Unstayed Order definition

Unstayed Order means an order of the Bankruptcy Court or any court with jurisdiction, or findings and conclusions relating to an order of the Bankruptcy Court or any court with jurisdiction, as to which, at the applicable time: (a) no stay pursuant to Bankruptcy Rules 7062 or 8005, or any other applicable rule or statutory provision is in effect, and (b) there shall be no pending appeal by the United States Department of Treasury.

Examples of Unstayed Order in a sentence

  • The Plan Modification Order as entered on July 30, 2009 shall be an Unstayed Order.

  • The Plan Modification Order shall have been entered in form and substance satisfactory to GM, the DIP Agent and the Company Buyer and shall include, among others, the terms set forth on Schedule 10.1.1, and shall be an Unstayed Order.

Related to Unstayed Order

  • Hold Order has the meaning specified in Section 11.10(b)(i) below.

  • Good order for initial premium payments means that the Part 1 of the Application is completed, a suitability review and approval have occurred, all producer licensing issues are resolved, all owner and insured information is furnished, all signatures are obtained, all premium has been received, including any subsequent premiums already due, and all other requirements are satisfied as determined by the Company.

  • Bunched Orders means a single Order placed by an Account Manager for two or more of its Accounts on the SEF operated by BSEF pursuant to Rule 528.

  • Submitted Order has the meaning specified in Section 11.10(d)(i) below.

  • Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).