Store Closing Order definition

Store Closing Order means the Final Order (I) Authorizing Retail Store Closing Sales Free and Clear of All Liens, Claims and Encumbrances; (II) Approving the Store Closing Procedures; (III) Authorizing the Debtors to Assume the Liquidating Agent Agreement; (IV) Authorizing Customary Bonuses to Employees at the Closing Stores; and

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Store Closing Order means that Final Order (I) Authorizing The Debtor to (A) Assume Prepetition Consulting Agreements; (B) Enter to the Consulting Agreement, (II) Authorizing and Approving the Conduct of Store Closing Sales, with such Sales to be Free and Clear of all Liens, Claims, and Encumbrances, (III) Authorizing and Approving the Store Closing Procedures, and (IV) Granting Related Relief, dated February 5, 2021[Doc No. 191].

Store Closing Order means, that certain Interim Order (A) Confirming, on an Interim Basis, that the Store Closing Agreement is Operative and Effective; (B) Authorizing and Approving Store Closing Sales Free and Clear of All Liens, Claims, and Encumbrances, (C) Approving Dispute Resolution Procedures, and (D) Authorizing Customary Bonuses to Employees of Stores in the Bankruptcy Case (D.I. 62).

Examples of Store Closing Order in a sentence

• The occurrence of any voluntary or involuntary liquidation, or the initiation of any proceeding which seeks or intends to accomplish or initiate the liquidation or winding up of all or any material part of the Borrower's business, except for the liquidation of Inventory and rejection of Leases contemplated by the Store Closing Order.

• Pursuant to the Borrower's Business Plan and the Store Closing Order, the Borrower intends to close certain stores and assume and assign or reject the Leases for those stores.

• There shall have been filed in the Proceedings a motion by the Borrower seeking entry of the Store Closing Order, so referred to herein, by the Bankruptcy Court approving the closing of stores and the rejection of the leases identified on EXHIBIT 4-6(b) hereto by the Borrower, which order shall be in form and substance satisfactory to the Lender.

• Within thirty (30) days of entry of the Borrowing Order by the Bankruptcy Court, the Borrower shall have obtained a Store Closing Order, so referred to herein, by the Bankruptcy Court approving the closing of stores and the rejection of leases identified on EXHIBIT 4-6(b) hereto, which order shall be in form and substance satisfactory to Lender and which shall not have been stayed, modified, appealed, reversed, or otherwise affected.

More Definitions of Store Closing Order

Store Closing Order means, that certain Interim Order (A) Confirming, on an Interim Basis, that the Store Closing Agreement is Operative and Effective; (B)

Store Closing Order means the Final Order (I) Authorizing Retail

Store Closing Order means [_______].]

Store Closing Order means a final, non-appealable order (or orders) of the Bankruptcy Court which is not subject to a stay pending appeal, in form and substance reasonably acceptable to Purchaser, approving the Agency Agreement and all of the terms and conditions thereof, and approving and authorizing Sellers to consummate the Store Closing Sales contemplated by the this Agreement and the Agency Agreement. Without limiting the generality of the foregoing, such order shall find and provide, among other things, that (i) the Sellers are authorized to enter into and consummate the transactions contemplated by the Agency Agreement; (ii) Purchaser is authorized and empowered to serve as the Sellers’ Agent in connection with the Store Closing Sales; (iii) the Agency Agreement was negotiated, proposed and entered into by the parties without collusion, in good faith and from arm’s length bargaining positions; (iv) the Bankruptcy Court shall retain jurisdiction to resolve any controversy or claim arising out of or relating to the Agency Agreement, and that Purchaser is entitled to the protection of Section 363(m) of the Bankruptcy Code; and (v) the Agency Agreement and the transactions contemplated therein may be specifically enforced against and binding upon, and not subject to rejection or avoidance by, Sellers or any chapter 7 or chapter 11 trustee of Sellers.

Store Closing Order means [ ].]

Store Closing Order means the Final Order (I) Authorizing Procedures for the Store Closing Sales, (II) Authorizing Customary Bonuses to Employees of Closing Stores, and (III) Granting Related Relief [Docket No. 192].

Store Closing Order. Is defined in Section 3.11.