Sanction Order definition

Sanction Order means the Court Order to be sought by the Participating CCAA Parties from the Court as contemplated under the Plan which, inter alia, approves and sanctions the Plan and the transactions contemplated thereunder, pursuant to section 6(1) of the CCAA, substantially in the form of Schedule “E” or otherwise in form and content acceptable to the Participating CCAA Parties, the Monitor and the Parent, in each case, acting reasonably;

Sanction Order means the order of the Court made in the Proposal Proceeding approving the Proposal and directing the implementation of the Proposal.

Sanction Order means the Order of the Court sanctioning and approving the Plan.

Examples of Sanction Order in a sentence

• If the Plan is approved by the Required Majority in each Unsecured Creditor Class in respect of each Participating CCAA Party, the Participating CCAA Parties shall file a motion seeking the Sanction Order to be heard on June 29, 2018 or such later date as the Court may order.

• The Sanction Order filed with the Court shall be substantially in the form attached as Schedule “E” hereto, as may be amended with the consent of the Participating CCAA Parties, the Parent and the Monitor.

• Nothing in the Plan or Sanction Order shall require the Monitor or the Participating CCAA Parties to attempt to locate any Affected Unsecured Creditor, Employee, Governmental Authority or Secured Creditor whose distribution is not cashed within the aforesaid period.

• The Monitor will not be responsible or liable in its personal or corporate capacity for carrying out its obligations under the Plan or the Sanction Order nor will the Monitor be responsible for any obligations of the Participating CCAA Parties whatsoever.

• The Monitor will have the powers and protections granted to it by the Plan, the CCAA, the Initial Order, the Sanction Order and any other Court Order made in the CCAA Proceedings.

More Definitions of Sanction Order

Sanction Order means this Sanction Order, including the Schedules hereto, as may be amended or varied from time to time by subsequent Court Order;

Sanction Order means an Order to be made under the CCAA that, among other things, sanctions, authorizes and approves, and directs the Migu Plan Companies to implement and complete, the Plan, the Acquisition Agreement, the Plan Transactions and the Acquisition Transactions.

Sanction Order means the Order of the Court sanctioning and approving this Plan pursuant to section 6(1) of the CCAA, which shall include such terms as may be necessary or appropriate to (i) give effect to this Plan, in form and substance satisfactory to the Applicant and the Majority Consenting Noteholders, each acting reasonably, and (ii) allow Jaguar to rely on the exemption from registration set forth in section 3(a)(10) of the US Securities Act;

Sanction Order means the Order of the Court to be sought by the Monitor from the Court as contemplated under the Plan which, inter alia, approves and sanctions the Plan and the transactions contemplated thereunder, pursuant to section 6(1) of the CCAA;

Sanction Order means an Order made by the Court under the CCAA, among other things, to sanction, authorize and approve the Plan;

Sanction Order means the Order to be granted by the Court as contemplated under the Plan which, inter alia, approves and sanctions the Plan and the transactions and releases contemplated thereunder, which shall be a Final Order;

Sanction Order means an Order, in form and substance acceptable to Coalspur and the Monitor, among other things, sanctioning this Plan and giving directions regarding its implementation, which shall include the provisions set out in Section 8.1 of this Plan unless otherwise agreed to in writing by Coalspur and the Monitor;