Vesting of Assets. On the Effective Date, pursuant to sections 1141(b) and (c) of the Bankruptcy Code, all operating assets of the Company’s estates shall vest in Reorganized Citadel free and clear of all claims, liens, encumbrances, charges and other interests, except as otherwise provided in the Plan.
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Vesting of Assets. On the Effective Date, and if applicable, pursuant to sections 1141(b) and (c) of the Bankruptcy Code, all operating assets of the Company’s estates shall Estates will vest in the Reorganized Citadel Company free and clear of all claims, liens, encumbrances, charges and other interests, except as otherwise provided in the Plan.
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Samples: Securities Purchase Agreement (Halcon Resources Corp)
Vesting of Assets. On the Effective Date, pursuant to sections 1141(b) and (c) of the Bankruptcy Code, all operating assets of the Company’s estates shall vest in the Reorganized Citadel Company and the Reorganized Company free and clear of all claims, liens, encumbrances, charges and other interests, except as otherwise provided in the Plan.
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Vesting of Assets. On the Effective Date, pursuant to sections 1141(b) and (c) of the Bankruptcy Code, all operating assets of the Company’s estates shall vest in Reorganized Citadel Keystone free and clear of all claims, liens, encumbrances, charges and other interests, except as otherwise provided in the Plan.
Appears in 1 contract
Samples: Restructuring Support Agreement (Keystone Automotive Operations Inc)