Lease Rejection Motion definition

Lease Rejection Motion means any motion filed by the Debtors in the Bankruptcy Court wherein the Debtors seek to reject certain of their leases of nonresidential real property.
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Lease Rejection Motion. Motion, which shall be in form and substance reasonably acceptable to the Requisite Consenting Creditors, providing for the rejection of one or more of the Company’s unexpired real property leases.
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Examples of Lease Rejection Motion in a sentence

  • By the Lease Rejection Motion, the Debtors seek entry of an order authorizing the Debtors to reject certain unexpired leases and executory contracts (the “ Leases and ExecutoryContracts”) as of the Petition Date.

  • In addition, the Chapter 11 Debtors have filed a Lease Rejection Motion (as defined below) with the U.S. Court seeking an order (the “ Lease Rejection Order”) authorizing the Chapter 11 Debtors to reject certain unexpired leases.

  • On July 19, 2017, the Bankruptcy Court entered an order granting the Lease Rejection Motion [Docket No. 231].

  • After the FPMC Sale closed, the Debtor and GAHC3 Landlord modified the settlementagreement proposed in the Hospital Lease Rejection Motion and memorialized their agreement in a proposed agreed order that was ultimately approved by the Court on May 19, 2016 (the “Hospital Lease Rejection Order”) [Docket No. 275].

  • On August 1, 2017, for all but one of such unexpired leases covered by the Lease Rejection Motion (which the parties subsequently determined to continue to a later date), the Bankruptcy Court entered an order authorizing the Debtors to reject certain executory contracts and unexpired leases and to abandon any remaining personal property located on the applicable leased premises [Docket No. 258].

  • The Debtor’s request for relief under the Hospital Lease Rejection Motion was conditioned on the approval of and closing on the FPMC Sale.

  • Notably, allowing the Store Closing Sales to continue will also allow the Debtors to more quickly vacate the Closing Locations, which are subject of the Lease Rejection Motion, and thereby avoid the accrual of unnecessary administrative lease obligations.

  • The Debtor will have vacated the stores identified in the Lease Rejection Motion and returned possession to the various landlords by the Rejection Date.

  • The Rejected Leases that are the subject of the Lease Rejection Motion are unexpired real property leases in respect of (i) these 50 closed restaurant locations (the “ Closed Locations”) and (ii) threerestaurant locations at which the Debtors are both lessee and sub-lessor—in other words, the Debtors sublease the leased premises to a sub-tenant (the “Sublease Locations”).24 The SubleaseLocations have not been closed, as the Debtors are unable to access the premises.

  • The Brooklyn Law Review vol 67, 2002 contains the proceedings of a symposium that focused on the ideas in this book.

Related to Lease Rejection Motion

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Claims Objection Bar Date means the deadline for objecting to a Claim, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be specifically fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Bankruptcy Court for objecting to Claims.

  • Rejection means a process through which Clearing Corporation would convey the inability of itself and / or Settlement Bank and / or the CLS Bank to accede to a Member’s request for processing a Trade.

  • DIP Motion means the motion filed by the Debtors seeking Bankruptcy Court approval of the DIP Facility and authorizing the use of cash collateral.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • 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.

  • Claims Bar Date Order means that certain order entered by the Bankruptcy Court establishing the Claims Bar Date.

  • Claims Objection Deadline means the later of: (a) the date that is 180 days after the Effective Date; and (b) such other date as may be fixed by the Bankruptcy Court, after notice and hearing, upon a motion Filed before the expiration of the deadline to object to Claims or Interests.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Disclosure Statement Order means the order of the Bankruptcy Court approving the Disclosure Statement.

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Notice and Claims Agent means Prime Clerk LLC.

  • 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.

  • Bar Date Order means the Order (I) Setting Bar Dates for Filing Proofs of Claim, Including Requests for Payment under Section 503(B)(9), (II) Establishing Amended Schedules Bar Date and Rejection Damages Bar Date, (III) Approving the Form of and Manner for Filing Proofs of Claim, Including Section 503(B)(9) Requests, and (IV) Approving Notice of Bar Dates [Docket No. 482], as such order may be amended, supplemented, or modified from time to time.

  • Objection Deadline means the date identified in the Preliminary Approval Order and Class Notice by which a Settlement Class Member must serve written objections, if any, to the Settlement to be able to object to the Settlement. The Objection Deadline shall be no later than 30 days before the Final Approval Hearing.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • 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.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Seller approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Seller to consummate the Transactions.