Bankruptcy Order Sample Clauses

Bankruptcy Order. No Borrower nor any Affiliate of Borrowers is in default in any material respect under its obligations under the Bankruptcy Order.
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Bankruptcy Order. A certified copy of a Transfer Order confirming the Bankruptcy Court’s approval of the Contemplated Transactions and this Agreement;
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Bankruptcy Order. The Bankruptcy Court shall have entered the Implementation Order, in form and substance satisfactory to WFPC, approving the execution, delivery and performance of the Note, this Agreement and all other Credit Documents, as applicable, the pledge of the Collateral to WFPC as security for the Loan made hereunder and the borrowing evidenced by the Note;
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Bankruptcy Order. The Bankruptcy Court shall have entered orders in the forms set forth in the Acquisition Agreement (as in effect on March 6, 2017), as amended, modified or supplemented with the prior written consent of the Arrangers (not to be unreasonably withheld, conditioned or delayed) or as otherwise amended, modified or supplemented to the extent that Sponsor does not have an approval right with respect thereto pursuant to the Acquisition Agreement (as in effect on March 6, 2017) (the “Bankruptcy Court Orders”), authorizing and approving the entry by SunEdison and any other debtor party thereto into (i) the Settlement Agreement (as defined in the Acquisition Agreement as in effect on March 6, 2017), as the form thereof is amended, modified or supplemented with the prior written consent of the Arrangers (not to be unreasonably withheld, conditioned or delayed) or as otherwise amended, modified or supplemented to the extent that the Sponsor does not have an approval right with respect thereto, and (ii) the Voting and Support Agreement (as defined in the Acquisition Agreement as in effect on March 6, 2017), as the form thereof is amended, modified or supplemented with the prior written consent of the Arrangers (not to be unreasonably withheld, conditioned or delayed) or as otherwise amended, modified or supplemented to the extent that the Sponsor does not have an approval right with respect thereto. The Bankruptcy Court Orders shall be in full force and effect and shall be Final Orders (as defined in the Acquisition Agreement as in effect on March 6, 2017), as the form thereof is amended, modified or supplemented with the prior written consent of the Arrangers (not to be unreasonably withheld, conditioned or delayed) or as otherwise amended, modified or supplemented to the extent that the Sponsor does not have an approval right with respect thereto.
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Bankruptcy Order. 34 3.28 Fees............................................................34 3.29
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Bankruptcy Order. Seller has provided to Parent a true and complete copy of the order, dated January 14, 1991, together with all amendments and modifications, confirming the plan of reorganization of Seller filed under Chapter 11 of Title 11 of the United States Code, as amended, filed on November 5, 1990, as modified on November 15, 1990, together with all subsequent amendments and modifications.
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Bankruptcy Order. 25 Closing..............................................................................................28
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Bankruptcy Order. There shall occur a default or event of default under, or any non-compliance with, or termination of, the Order. Notwithstanding the foregoing, unless and until such time that the Bankruptcy Filing in respect of any Borrower is converted to a Chapter 7 proceeding, the Bankruptcy Filing is dismissed or a trustee, receiver, examiner with expanded powers or other custodian is appointed, (A) except for purposes of the references to Events of Default in Section 13 hereof and for the termination of any pre-petition commitments under the Prior Credit Agreement, the Bankruptcy Filing shall not constitute an Event of Default under Section 9.1(f); and (B) Section 9.1(h) of the Agreement shall not apply to the Borrowers or any obligations incurred by them prior to the Bankruptcy Filing and said Section shall be subject to applicable bankruptcy law, the Order and any further orders entered by the Court.
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Bankruptcy Order. 6.01 "Change of Control Offer" .................................. 4.06 "Change of Control Purchase" ............................... 4.06 "Change of Control Repurchase Date" ........................ 4.06 "Covenant Defeasance" ...................................... 8.03 "Custodian" ................................................ 6.01 "Event of Default" ......................................... 6.01 "Excess Proceeds" .......................................... 4.07 "Excluded Holder" .......................................... 10.02 "Legal Defeasance" ......................................... 8.02 "Offer Amount" ............................................. 3.09
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Related to Bankruptcy Order

  • Bankruptcy Court Order The Interim Bankruptcy Court Order or the Final Bankruptcy Court Order, as the case may be, is in full force and effect, and has not been reversed, stayed, modified or amended absent the joinder and consent of the Agent and the Borrower.

  • Bankruptcy Proceedings The commencement of any proceedings by or against Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

  • Bankruptcy Petition Each of Seller, the Servicer, the Collateral Agent, the Managing Agents and each Committed Purchaser hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior Indebtedness of a Conduit Purchaser, it will not institute against, or join any other Person in instituting against, such Conduit Purchaser, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

  • Bankruptcy, Insolvency or Reorganization Proceedings If an Event of Default specified under Section 9.1.12 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the Issuing Lender shall be under no obligation to issue Letters of Credit and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

  • Bankruptcy or Insolvency If the Borrower, Grantor or any Guarantor: (i) becomes insolvent, or makes a transfer in fraud of creditors, or makes an assignment for the benefit of creditors, or admits in writing its inability to pay its debts as they become due; (ii) generally is not paying its debts as such debts become due; (iii) has a receiver, trustee or custodian appointed for, or take possession of, all or substantially all of the assets of such party or any of the Collateral, either in a proceeding brought by such party or in a proceeding brought against such party and such appointment is not discharged or such possession is not terminated within sixty (60) days after the effective date thereof or such party consents to or acquiesces in such appointment or possession; (iv) files a petition for relief under the United States Bankruptcy Code or any other present or future federal or state insolvency, bankruptcy or similar laws (all of the foregoing hereinafter collectively called "Applicable Bankruptcy Law") or an involuntary petition for relief is filed against such party under any Applicable Bankruptcy Law and such involuntary petition is not dismissed within sixty (60) days after the filing thereof, or an order for relief naming such party is entered under any Applicable Bankruptcy Law, or any composition, rearrangement, extension, reorganization or other relief of debtors now or hereafter existing is requested or consented to by such party; (v) fails to have discharged within a period of sixty (60) days any attachment, sequestration or similar writ levied upon any property of such party; or (vi) fails to pay within thirty (30) days any final money judgment against such party.

  • Bankruptcy Code Title 11 of the United States Code, as the same may be amended from time to time.

  • Bankruptcy; Insolvency Upon the occurrence of any proceeding of the type described in Section 5.1(d) of the Sale Agreement involving SPV as debtor, then and in any such event the Senior Claimants shall receive payment in full of all amounts due or to become due on or in respect of Capital and the Senior Claim (including "CP Costs" and "Yield" as defined and as accruing under the Purchase Agreement after the commencement of any such proceeding, whether or not any or all of such CP Costs or Yield is an allowable claim in any such proceeding) before Originator is entitled to receive payment on account of this Subordinated Note, and to that end, any payment or distribution of assets of SPV of any kind or character, whether in cash, securities or other property, in any applicable insolvency proceeding, which would otherwise be payable to or deliverable upon or with respect to any or all indebtedness under this Subordinated Note, is hereby assigned to and shall be paid or delivered by the Person making such payment or delivery (whether a trustee in bankruptcy, a receiver, custodian or liquidating trustee or otherwise) directly to the Agent for application to, or as collateral for the payment of, the Senior Claim until such Senior Claim shall have been paid in full and satisfied.

  • Section 365(n) of the Bankruptcy Code All rights and licenses granted under this Agreement are, and shall otherwise be deemed to be, for purposes of Section 365(n) of the United States Bankruptcy Code (the “Bankruptcy Code”), licenses of rights to “intellectual property” as defined under Section 101(35A) of the Bankruptcy Code. The Parties shall retain and may fully exercise all of their respective rights and elections under the Bankruptcy Code.

  • Sale Order The Bankruptcy Court shall have entered the Sale Order and the Sale Order shall be a Final Order.

  • No Bankruptcy Proceedings No Person shall have commenced a proceeding against the Company pursuant to or within the meaning of any Bankruptcy Law. The Company shall not have, pursuant to or within the meaning of any Bankruptcy Law, (a) commenced a voluntary case, (b) consented to the entry of an order for relief against it in an involuntary case, (c) consented to the appointment of a Custodian of the Company or for all or substantially all of its property, or (d) made a general assignment for the benefit of its creditors. A court of competent jurisdiction shall not have entered an order or decree under any Bankruptcy Law that (I) is for relief against the Company in an involuntary case, (II) appoints a Custodian of the Company or for all or substantially all of its property, or (III) orders the liquidation of the Company or any of its Subsidiaries.

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