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Because Schneider was in the AHL at the time of the trade, Phoenix recalls him, but before he can join the Coyotes, he must pass through waivers. Once he has cleared waivers, he is free to join the Coyotes.
If a team did claim him, he would not be eligible to play with that team when the playoffs roll around because essentially he would have been acquired by that team AFTER the NHL's Trade Deadline.
Hope that clears up the confusion.
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