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200005855
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Last modified
10/13/2011 5:45:00 PM
Creation date
10/20/2005 8:59:25 PM
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DEEDS
Inst Number
200005855
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200005855 <br />certain objections to the relief sought in the Settlement Motion: each of which has either <br />been overruled, withdrawn or settled. <br />D. A reasonable opportunity to object or be heard regarding the relief requested in <br />the Settlement Motion has been afforded to all interested persons and governmental units, <br />the Court having conducted hearings on the Settlement Motion on May 2, 2000 and July <br />7, 2000. <br />E. The IHS Debtors have: (i) full corporate power and authority to execute the <br />Settlement Agreement and all other documents contemplated thereby; and (ii) all the <br />corporate power and authority necessary to consummate the transactions contemplated by <br />the Settlement Agreement; no consent or approval, other than this Order is required for <br />the IHS Debtors to consummate such transactions. <br />F. The IHS Debtors have exercised sound business judgment in deciding to proceed <br />with those matters provided in the Settlement Agreement and the U.S. Stipulation, <br />including without limitation the IHS Debtors' transfer to the SNH Entities of all the IHS <br />Debtors' rights, title and interests in the Transfer Facilities and the Aurora Parcel, the <br />assumptions and assignments (the "Contract Assi nments ") of the Assigned Contracts <br />provided therein, the execution and delivery of the New Pennsylvania Lease, New <br />Pennsylvania Guaranty and the Management and Servicing Agreement, the payments to <br />be made to the SNH Entities in lieu of rent or use and occupancy for periods after the <br />petition date, the payment of rent from January 1, 2000 pursuant to the New Pennsylvania <br />Lease, the sale of personal property located at the Transfer Facilities to the extent <br />632699_1, 07/06/00 _ 4 <br />
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