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Full title: Order Authorizing the Sales of De Minimis Assets (related document(s)572) Signed on 12/30/2020. (LMC) (Entered: 12/30/2020)

Document posted on Dec 29, 2020 in the bankruptcy, 2 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Upon the Notice of Sales of De Minimis Assets [Docket No.571] (the “Notice”)2 with respect to the proposed sales (the “Proposed Sales”) of certain property described in the Notice (the “De Minimis Assets”) to Phoenix 1440, Inc. (the “Buyer”), provided pursuant to the Amended Order Establishing Procedures for and Authorizing the Sale or Abandonment of De Minimis Assets [Docket No.569] (the “Procedures Order”); and the Debtors having obtained the consent of the Notice Parties to the Proposed Sales; and it appearing that sufficient notice of the Proposed the circumstances; and it appearing that the Proposed Sales are in the best interests of the Debtors and their estates and creditors, it is hereby ORDERED, that the Proposed Sales are approved; and it is further ORDERED, that the Debtors are hereby granted authority to sell the De Minimis Assets to Phoenix 1440, Inc. free and clear of all liens, claims, interests, and encumbrances (the “Liens”) for the Purchase Price set forth in the Purchase Agreements; provided that any valid Liens on the De Minimis Assets shall transfer and attach to the proceeds of the Proposed Sales with the same validity and priority as such Liens had in respect of the De Minimis Assets at the time of the Proposed Sales; and it is further 1 The last four digits of YouFit Health Clubs, LLC’s tax identification number are 6607.Due to the large number of debtor entities in these chapter 11 cases, a complete list of the debtor entities and the last four digits of their federal tax identification numbers is not provided herein.

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FOR THE DISTRICT OF DELAWARE In re: Chapter 11 YOUFIT HEALTH CLUBS, LLC, et al.,1 Case No. 20-12841 (MFW) Debtors. (Jointly Administered) Ref. Docket No. 572 ORDER AUTHORIZING THE SALES OF DE MINIMIS ASSETS Upon the Notice of Sales of De Minimis Assets [Docket No. 571] (the “Notice”)2 with respect to the proposed sales (the “Proposed Sales”) of certain property described in the Notice (the “De Minimis Assets”) to Phoenix 1440, Inc. (the “Buyer”), provided pursuant to the Amended Order Establishing Procedures for and Authorizing the Sale or Abandonment of De Minimis Assets [Docket No. 569] (the “Procedures Order”); and the Debtors having obtained the consent of the Notice Parties to the Proposed Sales; and it appearing that sufficient notice of the Proposed Sales havin g been given under the circumstances; and it appearing that the Proposed Sales are in the best interests of the Debtors and their estates and creditors, it is hereby ORDERED, that the Proposed Sales are approved; and it is further ORDERED, that the Debtors are hereby granted authority to sell the De Minimis Assets to Phoenix 1440, Inc. free and clear of all liens, claims, interests, and encumbrances (the “Liens”) for the Purchase Price set forth in the Purchase Agreements; provided that any valid Liens on the De Minimis Assets shall transfer and attach to the proceeds of the Proposed Sales with the same validity and priority as such Liens had in respect of the De Minimis Assets at the time of the Proposed Sales; and it is further 1 The last four digits of YouFit Health Clubs, LLC’s tax identification number are 6607. Due to the large number of debtor entities in these chapter 11 cases, a complete list of the debtor entities and the last four digits of their federal tax identification numbers is not provided herein. A complete list of such information may be obtained on the website of the claims and noticing agent at www.donlinrecano.com/yfhc. The mailing address for the

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ownership and title of the De Minimis Assets to the Buyer and to consummate the Proposed Sales; and it is further ORDERED, that this Court shall retain jurisdiction to hear and determine all matters arising from and related to the implementation of this Order. Dated: December 30th, 2020