New Mexico Order Granting Motion to Assume/Reject Executory Contract is a legal document issued by the court in a bankruptcy case. This order grants a motion to either assume or reject an executory contract, such as a lease, service agreement, or license agreement. This order will determine whether the debtor can keep the contract or not. It is important to note that the order must be approved by the court before any action can be taken. There are two types of New Mexico Order Granting Motion to Assume/Reject Executory Contract: 1. Motion to Assume Executory Contract: This motion allows the debtor to keep the contract and continue to perform its obligations under the contract. 2. Motion to Reject Executory Contract: This motion allows the debtor to terminate the contract and not be bound by its terms.
New Mexico Order Granting Motion to Assume/Reject Executory Contract is a legal document issued by the court in a bankruptcy case. This order grants a motion to either assume or reject an executory contract, such as a lease, service agreement, or license agreement. This order will determine whether the debtor can keep the contract or not. It is important to note that the order must be approved by the court before any action can be taken. There are two types of New Mexico Order Granting Motion to Assume/Reject Executory Contract: 1. Motion to Assume Executory Contract: This motion allows the debtor to keep the contract and continue to perform its obligations under the contract. 2. Motion to Reject Executory Contract: This motion allows the debtor to terminate the contract and not be bound by its terms.
