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2016-11-29_GENERAL DOCUMENTS - C1994082
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2016-11-29_GENERAL DOCUMENTS - C1994082
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Last modified
12/1/2016 1:32:50 PM
Creation date
12/1/2016 1:01:47 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1994082
IBM Index Class Name
General Documents
Doc Date
11/29/2016
Doc Name
Order (1) Authorizing the Debtors to (A) Assume Certain Unexpired Leases of NonResidential Real Prop
From
United States Bankruptcy Court
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
JRS
MPB
JHB
Media Type
D
Archive
No
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Case 16-42529 Doc 1639 Filed 11/18/16 Entered 11/18/16 10:59:43 Main Document <br />Pg 4 of 69 <br />Post -Objection Defaults), that conditions to assignment must be satisfied under such Assumed <br />Lease or that there is any objection or defense to the assumption of such Assumed Lease. <br />6. The Debtors are authorized to reject the Rejected Leases identified on the <br />attached Exhibit B (the "Rejected Leases Schedule"), attached hereto,3 and the Rejected Leases <br />are deemed rejected, pursuant to section 365 of the Bankruptcy Code, effective as of the <br />Assumption/Rejection Date. <br />7. Notwithstanding the rejection of any Rejected Lease pursuant to this Order, <br />counterparties to the Rejected Leases (and their successors and assigns) shall not deny the <br />Debtors (or their employees, agents or contractors) reasonable access to the premises related to <br />any Rejected Lease for purposes of undertaking such reclamation and other environmental <br />compliance activities as the Debtors are, or may in the future be, required to perform under <br />applicable law; provided that such access shall be limited as set forth in any Access Agreement <br />negotiated by the Debtors and the applicable counterparty (or such counterparty's successors or <br />assigns). The Debtors shall have the right to request further relief from the Court if they are <br />unable to successfully negotiate an Access Agreement with a counterparty to a Rejected Lease <br />(or a successor or assign of such a counterparty) or otherwise are denied reasonable access to the <br />relevant premises to perform any reclamation and other environmental compliance obligations. <br />8. In the event that the Debtors are denied access to any premises related to <br />the Rejected Leases for the purpose of undertaking reclamation and other environmental <br />Each Rejected Lease identified on the Rejected Leases Schedule includes any modifications, amendments, <br />addenda or supplements thereto or restatements thereof. Notwithstanding the foregoing, the Rejected <br />Leases shall not include any (a) payment agreements, (b) royalty agreements, including independent <br />overriding royalty agreements, (c) assignment and assumption agreements, (d) purchase and other <br />acquisition agreements, (e) sale agreements or (f) purchase option agreements, none of which are leases of <br />nonresidential real property within the meaning of section 365(d)(4) of the Bankruptcy Code; provided that <br />nothing in this Order shall be construed to impair the Debtors' rights to assume or reject any of the <br />foregoing as may be permitted by section 365 of the Bankruptcy Code. <br />ME <br />
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