Stay Order definition
Examples of Stay Order in a sentence
Buyer will not, and will cause its Affiliates not to, and the Company will not, and will cause its Affiliates not to, oppose any request made in accordance with this Section 5.15(c) to lifting or modifying the Stay Order to allow the Pending Party Litigation to Proceed.
If the Stay Order is lifted or modified to permit or direct the Pending Party Litigation to proceed, either Buyer and its Affiliates on the one hand, or the Company and its Affiliates on the other hand, may request a status conference with the court.
If as a result of a Stay Order, Purchaser or its Affiliates are required pursuant to Section 5(e)(iii) to re-file for, or otherwise pursue, Replacement CONs to effect the Amended Transactions, the “date on which the Stay Order is no longer effective” in clause (c)(A), above, will be the date on which such Replacement CONs are issued.
Whether the Stay Order precluded the RTC from trying PVB’s complaint against TIDCORP.
Only to the extent an application for relief under the CCAA shall then have been commenced, the Canadian Stay Order shall have been issued by the Canadian Court no later than one (4) Business Days following the date on which the CCAA Case shall have been commenced and shall be in form and substance acceptable to the Agent and shall not have been appealed, stayed, reversed, or modified (except for such modifications as may be acceptable to the Agent and the Majority Lenders).