Rejection Effective Date definition

Rejection Effective Date means the date upon which the rejection of an executory contract or unexpired lease under the Plan is deemed effective.

Rejection Effective Date means (a) the date on which a Final Order is entered with respect to the rejection of an executory contract or unexpired lease during the administration of the Chapter 11 Case under section 365 of the Bankruptcy Code, or (b) the date upon which the rejection of an executory contract or unexpired lease under this Plan is deemed effective, which shall not be later than 60 calendar days after the Effective Date unless otherwise agreed by the relevant Rejection Party.

Rejection Effective Date means, with respect to each rejected Contract, the date designated by the Bankruptcy Court as the effective date for the rejection of such Contract.

Examples of Rejection Effective Date in a sentence

• Unless the Bankruptcy Court expressly orders or the parties agree otherwise, any assumption or rejection approved by the Bankruptcy Court notwithstanding a Treatment Objection shall be effective as of the Assumption Effective Date or Rejection Effective Date originally proposed by the Debtors or specified in the Plan.

• As to any executory contract or unexpired lease to be rejected pursuant to any provision of the Plan or any Notice of Intent to Assume or Reject, unless a Rejection Party files and properly serves a Treatment Objection by the Treatment Objection Deadline, such executory contract or unexpired lease shall be deemed rejected as of the Rejection Effective Date proposed by the Debtors or Reorganized Debtors without any further notice to or action by the Bankruptcy Court.

• Katz, Chief Restructuring Officer, in Support of Debtor’s Omnibus Motion Seeking Entry of an Order (I) Authorizing (A) the Rejection of Certain Executory Contracts and Unexpired Leases and (B) Abandonment of Certain Personal Property, if Any, Each Effective as of the Rejection Effective Date and (II) Granting Related Relief ( D.I. 311, Filed 7/14/21).

• Debtor’s Omnibus Motion Seeking Entry of an Order (I) Authorizing (A) the Rejection of Certain Executory Contracts and Unexpired Leases and (B) Abandonment of Certain Personal Property, if Any, Each Effective as of the Rejection Effective Date and (II) Granting Related Relief ( D.I. 261, Filed 6/17/21).

• If such Objection is overruled by the Bankruptcy Court or withdrawn, the rejection of such Contract or Lease shall be deemed effective (a) as of the Rejection Effective Date, (b) as otherwise agreed to by the Objecting Party and the Debtors, or (c) as otherwise determined by the Bankruptcy Court as set forth in any order overruling such Objection.

More Definitions of Rejection Effective Date

Rejection Effective Date means the date upon which the rejection of an executory contract or unexpired lease under this Plan is deemed effective, which shall not be later than 60 calendar days after the Effective Date unless otherwise agreed by the relevant Rejection Party.

Rejection Effective Date means, with respect to each rejected Real Property Lease, the date designated by the Bankruptcy Court as the effective date for the rejection of such Real Property Lease.

Rejection Effective Date means, with respect to any Non-Assigned Designated Remaining Contract, the last day of the calendar month during which occurs the thirtieth (30th) day after the date on which either Purchaser provides written notice to Sellers and the counterparty or counterparties of such Non-Assigned Designated Remaining Contract that neither Purchaser elects to have such Non-Assigned Designated Remaining Contract assumed by Sellers and assigned to a Purchaser.

Rejection Effective Date means (a) the date on which an final order is entered with respect to the rejection of an executory contract or unexpired lease during the administration of these Chapter 11 Cases under section 365 of the Bankruptcy Code, or (b) the date upon which

Rejection Effective Date has the meaning set forth in Section 2.6(b).

Rejection Effective Date means the date on which the rejection of an executory contract or unexpired lease hereunder is deemed effective, which date shall not be later than sixty (60) calendar days after the Effective Date, unless otherwise agreed by the applicable Debtor or Reorganized Debtor and the applicable Rejection Counterparty.

Rejection Effective Date means, with respect to each rejected Real Property Lease, the date designated by the Bankruptcy Court as the effective date for the rejection of such Real Property Lease.