Sale Approval Order has the meaning set forth in Section 6.4(b).
Sale Approval Order. As defined in the Asset Purchase Agreement.
Sale Approval Order means a Final Order or Final Orders of the Bankruptcy Court issued pursuant to sections 105, 363, and 365 of the Bankruptcy Code, in substantially the form set forth in Exhibit 3 hereto, authorizing and approving, among other things, (i) the sale, transfer and assignment of the Purchased Assets to Purchaser in accordance with the terms and conditions of this Agreement, free and clear of all Claims and Liens, (ii) the assumption and assignment of the Assumed Contracts in connection therewith and as a part thereof and the fixing of the Cure Amounts with respect to the Assumed Contracts, (iii) that except for the Purchaser Payable Cure Amount, the Purchaser shall not be liable for any Cure Amount or otherwise obligated to cure any defaults, known or unknown, arising prior to Closing under any Assumed Contract (whether or not such Assumed Contract is an Assumed Pre-Petition Contract) and (iv) that Purchaser is a good faith purchaser entitled to the protections of Section 363(m) of the Bankruptcy Code.
Examples of Sale Approval Order in a sentence
Should the Oregon Court Sale Approval Order be granted on August 28, 2023, the Applicant intends to seek the Approval and Vesting Order, together with an order extending the Stay Period, at the motion currently scheduled before this Court on August 31, 2023.
If the Oregon Court Sale Approval Order is not granted before August 31, 2023, on the motion returnable August 31, 2023, the Applicant intends to seek an adjournment from this Court of the motion seeking approval of the Transaction and at that time will only seek an order extending the Stay Period, as well as a sealing order.4.3 Transaction Recommendation 1.
More Definitions of Sale Approval Order
Sale Approval Order means an order entered by the Bankruptcy Court after a hearing conducted with notice given in accordance with law, which order shall be substantially in the form of Exhibit D attached hereto.
Sale Approval Order shall have the meaning ascribed to such term in the recitals to this Agreement. The Sale Approval Order shall be substantially similar in form and substance to the sale approval order attached hereto as Exhibit D.
Sale Approval Order has the meaning specified in the Bidding Procedures.
Sale Approval Order has the meaning set forth in Section 5.14 of this Agreement.
Sale Approval Order has the meaning given to it in Section 7.1(b)(i)(B).
Sale Approval Order means an order entered by the Bankruptcy Court in the Bankruptcy Cases, in a form and substance satisfactory to Lender, approving the Sale pursuant to the Sale Documents, including the sale of assets in which the Department of Energy may have or assert an interest (or subject to the Department of Energy grant, as such grant may be amended, to Borrowers if the grant is assumed, assigned and novated in favor of the purchaser) and the assumption and assignment of executory contracts and unexpired leases.
Sale Approval Order has the meaning set forth in Section 4.3.8. “Sale Motion” means that certain Motion for Orders: