Bid Procedures definition
Examples of Bid Procedures in a sentence
In accordance with the Bid Procedures and Bidding Procedures Order, TPI Parent shall, or shall cause its Affiliate to, file with the Bankruptcy Court a notice of assumption and assignment and shall serve such notice on each applicable non-Debtor counterparty, which notice of assumption and assignment shall identify all Transferred Executory Contracts, in accordance with the Bid Procedures and Bidding Procedures Order.
Upon the execution of this Agreement, pursuant to the terms of the Escrow Agreement, Buyer shall immediately deposit the Purchase Price Deposit Escrow Amount with the Escrow Agent by wire transfer of immediately available funds, to be released by the Escrow Agent and delivered to either Buyer or TPI Parent in accordance with the provisions of this Agreement, the Escrow Agreement and the Bid Procedures.