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6. The Reorganized Debtors filed and served a notice <br />indicating that March 3, 1993 vas the Effective Date of the Plan. <br />7. The order confirming the Plan ("Confirmation <br />Order") provides that all of the assets dealt with under the <br />Plan, including the former assets of DMC, are retained by the <br />Debtors free and clear of all claims, interests, charges, <br />encumbrances and liens. Plan Confirmation Order, 1 5. <br />Furthermore, all entities who held claims, interests, or liens <br />against any of Reorganized Debtors' property are enjoined from <br />enforcement of such rights. Plan Confirmation Order, i 8. <br />PROPERTY TO BE SOLD <br />8. The Reorganized Debtors propose to sell all of the <br />property, plant and equipment of DMC specified in paragraph 1.2 <br />of the asset purchase agreement (the "Asset Purchase Agreement") <br />between the Reorganized Debtors and DJJ, a copy of which is <br />attached hereto as Exhibit A, for the sum of $2,000,000. The <br />Reorganized Debtors will also sell DMC's inventory on hand to DJJ <br />at the fair market price to be determined prior to the closing of <br />the sale. The sale does not include cash, cash equivalents or <br />accounts receivable of DMC. All property to be sold to DJJ will <br />hereinafter by referred to as the "Purchased Assets." <br />3 <br />