Bid Procedures Order definition

Bid Procedures Order means an Order of the Bankruptcy Court that (a) is in substantially the form set forth as Exhibit A to this Agreement or otherwise in a form reasonably satisfactory to the Sellers and acceptable to the Buyer in its sole discretion, and (b) approves procedures for the solicitation and consideration of competitive bids for the Assets under the terms and conditions of this Agreement and authorizing the protections set forth in Article 11 for the Buyer.
Bid Procedures Order means the order of the Bankruptcy Court entered on September 19, 2013 approving the Bidding Procedures in connection with the sale of substantially all of the Sellers’ assets.
Bid Procedures Order means the interim order approving the Plan Sponsor procedures, entered by the Bankruptcy Court on March 25, 2008.

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.


More Definitions of Bid Procedures Order

Bid Procedures Order means that certain Order (I) Scheduling a Hearing on the Approval of the Sale of the Debtors’ Core Stores, and the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, (II) Approving Certain Bidding Procedures, and Bid Protections and the Form and Manner of Notice Thereof, and (III) Granting Related Relief [Docket No. 911].
Bid Procedures Order means the Order (A) Approving Bid Procedures for the Sale of Substantially All Assets of the Debtors; (B) Approving Procedures for the Assumption and Assignment of Executory Contracts and Unexpired Leases; (C) Scheduling the Auction and Sale Hearing; and (D) Granting Related Relief entered on April 7, 2021 at Docket No. 164.
Bid Procedures Order means the order of the Bankruptcy Court setting a sale hearing date for the sale of the Business and specifying related bid procedures.
Bid Procedures Order has the meaning ascribed thereto in Section 4.7.
Bid Procedures Order means the Order (I) Approving Bid Procedures, (II) Approving Assumption and Assignment Procedures, and (III) Granting Related Relief [ECF No. 447] entered by the Bankruptcy Court on April 14, 2023.
Bid Procedures Order means the order of the Bankruptcy Court in form and substance acceptable to Purchaser, (i) fixing the date, time and location of the hearing to approve consummation of the sale of the Purchased Assets, (ii) fixing the time, date and location of an auction in New York, New York, (iii) approving the Break-up Fee and the Expense Reimbursement, (iv) approving the form and manner of sale notice and bid procedures notice, (v) approving procedures for the assumption and, if necessary, assignment of executory contracts and unexpired leases and for the resolution of and payment by the Company of, Cure Costs, (vi) containing such other appropriate buyer protections as may be reasonably requested by Purchaser, and (vii) otherwise approving the Bid Procedures substantially in the form of Exhibit J hereto (the “Bid Procedures”).
Bid Procedures Order means the Amended Order Approving Bid Procedures for Auction/Sale of Phoenix Coyotes National Hockey League Team and Related Assets and the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, entered by the Bankruptcy Court on August 13, 2009 (Docket No. 638).