Rejected Leases definition

Rejected Leases means all leases rejected prior to entry of the Confirmation Order and the leases of the Debtors listed in a pleading to be filed by the Debtors with the Bankruptcy Court on or before ten (10) calendar days prior to the hearing date for Confirmation of the Plan.
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Rejected Leases shall have the meaning ascribed thereto in Section 2.3(d) hereof.
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Rejected Leases has the meaning set forth in Section 2(i)(i) below.
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Examples of Rejected Leases in a sentence

  • The Rejected Leases listed on Schedule 1 attached hereto are rejected under section 365 of the Bankruptcy Code effective as of the Effective Rejection Date.

  • As a result, as an integral component of their efforts to preserve and maximize the value of their estates, the Debtors have determined that rejection of the Rejected Leases is in the best interest of the Debtors’ estates and creditors.

  • Therefore, in an effort to reduce unnecessary post-petition rent and administrative costs, the Debtor has determined, in its reasonable business judgment, that it is in its best interest of its estate to reject the Rejected Leases set forth on Schedule 1, effective as of the applicable Rejection Date.

  • The Debtors have determined that the Rejected Leases are not integral to the Debtors’ chapter 11 efforts, are not otherwise beneficial to the Debtors’ estates, and present burdensome contingent liabilities.

  • The rejection of the Rejected Leases and Contracts complies with the requirements of Bankruptcy Rule 6006(f).

  • The Debtors’ corporate headquarters and mailing address is located at 405 Park Avenue, 12th Floor, New York, NY 10022.01:18221438.2personal property of the Debtors, including, but not limited to, furniture, fixtures and equipment (collectively, the “ Personal Property”), that remains, as of the Petition Date, on any of the premises (collectively, the “Premises”) subject to the Rejected Leases.

  • The Debtors do not waive such claims by the filing of this Motion or by the rejection of the Rejected Leases.

  • Finally, with respect to each of the Rejected Leases, the Debtors propose that the landlords be required to immediately return to the Debtors any security deposits after application to any prepetition arrearages or delinquencies under the governing lease agreement and any rejection damages, to the extent permitted by the Bankruptcy Code and applicable law (the “ Permitted Draws”).

  • To the extent any of the Rejected Leases and Contracts are judicially determined not to be subject to rejection under section 365 of the Bankruptcy Code, (a) all rights, claims and defenses by any party in connection with any such potential dispute are preserved, and (b) any property interests in the subject leasehold are deemed abandoned as of the date of entry of this Order, unless the Debtors and the respective counterparty to a Rejected Lease mutually agree, in writing, to a different date.

  • Nothing contained herein should be construed as a waiver of any of the Debtors’ rights, defenses, or counterclaims with respect to the Rejected Leases.


More Definitions of Rejected Leases

Rejected Leases means any Lease which is a Rejected Contract as such term is defined in Section 2.2(b) hereof.
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Related to Rejected Leases

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Assumed Leases has the meaning set forth in Section 2.1(l).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Rejected Executory Contract and Unexpired Lease List means the list, as determined by the Debtors or the Reorganized Debtors, as applicable, of Executory Contracts and Unexpired Leases that will be rejected by the Reorganized Debtors pursuant to the Plan, which list shall be included in the Plan Supplement.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Liquidated Lease means a Defaulted Lease that is terminated and charged off by the Servicer prior to its Maturity Date.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Administrative Agent's reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Subject Leases means, for any Asset Review, all 2019-B Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Schedule of Rejected Executory Contracts and Unexpired Leases means the schedule of certain Executory Contracts and Unexpired Leases to be rejected by the Debtors pursuant to the Plan in the form filed as part of the Plan Supplement, as the same may be amended, modified, or supplemented from time to time.

  • New Leases means those leases, license agreements and occupancy agreements encumbering any Real Property which are entered into after the Effective Date in accordance with the terms of this Agreement, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Assumed Executory Contract and Unexpired Lease List means the list, as determined by the Debtors or the Reorganized Debtors, as applicable, of Executory Contracts and Unexpired Leases (with proposed cure amounts) that will be assumed by the Reorganized Debtors, which list shall be included in the Plan Supplement.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Unexpired Lease means a lease to which one or more of the Debtors is a party that is subject to assumption or rejection under section 365 of the Bankruptcy Code.

  • Capitalized Lease Liabilities means all monetary obligations of the Borrower or any of its Subsidiaries under any leasing or similar arrangement which, in accordance with GAAP, would be classified as capitalized leases, and, for purposes of this Agreement and each other Loan Document, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP, and the stated maturity thereof shall be the date of the last payment of rent or any other amount due under such lease prior to the first date upon which such lease may be terminated by the lessee without payment of a penalty.

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Material Leases has the meaning set forth in Section 4.21.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.