kior chancery order to sell assets

8/20/2019 Kior Chancery Order to Sell Assets

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Case: 44CH1:15-cv-00022-KMB Document #: 88 Filed: 08/31/2015 of 35



sale shall be preserved. All sale proceeds shall be retained by the Receiver in an interest bearing

escrow account and shall not be disbursed pending further order of this Court; provided, however

that the Receivermaymake disbursements

of

sale proceeds necessary to fulfill his obligations topay

the Cleanup Costs as defined in the Agreement); and

F) Exceptas provided inparagraph8herein,nothingin this Ordershall beconstruedas

waiving or otherwise effecting any rights, claims, defenses, objections or other interests

of

the

SecuredClaimants, Austin or other creditorswith respectto theHydrotreaterAssets, theexistenceor

priority of lienson proceeds from the sale, thedistribution of salesproceeds,or otherwise, andall

such

rights claims defenses, objections orother

interests shall

beresolved byseparateorder ofthis

Court at a later date, after all interested parties have opportunity to be heard.

ITIS FURTHERORDERED that within three 3) days

of

the date

of

this Order,the Receiver

shall mail a copy ofthe

Order

toallknown

creditors and parties in interest

who

have

or

may have

claims against

KiOR Columbus LLC ortothe

Hydrotreater

Assets commanding such parties tofile

notice

in

this Court

ofany

claim

tothe

KiOR Columbus assets and/or

written objection to

this

Order

onorbefore September 11 2015.

The

Receiver shall file a

certificate

ofservice with the Clerk of

Court confirming the notice

of

this Order.

ORDERED this the 3)

^day

of P\ ^ ^

2 15

>vn

Approved andConsentedto by:

/ s / Derek A. Henderson

Derek A. Henderson,

MSB 2260

KENNETH M.

BURNS

CHANCELLOR

/s /

H. Hunter

Twdford.

Il l

H. Hunter

Twiford

,

m MSB

8162

of7

Case: 44CH1:15-cv-00022-KMB Document #: 88 Filed: 08/31/2015 Page 6 of 35

kior chancery order to sell assets

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