Backstop Approval Motion definition

Backstop Approval Motion means the motion seeking entry of the Backstop Approval Order.
Backstop Approval Motion means the motion Filed by the Debtors seeking entry of the Backstop Approval Order.
Backstop Approval Motion means the motion and proposed form of order to be Filed by the Debtors with the Bankruptcy Court seeking the approval of the Backstop Purchase Agreement, including the Rights Offering Procedures, pursuant to section 363 of the Bankruptcy Code or otherwise, authorizing the payment of certain expenses and other amounts thereunder (including the Equity Put Option Shares, the Notes Put Option Shares, the Liquidated Damages Payment and the Backstop Expenses) and the indemnification provisions set forth

Examples of Backstop Approval Motion in a sentence

  • All holders of Allowed Prepetition Secured Loan Claims should review the securities laws restrictions and notices set forth in this Disclosure Statement, the Plan (including, without limitation, under Article V of the Plan), and the Purchase Commitment and Backstop Approval Motion (when filed) in full.

  • The Committee believes that granting the Backstop Approval Motion at this time, given all the uncertainties facing the Debtors, would be premature.

  • As will befurther demonstrated at the hearing to consider the Backstop Approval Motion, not only is the Backstop Commitment Premium exorbitant vis-a-vis prior iterations of the same agreement in these Chapter 11 Cases, the premium is also excessive as compared to similarly-sized rights offerings in other chapter 11 cases.

  • The procedures and instructions for exercising the Subscription Rights are set forth in the Equity Rights Offering Procedures, which will be attached as an exhibit to the Backstop Approval Motion.

  • Rather than controlling access or copying, the Sony XCP Rootkit DRM sought to simply record the use that was made of its CDs by surreptitiously installing an application on the host computer.

  • Within the Umbrella Fund, there are Shariah-compliant Sub-funds and non-Shariah compliant Sub-funds.

  • The Committee expressly reserves all of its rights to assert additional objections to the Backstop Approval Motion either at or prior to any hearing on the Backstop Approval Motion, especially in these circumstances, where an executed agreement has not been filed with the Court and the drafts available to the Committee differ materially from turn to turn.

  • The Committee further preserves its right to continue to seek discovery in connection with the Backstop Approval Motion and supplement the arguments made herein with any additional facts disclosed through discovery.

  • If necessary, appropriate adjustments shall be made in the application of the provisions set forth in this Section 4 with respect to the rights and interests thereafter of the Holder of this Warrant certificate to the end that the provisions set forth in this Section 4 shall thereafter correspondingly be made applicable as nearly as may be reasonable in relation to any shares or other securities or property thereafter deliverable upon the exercise of the Warrants evidenced hereby.

  • Finance Director Bill Reid said that although we are on a biennium budgeting system, we do track expenditures on an annual basis and things are pretty much where they should be two months into the fiscal year.


More Definitions of Backstop Approval Motion

Backstop Approval Motion means the Debtors' Motion for Entry of an Order (I) Authorizing Debtors to (A) Enter into Backstop Purchase Agreement, (B) Pay Specified Payment and Related Expenses, (C) Provide Indemnification to Certain Parties and (II) Granting Related Relief [Docket No. 200].

Related to Backstop Approval Motion

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • Approval Order means (i) an order in the form attached hereto as Exhibit 2; or (ii) in the event of a timely objection to the motion to approve the Agreement that if sustained would reduce the full Settlement Amount available to pay Asbestos-Released Claims, an order in such form agreed to in writing by the Parties, entered by the Bankruptcy Court that (a) approves this Agreement, (b) authorizes the Parties to undertake the settlement and the sale of the Subject Policies as set forth in this Agreement, and (c) provides for the Injunction.

  • Sale Motion means the motion or motions of Sellers filed with the Bankruptcy Court seeking approval and entry of the Sale Order.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • FCC Approval means the FCC’s grant of the FCC Applications; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

  • Requisite Approval means the affirmative vote of the holders of (a) at least a majority of the outstanding shares of Company Capital Stock, voting together as a single class and (b) at least a majority of the outstanding shares of Series A-1 Preferred Stock, Series B Preferred Stock and Series C Preferred Stock, voting together as a single class on an as-converted basis.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • DIP Motion means the motion filed by the Debtors seeking entry of the DIP Orders.

  • Sale Order means an Order of the Bankruptcy Court approving the Transactions, in form and substance (with respect to the provisions of such Sale Order applicable to the Acquired Assets only) reasonably acceptable to each of the Parties.

  • Disclosure Statement Order means the order of the Bankruptcy Court approving the Disclosure Statement.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • Final Approval Order means the entry of the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit D hereto.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.

  • Approval Letter means the letter from WRAS to the Applicant confirming the grant of WRAS Approval in respect of a Product;

  • Interim Order means the interim order of the Court made in connection with the process for obtaining shareholder approval of the Arrangement and related matters, as such order may be amended, supplemented or varied by the Court;

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Disclosure Statement means the written disclosure statement that relates to this Plan, as approved by the Bankruptcy Court pursuant to section 1125 of the Bankruptcy Code and Bankruptcy Rule 3017, as such disclosure statement may be amended, modified or supplemented from time to time.

  • Final Approval Hearing means the hearing to be conducted by the Court to determine the fairness, adequacy, and reasonableness of the Settlement pursuant to Federal Rule of Civil Procedure 23 and whether to issue the Final Approval Order and Judgment.

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • FCC Order means Federal Communications Commission Order 94-102 (61 Federal Register 40348)

  • Consent Solicitation Statement means the consent solicitation statement included as part of the Registration Statement with respect to the solicitation by the Company of the Company Stockholder Approval.

  • Consent Solicitation has the meaning set forth in Section 6.15(b).