An Alaska Notice of Motion to Assume/Reject Executory Contract or Unexpired Lease is a legal document filed with the court in Alaska to initiate a process to either accept or reject a contract or unexpired lease. The notice of motion must be filed by a debtor in order to obtain the court’s permission to assume or reject an executory contract or unexpired lease. The notice must include the debtor’s intention to assume or reject the contract or lease, the name of the contract or lease, the date of the contract or lease, and a copy of the contract or lease attached to the notice. The two types of Alaska Notice of Motion to Assume/Reject Executory Contract or Unexpired Lease are: 1. Motion to Assume an Executory Contract or Unexpired Lease: This is a motion filed by a debtor to assume an executory contract or unexpired lease. This allows the debtor to take over the obligations of the contract or lease and continue performance of the contract or lease in accordance with its terms. 2. Motion to Reject an Executory Contract or Unexpired Lease: This is a motion filed by a debtor to reject an executory contract or unexpired lease. This allows the debtor to terminate its obligations under the contract or lease and relieve itself of any further performance obligations.
Alaska Notice of Motion to (Assume/Reject) Executory Contract or Unexpired Lease
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