Examples of Rejected Executory Contract or Unexpired Lease in a sentence
In no event shall any counterparty to a Rejected Executory Contract or Unexpired Lease be permitted to exercise any non-monetary contractual remedies under such Executory Contract or Unexpired Lease against the Debtors, the Reorganized Debtors, their Estates or their respective properties.
Each of the Mansfield Facility Documents shall be a Rejected Executory Contract or Unexpired Lease and shall be deemed rejected and terminated nunc pro tunc to the Petition Date, as authorized by the Confirmation Order.
The Rejection Date of a Rejected Executory Contract or Unexpired Lease listed on the Schedule of Rejected Contracts and Leases shall only be after the Effective Date if the counterparty to such rejected Executory Contract or Unexpired Leases has consented in writing to a Rejection Date after the Effective Date, unless otherwise ordered by the Court.
On the Effective Date, subject to paragraph 2 of this subsection, FES will transfer (i) all of the assets and liabilities related to the retail business to New FES and (ii) all other assets and liabilities to New FES, New Holdco or some combination thereof; provided, that, in each case, such transferred assets and liabilities shall not include (a) any Rejected Executory Contract or Unexpired Lease and (b) any liabilities discharged pursuant to the Plan; and the existing FE Corp.
Neither the assumption of any Executory Contract or Unexpired Lease pursuant to the Plan nor exclusion nor inclusion of any Executory Contract or Unexpired Lease on the Rejected Executory Contract or Unexpired Lease List, if any, nor anything contained in the Plan or the Plan Supplement shall constitute an admission by the Debtors or any other party that any such contract or lease is in fact an Executory Contract or Unexpired Lease or that any Reorganized Debtor has any liability thereunder.
On the Effective Date, Debtor Alpha Media Holdings LLC (which will then be Old Alpha) shall transfer certain assets and liabilities to New Holdco (which will then be Reorganized Alpha Media Holdings LLC) as contemplated by the Restructuring Transactions; provided, that such transferred assets and liabilities shall not include (a) any Rejected Executory Contract or Unexpired Lease and (b) any liabilities discharged pursuant to the Plan.