Initial Recognition Order definition
Examples of Initial Recognition Order in a sentence
Make, permit to be made or seek any change, amendment or modification, or any application or motion for any change, amendment or modification, to the DIP Order or any other order of the Bankruptcy Court or Canadian Court (including the Initial Recognition Order or the Final Recognition Order) with respect to the Facility without the prior written consent of the Required Lenders.
The Initial Recognition Order and Supplemental Order in form, scope and substance reasonably satisfactory to the Lenders shall have been granted by the Canadian Court in the Recognition Proceeding and shall not be vacated, amended, stayed, modified or reversed without the consent of the Required Lenders or subject to appeal or leave for appeal.