Sale Approval and Vesting Order definition

Sale Approval and Vesting Order means an order of the Court on service satisfactory to the Purchaser, acting reasonably, approving this Agreement and the transactions contemplated hereby and vesting in and to the Purchaser the Purchased Assets, free and clear of and from any and all “Claims” and “Encumbrances” (as each such term is defined therein) other than Permitted Encumbrances, substantially in the form of Schedule 1.1 hereto, subject to such amendments as the Seller and the Purchaser may mutually agree acting reasonably;
Sample 1Sample 2Sample 3
Sale Approval and Vesting Order means an order to be granted by the Court, substantially in the form of Sale Approval and Vesting Order as attached in Schedule 1, with any amendments thereto to be acceptable to each of the Monitor and the Purchaser, each acting reasonably, which authorizes, approves and confirms this Agreement and the sale of the Purchased Assets by the Debtor to the Purchaser in accordance with the terms and conditions contained herein, and vests beneficial title to the Purchased Assets in the Purchaser free and clear of all Encumbrances, other than any Permitted Encumbrances;
Sample 1Sample 2

Examples of Sale Approval and Vesting Order in a sentence

  • Unless otherwise indicated herein, terms with initial capitals have the meanings set out in the Sale Approval and Vesting Order.

  • The Applicants hope to close a transaction with the Purchaser and will be seeking a Sale Approval and Vesting Order before May 31, 2021.

  • As another example, it will generally not be appropriate for a Sale Approval and Vesting Order to vest off interests which are registered subsequent to the granting of the Order.

  • The License Agreement provides for the license of certain copyright owned or licensed by certain of the Applicants in respect of titles in the Development Pipeline for which tax credits are still outstanding; and  the Court shall have issued a Sale Approval and Vesting Order.

  • Given the potential prejudice to a future sales process in the event that the Proposed Transaction is not approved by the Honourable Court or does not close, the Proposed Receiver respectfully requests that this Honourable Court seal this First Confidential Supplemental Report until thefiling of a Receiver’s Certificate substantially in the form attached to the Sale Approval and Vesting Order being sought as part of the Application.

  • Service of this Order shall be deemed good and sufficient by serving the same in accordance with the procedures in the CaseLines Service Order granted on May 29, 2020.Justice of the Court of Queen’s Bench of Alberta SCHEDULE “A” TO THE ORDER(Amended Sale Approval and Vesting Order) Clerk’s StampMONITOR’S CERTIFICATECOURT FILE NUMBER 2001-05482 COURT COURT OF QUEEN’S BENCH OF ALBERTA JUDICIAL CENTRE CALGARY IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c.

  • As a consequence, it is possible to state that the Algo- rithm 1 allows an automatic mesh convergence assessment, and the highest influence on the output value is caused by the proper alignment between the shock and the grid, rather than the grid refinement itself.

  • The License Agreement provides for the license of certain copyright owned or licensed by certain of the Applicants in respect of titles in the Development Pipeline for which tax credits are still outstanding; and • the Court shall have issued a Sale Approval and Vesting Order.

  • Nonetheless, a disorderly servicing transfer may still be confusing or stressful for borrowers.74Moody’s Investors Service, “Mortgage Finance Companies: Profitability Will Stay Modest as Rates Increase and Originations Decline,” June 15, 2017.‌75See Anenberg, Hizmo, Kung, and Molloy (2017) for one study that establishes the significant effect ofcredit availability on house prices.

  • Unless otherwise indicated herein, terms with initial capitals have the meanings set out in the Olyphant Purchase Agreement or the Property Sale Approval and Vesting Order.

Related to Sale Approval and Vesting Order

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Final Approval Order means the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit 5 hereto.

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.

  • Final Approval Date means the date on which the Court enters the Final Order and Judgment.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Seller approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Seller to consummate the Transactions.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • Required Regulatory Approvals means the Seller Required Regulatory Approvals and the Buyer Required Regulatory Approvals.

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Non-Approval Event means, in respect of the Benchmark:

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • Drug Approval Application means, with respect to a Licensed Product in the Territory, an application for Regulatory Approval for such product in a country in the Territory. For purposes of clarity, Drug Approval Application shall include, without limitation, (a) an NDA or BLA (for U.S.) or MAA (for Europe); (b) a counterpart of an NDA, BLA or MAA in any country or region in the Territory; and (c) all supplements (including supplemental applications such as sNDAs) and amendments to the foregoing.

  • Preliminary Approval Date means the date the Preliminary Approval Order has been executed and entered by the Court.

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Interim DIP Order means an interim order of the Bankruptcy Court approving the DIP Motion, which order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Requisite Parties.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Key Regulatory Approvals means those sanctions, rulings, consents, orders, exemptions, permits and other approvals (including the lapse, without objection, of a prescribed time under a statute or regulation that states that a transaction may be implemented if a prescribed time lapses following the giving of notice without an objection being made) of Governmental Entities set out in Schedule C hereto;

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.