Motion means the Sellers’ motion filed with the Bankruptcy Court seeking entry of the Sale Procedures Order.
Sale Procedures Motion has the meaning set forth in Section 3.2.
Sale Procedures Motion means a motion, in form and substance reasonably acceptable to counsel for the Supporting Shareholders, to be filed with the Bankruptcy Court seeking relief on shortened notice to conduct the Sale and for approval of sale procedures in connection therewith.

Examples of Sale Procedures Motion in a sentence

  • All notices of sale given to creditors and other parties in interest must contain the information required by paragraphs 1.H through 1.K and paragraphs 2.A through 2.H above, in addition to any other orders made as a result of a Sale Procedures Motion.

  • The Sellers will use their reasonable best efforts to cause the Bankruptcy Court to enter the Sale Procedures Order as soon as practicable after the filing of the Sale Procedures Motion.

  • On December 12, 2014, the Bankruptcy Court entered an order (the “Sale Procedures Order”) [D.I. 147] granting the Sale Procedures Motion.

  • On February 25, 2016, the Court entered its order approving the Sale Procedures Motion (the “Sale Procedures Order”) [Docket No. 131].

  • By order dated December 15, 2014 [Docket No. 804] (the “Excess Assets Sales Procedures Order”), the Bankruptcy Court granted the Excess Assets Sale Procedures Motion (with certain revisions).

  • The Sale Procedures Motion, when combined with each Notice of Proposed Public Sale, is deemed a motion under Bankruptcy Rule 6004(c) for authority to sell property free and clear of interests.

  • The Private Sale Procedures Motion, when combined with each Notice of Proposed Private Sale, is deemed a motion under Bankruptcy Rule 6004(c) for authority to sell property free and clear of interests.

  • Kaplan Decl., ¶ 13, Exhibit 12.On October 4, 2018, the Bank filed its Reply Memorandum and Points and Authorities in support of the Sale Procedures Motion and Reply Declarations of Kevin Singer and Robert Kaplan in support thereof.

  • Mr. Sohn filed objections to the Wells Fargo 9019 Motion and Sale Procedures Motion [Dkt.

  • The Borrower agrees that it will use best efforts to (i), file the Sale Procedures Motion with the Bankruptcy Court within three (3) Business Days after the Petition Date, (ii) obtain entry of the Sale Procedures Order within thirty (30) days after the date the Sale Procedures Motion has been filed, (iii) obtain entry of a Sale Order as promptly as practicable and conduct the closing of such sale as promptly as practicable after entry of the Sale Order.


More Definitions of Sale Procedures Motion

Sale Procedures Motion means a motion seeking entry of the Sale ProceduresOrder.
Sale Procedures Motion. A motion, in form and substance acceptable to the Lender, which may be separate from or combined with the Sale Motion, establishing sale procedures, and which shall include a request for the approval of a break-up fee of 3.5% of the Base Cash Price (as defined in the Asset Purchase Agreement) plus reimbursement of all of reasonable and documented expenses of Purchaser related to the Chapter 11 Case (other than with respect to the Loan or the Existing Credit Facilities) in an amount not to exceed $500,000, to be paid by Borrower to the Lender in the event that Borrower sells, transfers or otherwise disposes of all or substantially all of its assets other than to the Purchaser.
Sale Procedures Motion has the meaning set forth in the Section 7.1(a).
Sale Procedures Motion means a motion seeking entry of the Sale Procedures Order, which motion shall be in form and substance reasonably satisfactory to Administrative Agent, the Pre-Petition Agent and the Required Pre-Petition Lenders.
Sale Procedures Motion shall have the meaning given such term in Section 5.4(a).

Related to Sale Procedures Motion

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

  • Disclosure Statement means the written disclosure statement that relates to this Plan, as approved by the Bankruptcy Court pursuant to section 1125 of the Bankruptcy Code and Bankruptcy Rule 3017, as such disclosure statement may be amended, modified or supplemented from time to time.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.