Vacatur of Confirmation Order. If the Confirmation Order is vacated, which shall occur automatically upon failure of the Effective Date: (a) this Plan shall be null and void in all respects; (b) any settlement of Claims or Interests provided for hereby shall be null and void without further order of the Bankruptcy Court; and (c) the time within which the Debtor may assume and assign or reject all Executory Contracts and Unexpired Leases shall be extended for a period of 120 days after the date the Confirmation Order is vacated.
Appears in 5 contracts
Samples: Royalty Right Agreement (Bracebridge Capital, LLC), Master Transaction Agreement (Quotient LTD), Master Transaction Agreement (Honeywell Capital Management LLC)
Vacatur of Confirmation Order. If the Confirmation Order is vacated, which shall occur automatically upon failure of the Effective Date: (a) this Plan shall be null and void in all respects; (b) any settlement of Claims or Interests provided for hereby shall be null and void without further order of the Bankruptcy Court; and (c) the time within which the Debtor may assume and assign or reject all Executory Contracts and Unexpired Leases shall be extended for a period entitled, at any time before or after entry of 120 days after the date order vacating the Confirmation Order is vacatedOrder, to request appropriate relief from the Bankruptcy Court with respect to the treatment of Executory Contracts.
Appears in 3 contracts
Samples: Plan Sponsor Agreement, Restructuring Support Agreement (Quality Care Properties, Inc.), Alternative Plan Sponsor Agreement (Quality Care Properties, Inc.)
