Common use of Bankruptcy Court Approval of Sale Procedure Clause in Contracts

Bankruptcy Court Approval of Sale Procedure. Promptly following the Execution Date (and in no event later than ten (10) business days thereafter), the Seller will file a motion (the "Sale Procedure Motion") with the Bankruptcy Court requesting the entry of an order (the "Procedure Order"), such Sale Procedure Motion and Procedure Order to be in form and content reasonably satisfactory to Buyer, setting forth the following procedures:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ddi Corp), Asset Purchase Agreement (Ddi Corp)

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Bankruptcy Court Approval of Sale Procedure. Promptly following the Execution Date (and in no event later than ten (10) the first business days thereafterday following the fifth day after the Execution Date), the Seller will file Sellers filed a motion (the "Sale Procedure Motion") with the Bankruptcy Court requesting the entry of and obtained an order (the "Procedure Order"), such Sale Procedure Motion and Procedure Order to be ”) in form and content reasonably satisfactory to Buyer, authorizing and directing the Sellers to assume this Agreement and setting forth the following procedures:

Appears in 1 contract

Samples: Asset Purchase Agreement (Children S Books & Toys Inc)

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Bankruptcy Court Approval of Sale Procedure. Promptly following the Execution Date (and in no event later than ten (10) the first business days thereafterday following the fifth day after the Execution Date), the Seller will Sellers shall file a motion (the "Sale Procedure Motion") with the Bankruptcy Court requesting the entry of an order (the "Procedure Order"), such Sale Procedure Motion and Procedure Order to be ”) in form and content reasonably satisfactory to Buyer, authorizing and directing the Sellers to assume this Agreement and setting forth the following procedures:

Appears in 1 contract

Samples: Asset Purchase Agreement (Fao Inc)

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