CCAA Initial Order definition
Examples of CCAA Initial Order in a sentence
The Executive hereby waives and disclaims any claim that the appointment of ▇▇▇▇▇▇▇ as (i) interim receiver, receiver and manager of the assets, undertakings and properties of RCL and RMI pursuant to the Receivership Order of the Ontario Superior Court of Justice dated April 20, 2005, and (ii) monitor of RCL and RMI pursuant to the CCAA Initial Order of the Ontario Superior Court of Justice dated April 20, 2005, constitutes a Change in Control for purposes of this Agreement.
The Executive hereby waives and disclaims any claim that the appointment of Richter as (i) interim receiver, receiver and manager of the assets, ▇▇▇▇▇▇akings and properties of RCL and RMI pursuant to the Receivership Order of the Ontario Superior Court of Justice dated April 20, 2005, and (ii) monitor of RCL and RMI pursuant to the CCAA Initial Order of the Ontario Superior Court of Justice dated April 20, 2005, constitutes a Change in Control for purposes of this Agreement.
The CCAA Initial Order (with respect to the period on and after entry of the CCAA Initial Order and prior to entry of the CCAA A&R Initial Order) or the CCAA A&R Initial Order (with respect to the period on and after entry of the CCAA A&R Initial Order), as the case may be, is in full force and effect and has not been reversed, stayed (whether by statutory stay or otherwise), vacated, or, without the Agent’s consent, modified or amended.
The Initial Order being sought by the Petitioners is based on the standard CCAA Initial Order issued by the Superior Court of Québec, Commercial Division, while any changes thereto are underlined in the Draft Initial Order communicated as Exhibit R- 25 .
The CCAA Debtors are in compliance in all material respects with the CCAA Initial Order (with respect to the period on and after entry of the CCAA Initial Order and prior to entry of the CCAA A&R Initial Order) or the CCAA A&R Initial Order (with respect to the period on and after entry of the CCAA A&R Initial Order).
The CCAA Debtors shall give, on a timely basis as specified in the CCAA Initial Order, all notices required to be given pursuant to the CCAA or as otherwise may be requested by the Agent.
No Loan Party is party to any contract, agreement, lease or instrument entered into on or after the CCAA Initial Order Date the performance of which, either unconditionally or upon the happening of an event, will result in or require the creation of a Lien that is not a Permitted Encumbrance on any assets of such Loan Party in violation of this Agreement.
The Executive hereby waives and disclaims any claim that the appointment of R▇▇▇▇▇▇ as (i) interim receiver, receiver and manager of the assets, undertakings and properties of RCL and RMI pursuant to the Receivership Order of the Ontario Superior Court of Justice dated April 20, 2005, and (ii) monitor of RCL and RMI pursuant to the CCAA Initial Order of the Ontario Superior Court of Justice dated April 20, 2005, constitutes a Change in Control for purposes of this Agreement.