Bankruptcy Sale definition

Bankruptcy Sale means a sale of any property, or any interest in any property, under 11 U.S.C. §363 or otherwise in any bankruptcy, insolvency, or similar proceeding affecting the owner of such property.
Bankruptcy Sale and "Bankruptcy Court Authorized Store Closing Sale" and only such other similar descriptive terms approved by the Debtors and must contain a reference to the specific Store locations. In the discretion of JNA and to the extent not inconsistent with the Approval Order, Store signs, posters and banners may be placed within the Stores, in exterior Store windows and outside the Stores. The Debtors hereby agree to use reasonable efforts at the reasonable request of JNA, to make advertising or other promotional placements in the manner prescribed by JNA, including, without limitation, by permitting JNA to place advertising in the Debtors' name and/or for the Debtors' account, at the Debtors' actual net costs. Such advertising costs shall constitute a Sale Expense under Subsection 7.2 of the Agreement.
Bankruptcy Sale and "Bankruptcy Court Authorized Store Closing Sale", and enjoining and restraining all Store landlords, their agents or employees from taking any action that interferes with or impedes the conduct of the Sale, or any advertising, promotion or signage relating thereto; (v) relieving the Debtors and JNA from having to comply with any state and/or local law, statute or ordinance purporting to govern liquidation store closing, total clearance and/or going-out-of business sales of any jurisdiction in which any of the Stores is located; and (vi) authorizing JNA to consolidate the Merchandise located in the Stores at any time during the conduct of the Sale as it deems appropriate.

Examples of Bankruptcy Sale in a sentence

  • The Owner and any potential Successor Owner need reasonable assurances from the Xxxxx County Department of Development Services that the current Permits status will be preserved, maintained and extended until at least six month (or 180 days) after the Bankruptcy Sale.

  • Companies and the Buyer shall have received full releases of all Claims with respect to the Transactions from Seller and each of the Asset Holding Companies, as well as SunE Origination1, LLC, SunE Origination Holdings, LLC, and Sun Edison LLC, each a Delaware limited liability company, which releases must be reasonably satisfactory to Buyer in all respects and may be satisfied by express provision in the Bankruptcy Sale Order.

  • The Bankruptcy Court shall have entered the Bankruptcy Sale Order, the Bankruptcy Sale Order shall be in full force and effect, and no order staying, reversing, modifying, vacating or amending the Bankruptcy Sale Order shall be in effect on the Closing Date.

  • The Bankruptcy Sale Motion shall request, among other things the entry of the Bankruptcy Sale Order on the terms set forth in Exhibit F, except as mutually agreed by the Parties.

  • Each Party shall take such actions as may be reasonably requested by the other Party to assist it in obtaining the Bankruptcy Court’s entry of the Bankruptcy Sale Order and any other order of the Bankruptcy Court reasonably necessary to consummate the Transactions.


More Definitions of Bankruptcy Sale

Bankruptcy Sale. Closing This Store", "Lost Our Lease", etc. signs are strictly prohibited.
Bankruptcy Sale or auction within the Premises.
Bankruptcy Sale means a sale of any property, or any interest in any property, under 11
Bankruptcy Sale or "receiver's sale" means any offer to sell to the public, or sale to the public of goods, wares, or merchandise upon the implied or direct holding out, or representation that such sale is being conducted under any one or combination of the following circumstances:
Bankruptcy Sale means the sale of all or substantially all of the assets of the Borrower pursuant to a sale approved by the Court.
Bankruptcy Sale means any sale, disposition, or other transfer of assets pursuant to Section 363 of the Bankruptcy Code.
Bankruptcy Sale means any sale, disposition, or other transfer of assets pursuant to Section 363 of the Bankruptcy Code.