Examples of Treatment Objection in a sentence
To the extent that the above-listed contracts, agreements, policies, programs and plans are executory contracts, pursuant to sections 365 and 1123 of the Bankruptcy Code, unless a Treatment Objection is timely filed and properly served, each of them will be deemed assumed (as modified or terminated) as of the Effective Date with a Cure of zero dollars.
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.
With respect 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 will 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.
The counterparty to any executory contract or unexpired lease first listed on or removed from Exhibit C, Exhibit D or Exhibit E of the Plan, as applicable, later than the date that is five (5) days before the Confirmation Hearing, shall have until the Confirmation Hearing to file a Treatment Objection.
Unless the Bankruptcy Court expressly orders or the parties agree otherwise, any assumption or rejection approved by the Bankruptcy Court notwithstanding a Treatment Objection will be effective as of the Assumption Effective Date or Rejection Effective Date originally proposed by the Debtors or specified in the Plan.
One way of doing this is a daybook, which is completed by the hall users.
If you timely file and serve a Treatment Objection that is not otherwise resolved after a reasonable period of time, a hearing will be scheduled in accordance with Section 8.6(c) of the Plan.
Any counterparty to an assumed Executory Contract or Unexpired Lease that fails to make its Treatment Objection prior to the Executory Contract Objection Deadline shall be deemed to have assented to such proposed assumption or rejection, as applicable, and shall be deemed to have forever released and waived such Treatment Objection and shall be precluded from being heard at the Combined Hearing with respect to such objection.
With respect to 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 14 calendar days’ notice of such hearing to the relevant Assumption Party or Rejection Party.
The counterparty to any executory contracts or unexpired leases first listed on or removed from Exhibit C, Exhibit D or Exhibit E of the Plan, as applicable, on or before the date that is five (5) days before the Confirmation Hearing, shall have five (5) days from the date of such amended Exhibit to file a Treatment Objection.