Common use of Approval Motion Clause in Contracts

Approval Motion. The Petitioners will apply to the Court (the “Approval Motion”), on at least seven (7) days’ notice to the Service List, for an order approving the Successful Bid and authorizing the Petitioners to enter into any and all necessary agreements with respect to the Successful Bid and to undertake such other actions as may be necessary or appropriate to give effect to the Successful Bid including for the approval of any Plan(s) pursuant to the CCAA.

Appears in 2 contracts

Sources: Sale and Investor Solicitation Process, Sale and Investor Solicitation Process