Plan Supplement - Exhibit A Schedule of Rejected Contracts — In re Vyaire Medical, Inc., et al.
Summary
Exhibit A to the plan supplement, headed Rejected Contracts and Unexpired Leases Schedule, filed October 28, 2024 as Doc 689-1 in the chapter 11 cases of Vyaire Medical, Inc., et al., Case No. 24-11217-BLS. It quotes Article V.A. of the Joint Chapter 11 Plan of Reorganization dated September 30, 2024 [Docket No. 581], under which each executory contract or unexpired lease not previously assumed, assumed and assigned, or rejected is deemed automatically rejected on the Effective Date unless it falls within listed exceptions. It states that the debtors reserve the right to alter or supplement the schedules through and including 90 days after the Effective Date, and that an altered rejected-contracts schedule is subject to the consent of the Required DIP Lenders.
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- Date
- 2024-09-30
Cite this document
“Plan Supplement - Exhibit A Schedule of Rejected Contracts — In re Vyaire Medical, Inc., et al.”
Original at ecf.deb.uscourts.gov, dated 2024-09-30. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2024-09-30-microsoft-word-plan-supplement-exhibit-a-schedule-of-rejected-contracts-4868469/
, SHA-256 aeb1798be31456214333c0534ff44e2033259a256a087efe40a380b3bc33c9e8.Full text
EXHIBIT A REJECTED CONTRACTS AND UNEXPIRED LEASES SCHEDULE Article V.A. of the Joint Chapter 11 Plan of Reorganization of Vyaire Medical, Inc. and Its Debtor Affiliates, dated September 30, 2024 [Docket No. 581] (as may be amended, modified, or supplemented, the “Plan”),1 provides as follows: On the Effective Date, except as otherwise provided herein or in the Sale Orders, each Executory Contract or Unexpired Lease not previously assumed, assumed and assigned, or rejected shall be deemed automatically rejected, pursuant to sections 365 and 1123 of the Bankruptcy Code, unless such Executory Contract or Unexpired Lease is: (1) identified on the Schedule of Assumed Executory Contracts and Unexpired Leases; (2) the subject of a motion to assume (or assume and assign) such Executory Contract that is pending on the Confirmation Date; (3) a contract, instrument, release, indenture, or other agreement or document entered into in connection with the Plan; (4) a D&O Liability Insurance Policy; (5) an Asset Purchase Agreement; or (6) to be assumed by the Debtors and assigned to any Purchaser in connection with any Sale Transaction and pursuant to any Sale Transaction Documentation. Notwithstanding anything to the contrary in the Plan or the Sale Transactions Documentation, the Debtors, the Wind-Down Debtors, and the Plan Administrator, as applicable, reserve the right to alter, amend, modify, or supplement the Schedule of Assumed Executory Contracts and Unexpired Leases, the Schedule of Rejected Executory Contracts and Unexpired Leases, and the Schedule of Retained Causes of Acton identified in this Error! Reference source not found. of the Plan and in the Plan Supplement at any time through and including 90 days after the Effective Date. The Debtors or the Wind-Down Debtors, as applicable, shall provide notice of any amendments to the Schedule of Assumed Executory Contracts and Unexpired Leases or the Schedule of Rejected Executory Contracts and Unexpired Leases to the parties to the Executory Contracts or Unexpired Leases affected thereby. For the avoidance of doubt, this Error! Reference source not found. relates to Executory Contracts or Unexpired Leases other than such agreements assumed, assumed and assigned, or rejected in accordance with the terms of any Sale Order. For the avoidance of doubt, the Debtors, pursuant to the terms of the Plan, maintain the right to alter, amend, modify, or supplement the Schedule of Rejected Executory Contracts and Unexpired Leases, which such altered, amended, modified, or supplemented schedule shall be subject to the consent of the Required DIP Lenders. 1 Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Plan. Case 24-11217-BLS Doc 689-1 Filed 10/28/24 Page 1 of 1
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- aeb1798be31456214333c0534ff44e2033259a256a087efe40a380b3bc33c9e8
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