1. The issuance of the decision to initiate preventive settlement proceedings shall not result in the maturity of the debts nor the cessation of the interests, and any provision to the contrary in the contracts concluded with the debtor shall be deemed null and void. 2. The issuance of the decision to initiate preventive settlement proceedings shall not result in the suspension or termination of the debtor's valid contracts, including lease agreements, even if the contract stipulates otherwise. The party contracting with the debtor shall continue to fulfill its contractual obligations as long as the debtor does not cease to perform its obligations subsequent to the date of issuance of the decision to initiate the proceedings. 3. With the exception of contracts covered by preventive settlement proceedings and in the event that the debtor breaches any of its contractual obligations, and as an exception to the suspension of claims, the Bankruptcy Court may, upon motion of the contracting party, decide to terminate the contract. 4. The Bankruptcy Court may, upon the debtor's request, order the termination of any effective contract to which the debtor is a party if the same is necessary to enable the debtor to carry out its business or serves the interest of creditors, provided that the termination does not lead to serious damage to the interests of the party contracting with the debtor, unless the court decides to compensate the contracting party on a fair basis, in which latter case the contracting party has the right to engage in the preventive settlement proceedings as an ordinary creditor with regard to the compensation resulting from the termination.
Interpretation and application must be checked against the official text and current version.