Examples of Order of Confirmation in a sentence
All executory contracts assumed prior to Confirmation or pursuant to the Plan shall remain in full force and effect, be unimpaired by the Plan except as specifically modified by the Plan and the Order of Confirmation, and be binding on the parties thereto.
Pursuant to the provisions of Section 1127 of the Code, the Debtor and the Reorganized Debtor reserve the right to modify or alter the provisions of the Plan at any time prior or subsequent to the Order of Confirmation.
The holder of a Claim arising from the rejection of an executory contract or unexpired lease must file with the Court and serve on the Disbursing Agent, not later than 20 days after the Order of Confirmation, a Proof of Claim for any damages resulting from the rejection of such executory contract or unexpired lease, or such holder is forever barred from asserting any Claim or participating as a Claimant under the Plan by reason of the rejection.
Except as otherwise provided in the Plan and the Order of Confirmation, the rights afforded in the Plan shall constitute full and complete satisfaction and release of all Claims and Interests, including any interest accrued thereon from and after the Petition Date, against the Debtor, the Reorganized Debtor, the Bankruptcy Estate, or any assets or property of the Debtor, the Reorganized Debtor and the Bankruptcy Estate.
On and after the Effective Date, the Reorganized Debtor may operate its business and may use, acquire and dispose of property, borrow funds on a secured or unsecured basis, prosecute Claims and actions and compromise or settle any Claim without supervision or approval of the Court, other than those restrictions expressly imposed by the Plan, Order of Confirmation, and Bankruptcy Rules with respect to reporting requirements for periods following Confirmation prior to the entry of a final decree.