Sale Motion definition

Sale Motion means the Motion for (I) an Order (A) Approving Bid Procedures for the Sale of Substantially All Assets of the Debtors; (B) Approving Procedures for the Assumption and Assignment of Executory Contracts and Unexpired Leases; (C) Scheduling the Auction and Sale Hearing; and (D) Granting Related Relief; and (II) an Order (A) Approving the Sale of the Debtors’ Assets Free and Clear of All Claims, Liens, and Encumbrances; and (B) Approving the Assumption and Assignment or Rejection of Executory Contracts and Unexpired Leases Filed on March 8, 2021 at Docket No. 73.

Examples of Sale Motion in a sentence

  • Instead, this Court should affirm that the relationship between GM and its Texas dealers is governed by Texas law, and order that any provision of an amended franchise agreement that is contrary to Texas law is invalidand unenforceable.1 Finally, should this Court approve GM’s Sale Motion, the Court should clarify that it is not validating GM’s attempt to evade Texas law by amending its dealer franchise agreements.

  • Sale Approval Hearing Date: June 30, 2009 at 9:45 a.m.Assistant Attorney General Sale Motion Objection Deadline: June 19, 2009 5:00 p.m.Texas State Bar No. 00791578The Texas Attorney General’s Office P.

  • CODE § 2301.151).GM to this Court: Approve our Sale Motion and Preempt Texas Law By its Sale Motion, GM seeks this Court’s seal of approval for its abusive and oppressive conduct.

  • The Receiver presently estimates Hagshama is entitled to approximately $172,000 of the Hickory Corners sales proceeds.4 The Receiver’s February 8, 2019, Hickory Corners Sale Motion estimated approximately 2.8 million in net proceeds from the Hickory Corners sale.

  • In connection with the transactions contemplated by this Agreement, Seller intends to file with the Bankruptcy Court a Motion (the “Sale Motion”), seeking, inter alia: (a) an order approving bidding procedures and other matters incidental to the proposed sale of the Transferred Assets (the “Sale Procedures Order”); and (b) a proposed order approving the sale of the Transferred Assets, a copy of which shall be annexed to the Sale Motion.


More Definitions of Sale Motion

Sale Motion means the motion to be filed with the Bankruptcy Court by Seller seeking (a) approval of the terms and provisions of this Agreement, (b) authorization for (i) the sale of the Purchased Assets pursuant to Section 363 of the Bankruptcy Code and (ii) the assumption and assignment of the Purchased Assets that are executory contracts pursuant to Section 365 of the Bankruptcy Code and (c) any other provisions acceptable to Purchaser.
Sale Motion shall have the meaning set forth in Section 11.1.
Sale Motion has the meaning set forth in Section 6.3(a).
Sale Motion means one or more motions and notices that may be filed by the Selling Entities and served on creditors and parties in interest, in accordance with the Bidding Procedures Order, other Orders of the Bankruptcy Court, the Federal Rules of Bankruptcy Procedures and Local Rules, which motion(s) would seek authority from the Bankruptcy Court for the Selling Entities to enter into this Agreement and consummate the transactions contemplated by this Agreement, which shall be acceptable to Buyer in all respects.