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2017-02-07_GENERAL DOCUMENTS - C1992081 (2)
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2017-02-07_GENERAL DOCUMENTS - C1992081 (2)
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Last modified
2/8/2017 10:06:14 AM
Creation date
2/8/2017 10:03:01 AM
Metadata
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Template:
DRMS Permit Index
Permit No
C1992081
IBM Index Class Name
General Documents
Doc Date
2/7/2017
Doc Name
Third Order Autrhorizing the Debtors to Assume Certain Unexpired Leases of Nonresidential
From
United States Bankruptcy Court Eastern District of Missouri
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
MPB
JRS
JDM
Media Type
D
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No
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Case 16-42529 Doc 2220 Filed 01/27/17 Entered 01/27/17 12:05:29 Main Document <br />Pg4of13 <br />their respective property that any additional amounts are due or other defaults exist (other than <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 />Assumed and Rejected Leases Schedule, attached hereto,3 and the Rejected Leases are deemed <br />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 />Each Rejected Lease identified on the Assumed and Rejected Leases Schedule includes any modifications, <br />amendments, addenda or supplements thereto or restatements thereof. Notwithstanding the foregoing, the <br />Rejected Leases shall not include any (a) payment agreements, (b) royalty agreements, including <br />independent overriding royalty agreements, (c) assignment and assumption agreements, (d) purchase and <br />other acquisition agreements, (e) sale agreements or (f) purchase option agreements, none of which are <br />leases of nonresidential real property within the meaning of section 365(d)(4) of the Bankruptcy Code; <br />provided that nothing in this Order shall be construed to impair the Debtors' rights to assume or reject any <br />of the foregoing as may be permitted by section 365 of the Bankruptcy Code. <br />me <br />
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