Initial Approval Order Sample Clauses
The Initial Approval Order clause establishes the formal authorization required to commence a particular action, project, or transaction under an agreement. Typically, this clause outlines the process by which one or more parties must review and approve specific documents, plans, or steps before any substantive work or obligations begin. For example, it may require a court or regulatory body to issue an order confirming that all preliminary conditions have been met. The core function of this clause is to ensure that all necessary prerequisites are satisfied and that parties have explicit consent before proceeding, thereby reducing the risk of disputes or unauthorized actions.
Initial Approval Order. The Initial Approval Order shall have become a Final Approval Order.
Initial Approval Order. The Initial Approval Order shall have become a Final Approval Order. “Final Approval Order” shall mean an Initial Approval Order of the Bankruptcy Court, which has not been reversed, stayed, modified or amended, and as to which (a) the time to appeal, seek certiorari or request reargument or further review or rehearing has expired or been waived and no appeal, petition for certiorari or request for reargument or further review or rehearing has been timely filed, or (b) any appeal that has been or may be taken or any petition for certiorari or request for reargument or further review or rehearing that has been or may be filed has been resolved by the highest court to which the order or judgment was appealed, from which certiorari was sought or to which the request was made and no further appeal or petition for certiorari or request for reargument or further review or rehearing has been or can be taken or granted.