Get the free Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed
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This document contains a detailed listing of executory contracts and unexpired leases that are to be assumed. It includes information about various contract counterparties, their contact information,
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How to fill out schedule 102a executory contracts
How to fill out Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed
01
Obtain a copy of Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed.
02
Review the existing executory contracts and unexpired leases that are relevant to your case.
03
Identify each contract or lease that you plan to assume and categorize them as necessary.
04
Fill in the required details for each contract or lease, including the name of the counterparty, the date of the contract, and any outstanding obligations.
05
Indicate any modifications or amendments made to the original contracts or leases, if applicable.
06
Include any additional information required by the form, such as the amounts due under each lease or contract.
07
Ensure that all information is accurate and complete before signing and submitting the schedule.
Who needs Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
01
Debtors in bankruptcy proceedings who wish to assume executory contracts or unexpired leases as part of their reorganization plan.
02
Creditors and parties involved in the bankruptcy case to understand which contracts and leases are being assumed.
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People Also Ask about
What does executory contract mean in insurance?
845 (1988) (executory contract means "simply a contract under which (a) debtor and non-debtor each have unperformed obligations and (b) the debtor, if it ceases further performance, would have no right to the other party's continued performance"); H.R.
What is an example of an executed contract in real estate?
An executed contract is when all parties have fulfilled their promises. For example, a sales contract is complete when the transaction closes. The buyer has paid the money, and the seller has transferred the title.
What is an example of an executory contract in real estate?
An example of an executory contract is an apartment lease. The lessee is expected to continue to pay and the lessor is expected to continue to care for the property until the end date in the contract.
What is an example of an executory contract?
An example of an executed contract is the purchase of a vehicle in one lump payment. The contract is immediately complete after the sale is over. On the other hand, both parties have to carry out their duties before they fulfill executory contracts. An example of an executory contract is an apartment lease.
What is an executory contract in real estate Quizlet?
An executory contract is a contract that has not yet been fully performed, that is to say, fully executed. Put another way, it's a contract under which both sides still have important performance remaining.
What is an executory contract in real estate?
An executory contract in real estate is a contract that has remaining actions or obligations to be completed. A rental lease is one example since the landlord must continue to provide space, and the renter must continue paying rent. Another example of an executory contract in real estate is the escrow process.
Is a rental lease an example of an executory contract?
Leases and rental agreements are classic examples of executory contracts. Both the landlord and tenant have continuing obligations—one to provide space, the other to pay rent. These contracts help manage long-term commitments in property management and long-term leasing.
What does executory contracts and unexpired leases mean?
Executory contracts are those in which both parties still have significant remaining performance obligations. Examples are supply contracts, purchase agreements, employment contracts and service contracts. Unexpired leases are those in which the tenant and has remaining occupancy rights and lease payments.
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What is Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
Schedule 10.2(a) refers to a document in bankruptcy proceedings that lists executory contracts and unexpired leases that the debtor intends to assume under the reorganization plan.
Who is required to file Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
The debtor in a bankruptcy case is required to file Schedule 10.2(a) to disclose any executory contracts and unexpired leases they wish to assume as part of their reorganization.
How to fill out Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
To fill out Schedule 10.2(a), the debtor must list each executory contract and unexpired lease, including relevant details such as the parties involved, the nature of the contract or lease, and any necessary amendments or modifications.
What is the purpose of Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
The purpose of Schedule 10.2(a) is to provide transparency in the bankruptcy process by informing creditors and the court of which contracts and leases the debtor intends to maintain during the reorganization.
What information must be reported on Schedule 10.2(a) Executory Contracts and Unexpired Leases to be Assumed?
On Schedule 10.2(a), debtors must report the name of the counterparty, the description of the executory contract or lease, the date of the contract, the status of any outstanding obligations, and any proposed modifications or assumptions.
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