Rejection List definition
Examples of Rejection List in a sentence
Entry of the Confirmation Order by the Bankruptcy Court shall constitute a Final Order approving the assumptions and assumptions and assignments of the Executory Contracts and Unexpired Leases as set forth in the Plan and the Assumption List and the rejections of the Executory Contracts and Unexpired Leases as set forth in the Rejection List, pursuant to sections 365(a) and 1123 of the Bankruptcy Code.
The orders submitted to the Bankruptcy Court authorizing (i) the assumption of all Required Contracts and (ii) the rejection of all Executory Contracts specified for rejection on the Rejection List shall be acceptable in form and substance to the Purchaser and shall not be submitted to the Bankruptcy Court for approval until consented to by the Purchaser.
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 Assumption List or the Rejection List, nor anything contained in the Plan or Plan Supplement, shall constitute an admission by the Debtors that any such contract or lease is in fact an Executory Contract or Unexpired Lease or that any Reorganized Debtor has any liability thereunder.
The Purchaser and the Company shall negotiate in good faith to develop the following lists, each of which shall be mutually satisfactory in form and substance to the Purchaser and the Company: (i) a list of which Executory Contracts shall be rejected (the "Rejection List") and (ii) a list of those Executory Contracts for which a Final Order authorizing assumption will be required as a condition to closing (the "Required Contracts").