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1993-01-18_GENERAL DOCUMENTS - C1981017
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1993-01-18_GENERAL DOCUMENTS - C1981017
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1/25/2021 1:52:26 PM
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DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Date
1/18/1993
Doc Name
Case No. 92 11658 Debtors First/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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agente7—and effT-1rez---7 in eenfleetien with iqueh GlaBe -9 <br /> heldeEle elaiffi& <br /> 8n -e.- <br /> Netwith tanding the <br /> fer-eg&iftg =fiii 'th:;e':'."eve�n't' 'th'*a*t"`the"Plan is''not' accepted by a minimum <br /> of $10,000,00'0 of Class 9 claims, specifically including the claims <br /> of the Colorado Compensation Insurance Authority, Public Service <br /> Company of Colorado, and the Denver & Rio Grande Railroad, the Plan <br /> shall be withdrawn and all releases given pursuant to this Sectioni <br /> 7-*i*'2':::a'*'*n'*d**'*'7 W`3 6 f.'::,t h d::Plain shall be null and void, unless Sanwa in its <br /> XX <br /> s !:e i s,6*r**e*'t i o n waives the-i" <br /> minimum acceptance requirement. <br /> 7 .45 Other Claims Against Third Parties. Except as <br /> provided in Sections 7.2 and 7.3 of the Plan, nothing in the <br /> Plan shall limit the 'f iability, if any, of any person other than <br /> the Debtor on any claim against the Debtor. Specifically, nothing <br /> in the Plan shall release any officers, directors, agents, <br /> employees, or corporate affiliates of the Debtor from any personal <br /> liability that such persons may have with respect to environmental <br /> remediation or reclamation of the Mine Site. Nothing in the Plan <br /> shall constitute any admission of such liability by such persons. <br /> 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 Severability. If any provision of the Plan renders <br /> the Plan unconfirmable, 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 unconfirmable, 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 unconfirmable, 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 /> -23- <br />
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