first liquidation order definition

first liquidation order means a provisional order for the liquidation of the estate of a debtor or a final order for the liquidation of the estate of the debtor if a provisional liquidation order has not been granted;
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first liquidation order means a provisional order for the liquidation of the estate of a debtor or where a provisional liquidation order has not been granted a final order;
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Related to first liquidation order

  • Sanction Order means the Court Order to be sought by the Participating CCAA Parties from the Court as contemplated under the Plan which, inter alia, approves and sanctions the Plan and the transactions contemplated thereunder, pursuant to section 6(1) of the CCAA, substantially in the form of Schedule “E” or otherwise in form and content acceptable to the Participating CCAA Parties, the Monitor and the Parent, in each case, acting reasonably;

  • Variation Order means any written order, identified as such issued to the Contractor by the Employer under Sub Clause 31.1.

  • Confirmation Order means the order of the Bankruptcy Court confirming the Plan pursuant to section 1129 of the Bankruptcy Code.

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof as determined in a manner acceptable to the Administrative Agent by an appraiser acceptable to the Administrative Agent, net of all costs of liquidation thereof.