Common use of Interim Order and Final Order Clause in Contracts

Interim Order and Final Order. The parties acknowledge that Bearing will apply to and obtain from the Court, pursuant to the Arrangement Provisions, the Interim Order providing for, among other things, the calling and holding of the Meeting for the purpose of considering and, if deemed advisable, approving and adopting the Arrangement Resolution. The parties each covenant and agree that if the approval of the Arrangement by the Shareholders as set out in Section 5.1(b) is obtained, Bearing will thereafter (subject to the exercise of any discretionary authority granted to ▇▇▇▇▇▇▇’s directors) take the necessary actions to submit the Arrangement to the Court for approval and apply for the Final Order and, subject to compliance with any of the other conditions provided for in Article 5 and to the rights of termination contained in Article 6, file the material described in Section 2.4 with the Registrar.

Interim Order and Final Order. The parties acknowledge that Bearing LITH will apply to and obtain from the Court, pursuant to the Arrangement Provisions, the Interim Order providing for, among other things, the calling and holding of the LITH Meeting for the purpose of considering and, if deemed advisable, approving and adopting the Arrangement Resolution. The parties each covenant and agree that if the approval of the Arrangement by the LITH Shareholders as set out in Section 5.1(b) hereof is obtained, Bearing LITH will thereafter (subject to the exercise of any discretionary authority granted to ▇▇▇▇▇▇▇LITH’s directors) take the necessary actions to submit the Arrangement to the Court for approval and apply for the Final Order and, subject to compliance with any of the other conditions provided for in Article 5 hereof and to the rights of termination contained in Article 66 hereof, file the material described in Section 2.4 with the Registrar.Section