Common use of Bankruptcy Court Approval Clause in Contracts

Bankruptcy Court Approval. The Bankruptcy Court shall have entered the Sale Order, in form and substance reasonably satisfactory to Buyer, and the implementation, operation or effect of such order shall not be stayed or any stay entered shall have been dissolved.

Appears in 5 contracts

Samples: Asset Purchase Agreement (American Architectural Products Corp), Asset Purchase Agreement (American Architectural Products Corp), Asset Purchase Agreement (American Architectural Products Corp)

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Bankruptcy Court Approval. The Bankruptcy Court shall have entered the Sale Order, in form and substance reasonably satisfactory to BuyerSeller, and the implementation, operation or effect of such order shall not be stayed or any stay entered shall have been dissolved.

Appears in 5 contracts

Samples: Asset Purchase Agreement (American Architectural Products Corp), Asset Sale Agreement (American Architectural Products Corp), Asset Purchase Agreement (American Architectural Products Corp)

Bankruptcy Court Approval. The Bankruptcy Court shall have entered the Sale Order, in form and substance reasonably satisfactory to Buyer, and the implementation, operation or effect of such order shall not be stayed or any stay entered shall have been dissolved, and the Bankruptcy Court shall not have entered any order which would result, or would reasonably be expected to result, in Condition-Triggering Losses.

Appears in 1 contract

Samples: Master Transaction Agreement (Kaiser Group International Inc)

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Bankruptcy Court Approval. The Bankruptcy Court shall have entered the Sale Order, in form and substance reasonably satisfactory to BuyerBuyer (including without limitation as it relates to the absence of adverse claims), and the implementation, operation or effect of such order shall not be stayed or any stay entered shall have been dissolved.

Appears in 1 contract

Samples: Master Transaction Agreement (Kaiser Group International Inc)

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