Examples of Hilco Agreement in a sentence
Pursuant to Section 328 of the Bankruptcy Code, the Debtor is authorized to pay Hilco at the rates and on the terms set forth in the Hilco Agreement and in the Motion without the need for further order of the Court;”).8 The Court is also familiar with other liquidators filing 327 applications as Great American Group, LLC filed an application to be retained to continue GOB sales commenced prepetition that were to continue postpetition.
The sale contemplated under the Hilco Agreement does not amount to a consolidation, merger, or de facto merger of Hilco and the Debtor and/or the Debtor’s estate; there is not substantial continuity between Hilco and the Debtor; there is no common identity between the Debtor and Hilco; there is no continuity of enterprise between the Debtor and Hilco; Hilco is not a mere continuation of the Debtor or its estate; and Hilco does not constitute a successor to the Debtor or its estate.
He has negotiated the terms of the Hilco Agreement in good faith and at arm’s length.
No consents or approvals, other than as expressly provided for in the Hilco Agreement and the entry of this Order, are required by the Debtor to consummate the sale.
Finally, Hilco will be indemnified and held harmless by the Debtors from and against any and all losses, claims, damages, liabilities and expenses incurred by Hilco, including without limitation, reasonable legal expenses, arising from, related to, or in any way connected with the negotiation, execution and/or rendering of services by Hilco pursuant to the Hilco Agreement, unless such losses, claims, damages, liabilities and expenses resulted from Hilco’s fraud, negligence or willful misconduct.
Multilevel Parking Facilities may also exist as an accessory structure to a primary use, either above or below grade.
Accordingly, the Debtors submit that the Court should authorize the Debtors to retain and employ Hilco in accordance with the terms set forth in the Hilco Agreement.
They were a bunch of individuals at the beginning of the year but they are much more cohesive now and the music is a part of that.
Approval of the Hilco Agreement and the consummation of the sale are in the best interests of the Debtor, its estate, its creditors, and all other parties in interest.
No member shall knowingly absent himself or herself from any session of the House without notifying the Speaker that he or she is unable to attend.