Milestone Settlement Order definition
Milestone Settlement Order means the order entered by the Bankruptcy Court approving the Milestone Settlement, the form and substance of which shall be acceptable to the Milestone Parties and the Required RSA Parties on the terms set forth in the Restructuring Support Agreement.
Milestone Settlement Order means the order entered by the Bankruptcy Court approving the Milestone Settlement, the form and substance of which shall be acceptable to the Milestone Parties and the Required RSA Parties on the terms set forth in the Restructuring Support Agreement. The Debtors and the Milestone Parties have an agreement in principle which will be memorialized in a term sheet and submitted to the Bankruptcy Court for approval in a motion pursuant to Bankruptcy Rule 9019. If the Bankruptcy Court fails to approve the Milestone Settlement and enter the Milestone Settlement Order on or before September 18, 2019 (or such later date as may be agreed to in writing by each of the Debtors, the Milestone Parties and the Required RSA Parties), the Debtors and the Milestone Parties will revert to their respective rights under the MAG Lease Documents, the PK Air Loan Documents and applicable law and the Milestone Parties shall be able to object to the Plan and Disclosure Statement on any grounds and otherwise exercise any rights and remedies available to them under the MAG Lease Documents, the PK Air Loan Documents, the Bankruptcy Code and Convention on International Interests In Mobile Equipment and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment.
Milestone Settlement Order means the order entered by the Bankruptcy Court approving the Milestone Settlement, the form and substance of which shall be acceptable to the Milestone Parties and the Required