Approval and Vesting Order definition

Approval and Vesting Order means an order of the Court issued in the CCAA Proceedings, substantially in the form of Schedule “A”, approving the transactions contemplated by this Agreement and vesting in the Purchaser all of the Vendors’ right, title and interest in and to the Purchased Assets free and clear of all Encumbrances.

Approval and Vesting Order means an Order of the Court issued in the Receivership Proceedings, in form and substance satisfactory to the Parties and the Receiver, each acting reasonably, approving the transactions contemplated by this Agreement and vesting in the Purchaser all of the Vendors’ right, title and interest in and to the Purchased Assets free and clear of all Encumbrances (other than Permitted Encumbrances).

Approval and Vesting Order means an order of the Court, substantially in the form attached hereto as Schedule F approving, among other things, the sale by Seller to Buyer of the Purchased Assets in accordance with the provisions of this Agreement, and vesting all of Seller's right, title and interest in and to the Purchased Assets in Buyer.

Examples of Approval and Vesting Order in a sentence

• Pursuant to paragraph 26(c) of the Transaction Approval and Vesting Order, the Court authorized and directed the Monitor to pay, on a pro rata basis, an aggregate amount not to exceed $4,000,000 to the Tobacco Tax Authorities for Incremental Post-Filing Tobacco Tax Exposure (as defined in paragraph 26(c) of the Transaction Approval and Vesting Order).

• A copy of the proposed Approval and Vesting Order is attached as Exhibit 1 to the U.S. Sale Order.

• The execution, delivery and, subject to obtaining of the Approval and Vesting Order in respect of the matters to be approved therein, performance by the Vendor of this Agreement has been authorized by all necessary corporate action on the part of the Vendor.

• Prior to the hearing on this Motion, the Receiver will file the Approval and Vesting Order as entered by the Québec Court.

• The Court shall have issued and entered the Approval and Vesting Order, which Approval and Vesting Order shall not have been stayed, set aside, or vacated and no application, motion or other proceeding shall have been commenced seeking the same, in each case which has not been fully dismissed, withdrawn or otherwise resolved in a manner satisfactory to the Parties, each acting reasonably.

More Definitions of Approval and Vesting Order

Approval and Vesting Order has the meaning given in Section 5.3;

Approval and Vesting Order means an order of the Court substantially in the form attached hereto as Exhibit A: (i) approving the sale of the Purchased Shares by the Receiver to the Purchaser pursuant to the terms of this Agreement; and (ii) providing for the vesting of the right, title, benefit and interest of KMG in and to the Purchased Shares in and to the Purchaser, free and clear of all Liens other than the Permitted Encumbrances.

Approval and Vesting Order means an order issued by the Court approving this Agreement and the transactions contemplated by this Agreement, and conveying to the Purchaser all of the Vendor’s right, title and interest in and to the Subject Assets free and clear of all Encumbrances other than the Permitted Encumbrances, which order shall be substantially in the form of Schedule “D” (with only such changes as may be required by the Land Registrar in order to register an Application for Vesting Order on title to the Property in the manner prescribed by the Land Titles Act (Ontario), and such other changes as the Parties shall approve in their reasonable discretion, but in all cases in form and substance acceptable to the Monitor).

Approval and Vesting Order means an order of the Court, in form and substance satisfactory to the Purchaser, BioSteel and the Monitor, each acting reasonably, among other things, approving and authorizing this Agreement and the Transaction and vesting in the Purchaser (or as it may direct) all the right, title and interest of BioSteel in and to the Purchased Assets owned by BioSteel free and clear of Encumbrances, Liability or Claims.

Approval and Vesting Order means an Order of the Court, among other things:

Approval and Vesting Order means the approval and vesting order to be sought by the Receiver in connection with the anticipated sale of the Resort Property, which will, among other things, vest title to the Resort Property in and to the proposed purchaser thereof, free and clear of (i) the interests of, among others, all Owners and (ii) other Non-permitted Encumbrances;

Approval and Vesting Order means an order of the Court approving the Transaction in accordance with the provisions of this Agreement, and vesting all of the Vendor's Interest in and to the Assets in the Purchaser free and clear of all Claims, Encumbrances (other than Permitted Encumbrances) and interests, such order to be substantially in the form attached hereto as Schedule B together with such modifications and amendments to such form as may be approved by the Vendor and the Purchaser, acting reasonably;