Rejection Party definition

Rejection Party means a counterparty to an executory contract or unexpired lease to be rejected by the Debtors under the Plan.
Rejection Party means a counterparty to an executory contract or unexpired lease to be rejected by the Debtor under this Plan or during the administration of the Debtor’s Chapter 11 Case.
Rejection Party means a counterparty to an executory contract or unexpired lease to be rejected by the Debtors under this Plan (and with respect to a Rejected Municipal Bond Agreement, the Indenture Trustee associated with such Rejected Municipal Bond Agreement).

Examples of Rejection Party in a sentence

  • With respect to any executory contract or unexpired lease first listed on Schedule 10.2(b) later than the date that is 10 calendar days prior to the Voting Deadline, the Debtors shall use their best efforts to notify the applicable Rejection Party promptly of such proposed treatment via facsimile, email or telephone at any notice address or number included in the relevant executory contract or unexpired lease or as otherwise timely provided in writing to the Debtors by any such counterparty or its counsel.

  • For each executory contract or unexpired lease as to which a Treatment Objection is timely filed and properly served and that is not otherwise resolved by the parties after a reasonable period of time, the Debtors, in consultation with the Bankruptcy Court, shall schedule a hearing on such Treatment Objection and provide at least 21 calendar days’ notice of such hearing to the relevant Assumption Party or Rejection Party.

  • 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.


More Definitions of Rejection Party

Rejection Party means a counterparty to an executory contract or unexpired lease to be rejected by the Debtors.
Rejection Party means a counterparty to an executory contract or unexpired lease to be rejected by the Debtors.

Related to Rejection Party

  • 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.

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

  • Non-Party means any Person other than a Party to this Agreement.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.