Alberta · NOI
Sale Approval and Vesting Order
Approval and vesting order · 17 February 2015
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- closing termsVesting is effective upon delivery of a Trustee's certificate to the Purchaser (or its nominee) substantially in the form of Schedule "A" confirming payment of the Purchase Price and satisfaction or waiver of closing conditions.
- order date17 February 2015
- presiding officerJustice J.E. Topolniski
- purchaserMCW Hemisphere Ltd.
- sale outcometext: Court approves the Transaction with MCW Hemisphere Ltd. and vests the Purchased Assets in the Purchaser upon delivery of the Trustee's Certificate. · scope: whole_business · status: approved
- sealed itemsSchedules "B" and "C" to the Report are confidential and need not be filed on the Court file until the later of closing of the Transaction and expiry of the 10-day appeal period.