Auction definition

Auction shall have the meaning specified in Section 2.1 hereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Auction means a periodic operation of the Auction Procedures.

Auction means each periodic implementation of the Auction Procedures.

Examples of Auction in a sentence

Promptly following the close of the Auction, Seller shall (i) file with the Bankruptcy Court a list of each Executory Contract and the proposed amount of the Cure Costs associated with such Executory Contract (such list, the “Available Contract Schedule”) and (ii) serve written notice (each, a “Cure Notice”) to the non-debtor counterparty to each Executory Contract, which notice shall include the Available Contract Schedule.
From the Effective Time and until the closing of the Auction, each Seller Party is permitted to and to cause its Representatives and Affiliates to, initiate contact with, solicit or encourage submission of any inquiries, proposals or offers by, any Person (in addition to Buyer and its Affiliates and Representatives) in connection with a Competing Bid.

Auction shall have the meaning specified in Section 2.1 of the Auction Agency Agreement.

Auction has the meaning assigned to such term in the definition of “Dutch Auction”.

Auction shall have the meaning specified in Section 3.1 hereof.

Auction shall have the meaning set forth in Section 2.19(a).

Auction has the meaning set forth in the Bidding Procedures.

Auction means the implementation of the Auction Procedures on an Auction Date.

Auction means the auction that takes place at the end of a certain Round each time that the condition Nh > 1 occurs;