Examples of Store Assets in a sentence
The Sale Guidelines, as described in the Motion and attached as Exhibit 1 hereto, are reasonable and will maximize the returns on the Store Assets for the benefit of the Debtors’ estates and creditors.
Those holders of any such liens, claims, and encumbrances who did object fall within one or more of the other subsections of section 363(f) and are adequately protected by having such liens, claims, and encumbrances attaching to the proceeds of the sale of the applicable Store Assets with the same validity and priority and to the same extent and amount that any such liens, claims, and encumbrances had with respect to such Store Assets.
The Debtors anticipate that they will be able to satisfy one or more of the conditions set forth in section 363(f) in connection with any Encumbrance a party may assert against the Store Assets.
The Closing Sales are a significant component of the Debtors’ efforts to maximize value because these sales enable the Debtors to sell Store Assets at the Closing Stores in a manner that is designed to maximize efficiency and increase overall profitability.
The purpose of the Plan is to: (i) facilitate a restructuring transaction whereby, pursuant to this Plan and the Acquisition Agreement, the Miniso Purchasers will acquire substantially all of the assets of the Migu Vendors, including without limitation the Store Assets; and (ii) effect a compromise and settlement of all Affected Claims.
The Debtors and the Consultant may sell the Store Assets free and clear of all liens, claims, and encumbrances as provided for herein because, in each case, one or more of the standards set forth in section 363(f)(1)-(5) of the Bankruptcy Code has been satisfied.
Pursuant to section 363(f) of the Bankruptcy Code, the Consultant, on behalf of the Debtors, is authorized to sell all Store Assets pursuant to the Store Closing Agreement and in accordance with the Sale Guidelines and any Side Letter Agreement.
The access to the RDP website has remained constant (~10,800 total annual views), with a solid international audience (more than 56% of the visitors in 2021).The RDP participated in 20 external meetings with more than 200 attendees, mainly with Renova Foundation – RDP’s primary stakeholder.
The Debtors also do not intend to sell any personally identifiable information in the course of the Closing Sales, and indeed, intend to scrub all Store Assets to ensure that no confidential and personally identifiable information is transferred in connection with the sale of any such assets.
The Closing Sales, in accordance with the Sale Guidelines and with the assistance of the Agent, will provide an efficient means for the Debtors to liquidate and dispose of the Store Assets as quickly and effectively as possible, and are in the best interest of the Debtors’ estates.