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1994-06-27_GENERAL DOCUMENTS - C1981017 (2)
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1994-06-27_GENERAL DOCUMENTS - C1981017 (2)
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Last modified
2/3/2021 7:18:20 PM
Creation date
5/1/2012 10:05:49 AM
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DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Date
6/27/1994
Doc Name
Case 92 11658 Debtors Second Amended Plan of Liquidation
Permit Index Doc Type
General Correspondence
Media Type
D
Archive
No
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DRMS Re-OCR
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Signifies Re-OCR Process Performed
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ARTICLE VIII <br /> MISCELLANEOUS <br /> 8. 1 Headings. The headings used in the Plan are solely <br /> for the convenience of the reader and do not in any way limit, <br /> expand or modify the provisions of the Plan to which they refer. <br /> 8 . 2 SeverabilitV. If any provision of the Plan renders <br /> the Plan unconformable, or is otherwise held to be illegal, <br /> invalid, or unenforceable, such provision shall be fully severable. <br /> The Plan then shall be construed and enforced as if such provision <br /> had never comprised a part of the Plan, and the remaining <br /> provisions of the Plan shall remain in full force and shall not be <br /> affected by the unconformable, illegal, invalid, or unenforceable <br /> provision or by its severance from the Plan. Furthermore, in lieu <br /> of such provision, there shall be added as a part of this Plan a <br /> provision as similar in terms to such unconformable, illegal, <br /> invalid, or unenforceable provision as may be possible and be <br /> confirmable, legal, valid and enforceable. Notwithstanding the <br /> foregoing, the provisions of Section 7 . 1 of the Plan may not be <br /> severed from the Plan. <br /> 8 . 3 Modification of the Plan. The Debtor may propose <br /> amendments or modifications of the Plan at any time prior to <br /> confirmation. After entry of the Confirmation Order, the Debtor <br /> may, with approval of the Court, so long as it does not materially <br /> or adversely affect the interests of holders of Claims, remedy any <br /> defect or omission or reconcile any inconsistency in the Plan, or <br /> in the order confirming the Plan, in such manner as may be <br /> necessary to carry out the purposes and effect of the Plan. <br /> 8.4 Documents and agreements. All parties bound by this <br /> Plan shall execute all documents, releases, assignments or other <br /> agreements necessary to implement the Plan. If any necessary party <br /> refuses or fails to execute, deliver or to join in the execution or <br /> delivery of any instrument required to effect a transfer of <br /> property dealt with by the Plan or perform any other act, including <br /> the satisfaction of a lien, necessary for consummation of the Plan, <br /> the Court may order the same or order the Clerk of the Court to so <br /> execute the instrument, release or other document. <br /> 18 <br />
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