What are some common rules of contract interpretation that courts apply to executory agreements?

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Until the buyer has paid the full purchase price, and the seller has handed over the property, the contract is considered executory. The seller's obligation to ... Executory contracts such as contracts for deed, lease-purchases, and lease-options have long been tools of Texas residential real estate sellers. Contracts to buy or sell a non-financial item that can be settled net in cash or another financial instrument or by exchanging financial instruments, Under section 365 of the Bankruptcy Code, the Debtor has the option to either assume or reject unexpired leases and executory contracts. (In simple terms, an ... Days later, Svenhard's commenced a chapter 11 case and did not list the settlement agreement as an executory contract on its schedules. The pension fund filed a ... Oct 1, 2012 ... Under the Bankruptcy Code, debtors and bankruptcy trustees are authorized to assume or reject executory contracts (and unexpired leases) in ... Sep 11, 2024 ... (If a contract or lease is executory, a debtor may assume it or reject it.) Discharge. A release of a debtor from personal liability for ... Jan 14, 2017 ... Legislation passed in 2005 amended the laws dealing with executory contracts. An executory contract is a contract that has unperformed ... 59. Executory Contracts in Bankruptcy -- Introduction, Threshold Issues ... The Bankruptcy Code, 11 U.S.C. § 365, provides that, subject to court approval and ... Mar 18, 2009 ... The bankruptcy trustee may either affirm and accept (assume) or terminate and surrender (reject) an executory contract or unexpired lease.17 The ...
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