Approval of the Bankruptcy Court Sample Clauses

Approval of the Bankruptcy Court. Notwithstanding anything herein to the contrary, any and all obligations under this Agreement are subject to approval of the Bankruptcy Court.
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Approval of the Bankruptcy Court. The Borrowers shall have delivered to the Agent a true and correct copy of the final order entered by the Bankruptcy Court approving the payment of the Waiver Fee (as defined below) by the Borrowers to the Agent on behalf of the Lenders.
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Approval of the Bankruptcy Court. The Bankruptcy Court shall have -------------------------------- issued a final (unless otherwise agreed) order approving this Agreement, the Resolution Transaction Documents and the transactions contemplated hereby and thereby.
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Approval of the Bankruptcy Court. The Bankruptcy Court shall have issued a final (unless otherwise agreed) order approving this Agreement, the Resolution Transaction Documents and the transactions contemplated hereby and thereby, and an order requiring the Miramar Lease (as amended by the Miramar Amendment) to be assumed by Xxxxxxxxx and assigned to the Successor Party. As a matter of clarification, approval by the Bankruptcy Court of this Agreement, the Resolution Transaction Documents and the transactions contemplated hereby and thereby shall not be deemed to require Xxxxxxxxx to enter into the Miramar Amendment or to assume the Miramar Lease (as so amended), absent the satisfaction of the conditions identified in the first sentence of this Section 13.8, and the other conditions set forth herein.
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Approval of the Bankruptcy Court. Upon the acceptance of this Agreement by all Parties, NHI will seek the approval of this Agreement, including the Settlement Payments set forth in Paragraph 2, by the Bankruptcy Court. The Parties agree that this Agreement is expressly contingent upon the Bankruptcy Court’s approval of the Agreement and the Settlement Payments and that in the event that the Bankruptcy Court fails to approve the Agreement and the Settlement Payments, this Agreement shall be null and void in its entirety.
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Approval of the Bankruptcy Court. The receipt of all documents reasonably necessary and otherwise customary to evidence the approval by the Bankruptcy Court pursuant to the Confirmation Order of, among other things, the Plan and the Transaction. Seller and Buyer each agree to promptly file or cause to be filed all documents, information, affidavits or other filings reasonably required in connection with the filing of the Plan and the issuance of the Confirmation Order. Each party will promptly make available to the other party such information as may be necessary for the other party to complete such documents and filings, and each party will promptly furnish such additional information as may be requested by the Bankruptcy Court as soon as possible.
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Approval of the Bankruptcy Court. Seller shall have obtained an order from the Bankruptcy Court authorizing Seller to enter into and consummate this Agreement and the transactions set forth in this Agreement under Section 363 of the United States Bankruptcy Code, which Order shall be reasonably satisfactory to Purchaser. Seller agrees to use its reasonable efforts to obtain such authorization from the Bankruptcy Court.
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Approval of the Bankruptcy Court. The Bankruptcy Court shall have approved the execution, delivery and performance of this Agreement.
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Approval of the Bankruptcy Court. Prior to the Delivery Date, the Trustee shall obtain an order of the Bankruptcy Court (the "ORDER") approving this Agreement and the transactions contemplated hereby. The obligations of the parties hereunder shall be conditioned upon the issuance of the Order.
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Related to Approval of the Bankruptcy Court

  • Bankruptcy Court Approval (a) Sellers shall use all commercially reasonable efforts to obtain Bankruptcy Court approval of the Sale Order which, among other things, will contain findings of fact and conclusions of law (i) finding that this Agreement was proposed by the parties in good faith and represents the highest and best offer for the Purchased Assets; (ii) finding that Purchaser is a good faith purchaser under Section 363(m) of the Bankruptcy Code and that the provisions of Section 363(n) of the Bankruptcy Code have not been violated; (iii) authorizing and directing Sellers to consummate the transaction contemplated by this Agreement and sell only the Purchased Assets to Purchaser pursuant to this Agreement and Sections 363 and 365 of the Bankruptcy Code, free and clear of all Encumbrances (including any and all “interests” in the Purchased Assets within the meaning of Section 363(f) of the Bankruptcy Code), other than the Assumed Liabilities and the Permitted Encumbrances, such that Purchaser shall not incur any liability as a successor to the Business; (iv) authorizing and directing Sellers to execute, deliver, perform under, consummate and implement, this Agreement, together with all additional instruments and documents that may be reasonably necessary or desirable to implement the foregoing; (v) finding that Purchaser is not a successor in interest to Sellers or otherwise liable for any Retained Liability, (vi) finding that Purchaser’s acquisition of the Purchased Assets and assumption of the Assumed Liabilities does not reflect a significant continuity of the business of Sellers and permanently enjoins each and every holder of a Retained Liability from commencing, continuing or otherwise pursuing or enforcing any remedy, claim or cause of action against Purchaser relative to such Retained Liability; (vii) finding that the sale of the Purchased Assets does not constitute a sub xxxx plan of reorganization; and (viii) directing Sellers, at the direction of the Purchaser, to immediately consummate the sale of the Purchased Assets without awaiting the expiration of any applicable time period for appealing the Sale Order.

  • Bankruptcy Court Order The Interim Bankruptcy Court Order or the Final Bankruptcy Court Order, as the case may be, is in full force and effect, and has not been reversed, stayed, modified or amended absent the consent of the Agent and the Borrower.

  • Approval Order The Bankruptcy Court shall have entered the Approval Order and such Order shall be a Final Order.

  • Bankruptcy Court Matters Promptly, copies of all pleadings, motions, applications, and other documents filed by any Credit Party with the Bankruptcy Court or distributed by any Credit Party to the office of the United States Trustee or to any official committee of creditors or interest holders.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.

  • Court Approval This Agreement is subject to approval of the courts with respect to participating carriers in the hands of receivers or trustees.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • FCC Approval Notwithstanding anything to the contrary contained in this Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Lenders by this Agreement or any of the other Loan Documents, including, at the Borrower’s cost and expense, the use of the Borrower’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Agreement or any of the other Loan Documents for which such approval is required by Law.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

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