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1993-12-01_GENERAL DOCUMENTS - C1981017 (3)
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1993-12-01_GENERAL DOCUMENTS - C1981017 (3)
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Last modified
1/31/2021 7:34:10 AM
Creation date
4/30/2012 11:29:07 AM
Metadata
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Template:
DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Date
12/1/1993
Doc Name
Debtor's 1st amended plan of liquidation
From
US District Court
To
Mid-Continent Resources, Inc.
Permit Index Doc Type
General Correspondence
Media Type
D
Archive
No
Tags
DRMS Re-OCR
Description:
Signifies Re-OCR Process Performed
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-3. 1. 1 Professional Fees and Expenses. Notwithstanding <br /> Section 5. 1 of Plan, professionals employed pursuant to <br /> Section 327 of the Bankruptcy Code, and entities who may <br /> be entitled to the allowance of fees or the reimbursement <br /> of expenses from the estate of the Debtor pursuant to <br /> subparagraphs (2 ) through ( 6) of § 503 (b) of the <br /> Bankruptcy Code, shall receive cash in the amount allowed <br /> to such professionals and entities at such times and only <br /> in accordance with a final order of the Court entered <br /> pursuant to SS 330, 331, or 503 (b) (2 ) through ( 6) of the <br /> Bankruptcy Code. <br /> 5. 1.2 Mid-Continent Minerals. Notwithstanding Section <br /> .5. 1 of the Plan, Minerals, e�nd:. .z.ts <br /> a teat s 8�ttr '.?: 5u s'id .ar :as WI1 Gh' S�7E:C ..f:�.Gally.*;:.* not <br /> include ? tk .<;Izc ::Ccirgiiation}:"shall"`receive or retain <br /> nothin' :Turin the Plan -on •account of � post-petition <br /> loans;;: v s°r servia e_f Q=::::otih cre' tens."Qn` 3.xz <br /> the'•Debto=:.... h.::. ...,.:.,..,:.,....,.:::...,..:.w,.:.,�,,,.,.. R . <br /> 5.2 Tax Priority Claims. Each Allowed Claim having <br /> unsec�zed priority pursuant to Section 507 (a) (7) of the Bankruptcy <br /> Code.; 'including 6olaims of the State of Colorado for severance <br /> taxes and sales and use taxes, shall be-hard-by the DebteE in f� <br /> and is each en the E f eetive Date, emeept is the-eitent that the <br /> asdeE ef seek--Gla-iai has a weed te-Q-Q�eEent tFeatment of <br /> ve �crn :<tie:;_ eetQrru : :::::::defers <br /> �...:..... r. :.? s <br /> ed :s :::s , :., a :;:< f:tee:.:the:<.dat� :: f::::.aesessznent <br /> of such 2a�m. ..: r�get ie ar te'rest :.. rtiitti:;{{tie'"v<' f ective ':bate <br /> accrued:: hhte>:r� :<> .$ <br /> ARTICLE VI <br /> EXECUTION AND IMPLEMENTATION OF THE PLAN <br /> 6. 1 Payments on Effective Date. All cash payments to be <br /> made on the Effective Date to claims in Classes 2-r 3, 5r 7, 8, and <br /> 11 or to administrative claims shall be paid by the Debtor from the <br /> Debtor's cash assets existing on the Effective Date. :• ` •" <br /> that: au riad;:: ::..:. . <br /> 3.�-t. e;��ver�t <br /> ,.......<:.::.:.<:>:: .::::.........:.,:.::..:..:::.::... :..:....... aas,:azz`tie'EEetive':Date` <br /> serve>:funds <for:::suoh>:C, = ;;:;".:", :. r,`:... :.:.:i:,..:i.- ,•., <br /> :. . .. ..........:: .:<m.: ::::.:::::::::.:.. .....:....,.:. s.,.....lifter suc#�::;: Iris <br /> :; aaem :. <br /> res�i"'q<�< :.: :.��:�±C�>:=' � ;� �for�:}x; �us�`;� �c�su �ti>>::tom..�eGt ran--:5.:. ;::• :::: <br /> • ...:.: ••;:::•:::::+i;:;i:4p'iii:v:34Y'lii:fn9i4it:iii: ' ]P::vAYRiiif:•:L:k:O''1:•::ti::�:•:.n::.••: <br /> t ,�:.:.�?1a�x <br /> -10- <br />
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