Court Approval definition

Court Approval means unconditional approval by the Court that does not include a provision stating that it is subject to any further consent by any third party other than the Israeli Ministry of Communications, of the transactions contemplated by this Agreement (without any revisions, modifications or qualifications) as a creditors arrangement and, to the extent required, as a shareholders arrangement pursuant to Section 350 of the Companies Law, including (i) the sale and issuance of the Adjustment Subscribed Shares (if any), the Purchaser Subscribed Shares, the Additional Purchaser Subscribed Shares (if any) and the Election Subscribed Shares (if any), (ii) the adoption of the Company Debt Modifications, (iii) the sale and issuance of the Seller Subscribed Shares and the Seller Subscribed Debentures and the Series D Debentures, (iv) the sale of the Purchased Shares, and (v) a waiver and exemption, with respect to any act or omission taken by any of the Relevant Parties in connection with this Agreement and the transaction contemplated hereby.
Court Approval means the entry of the Judgment.

Examples of Court Approval in a sentence

  • The AFL-related Defendants and Plaintiffs covenant that from the date hereof to the Closing Date, they will not take any action or induce or assist other to take any action, directly or indirectly, to delay or hinder the implementation of the terms hereof or Court Approval of this Agreement.

  • Plaintiffs, Class Members, the AFL- related Defendants, the AFL and all AFL Teams each hereby pledge their best efforts and cooperation (a) to secure Court Approval of this Agreement; (b) to defend the Agreement or Court Approval of the Agreement in any forum in which they may be challenged; and (c) to implement the provisions of the Agreement in a manner consistent with good faith and fair dealing.


More Definitions of Court Approval

Court Approval shall include, in addition to the approval of the Merger, the approval of the Cash Distribution. The provision of Sections 5.2(b) and 5.4 regarding the coordination and cooperation of the Parent and the Company and the use of all reasonable efforts shall apply to the obtaining of the approval of the court for the Cash Distribution. The Company shall deduct and withhold from the Cash Distribution such amounts as may be required to be deducted or withheld therefrom under the Code, the Ordinance, or under any provision of state, local, Israeli or other foreign law or any other applicable Legal Requirement.
Court Approval has the meaning specified in the recitals hereto.
Court Approval means the entry of the Final Confirmation Order by the Bankruptcy Court, together with all other orders necessary to effect the Transactions.
Court Approval shall have the meaning set forth in Section 6.2(a).
Court Approval means the entry by the First Judicial District Court in the Action of a final order of approval, in the form of an order to be agreed upon by the Parties after notice to the Settlement Class Members and a final approval hearing, signifying final approval of this Settlement Agreement in accordance with Rule 1-023(E) NMRA.
Court Approval means the issuance of the Sale Approval and Vesting Order by the Court;
Court Approval. The entry of a final non-appealable order of the United States Bankruptcy Court for the Southern District of New York approving of the execution and delivery of this Agreement on behalf of the Seller and of the transactions contemplated hereby in form and substance acceptable to the Parties.