Examples of Bid Procedures Order in a sentence
On May 11-12, 2021 the Debtors conducted an auction pursuant to the terms of the Bid Procedures Order, which included eight rounds of competitive bidding from an opening bid of approximately $13 million.
On March 8, 2021, the Debtors filed the Sale Motion, and on April 7, 2021, the Bankruptcy Court entered the Bid Procedures Order.
It will include information on:• what legislation is contravened• what works are required and why• agreed timescales, wherever possible• the nature of the enforcement action the authority may take in the future.•All investigations we carry out into alleged breaches will follow best professional practice and meet all necessary requirements of relevant legislation (as listed in 4.0).
The Bid Procedures Order establishes the Bid Procedures that govern the manner in which the Purchased Assets are to be sold.
As a precondition to the execution of the Purchase Agreements, TW NY and Comcast required that the Debtors seek the approval of the Bankruptcy Court for certain modifications to the Bid Procedures Order.