Confirmation Challenge definition

Confirmation Challenge means any appeal of, or any petition for certiorari or motion for reconsideration, amendment, clarification, modification, vacation, stay, rehearing or reargument with respect to, the Company Confirmation Order, including the pending appeal before the United States District Court for the Southern District of Texas, Civil Action No. 4:21-cv-13.

Examples of Confirmation Challenge in a sentence

  • The Company shall give Parent the opportunity to participate (at Parent’s expense) in the defense or settlement of any Confirmation Challenge or any member litigation against the Company and/or its directors or executive officers relating to the transactions contemplated by this Agreement, including the Merger.

  • The Company agrees that it shall not settle or offer to settle any Confirmation Challenge or any litigation commenced prior to or after the date of this Agreement against the Company or its directors, executive officers or similar persons by this Agreement, the Merger or any other transaction contemplated hereby without the prior written consent of Parent (which consent shall not be unreasonably withheld, conditioned or delayed).

Related to Confirmation Challenge

  • Patent Challenge has the meaning set forth in Section 14.2(d).

  • Confirmation means the entry of the Confirmation Order on the docket of the Chapter 11 Cases.

  • Final Approval Order and Judgment means the order in which the Court certifies the Settlement Class, grants final approval of this Settlement Agreement, authorizes the entry of a final judgment, and dismisses the Action with prejudice.

  • Confirmation test means a drug or alcohol test on a sample to substantiate the results of a prior drug or alcohol test on the same sample and which uses different chemical principles and is of equal or greater accuracy than the prior drug or alcohol test;

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;