Bankruptcy Notice Sample Clauses

Bankruptcy Notice. If you file bankruptcy you must send us notice, including your account number and all information related to the proceeding to the following address: First Commonwealth, Attn: Special Assets, P.O. Box 400, Indiana, PA 15701. Changes to Account Information. You provided certain personal information to us when you opened your Account. You agree to notify us if this information changes. If you don't, or if we ask you to verify your Account information and you cannot, we may suspend or close your Account. Information- Sharing. You agree to let us share information about you and your Account as allowed by law. This includes information we get from you and others. Our privacy notice, which is enclosed with your new Account materials, describes reasons First Commonwealth Bank can share its customers' personal information.
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Bankruptcy Notice. If Xxxxx Fargo at any time receives notice of the commencement of a bankruptcy case or other insolvency or liquidation proceeding by or against Customer (a "Bankruptcy Notice"), Xxxxx Fargo will continue to comply with its obligations under this Agreement, except to the extent that any action required of Xxxxx Fargo under this Agreement is prohibited under applicable bankruptcy laws or regulations or is stayed pursuant to the automatic stay imposed under the United States Bankruptcy Code or by order of any court or agency.
Bankruptcy Notice. Subrecipient is required to provide written notice to UT of Subrecipient's filing of a petition for bankruptcy protection. Notice must be provided to the Financial Contact within twenty-four (24) hours. Subrecipient's notice must include the Subaward Agreement number and any Subaward Agreement(s) issued hereunder.
Bankruptcy Notice. Choice Schools shall notify the Academy Board if any principal or officer of Choice Schools, or Choice Schools (including any related organizations or organizations in which a principal or officer of Choice Schools served as a principal or officer) as a corporate entity, files for bankruptcy protection or, at the time this Agreement is executed, has filed for bankruptcy protection within the last five (5) years.
Bankruptcy Notice. Choice shall notify the Academy Board if any principal or officer of Choice, or Choice (including any related organizations or organizations in which a principal or officer of Choice served as a principal or officer) as a corporate entity, files for bankruptcy protection or, at the time this Agreement is executed, has filed for bankruptcy protection within the last five (5) years.
Bankruptcy Notice. As used herein, a "Bankruptcy Notice" is a notice that the Agent and Investor receive from the Company certifying that (i) Investor pursuant to or within the meaning of any bankruptcy law (1) has commenced a voluntary case or proceeding, (2) has consented to the entry of an order for relief against it in an involuntary case or proceeding, (3) has consented to the appointment of a custodian of it or for all or substantially all of its property, or (4) has made a general assignment for the benefit of its creditors; or (ii) a court of competent jurisdiction has (i) entered an order or decree under any bankruptcy law that is for relief against Investor in an involuntary case or proceeding, (ii) appointed a custodian of Investor or for all or substantially all of its property, or (iii) has ordered the liquidation of the Investor, and such order has not been stayed for 60 days. If the Agent has received a Bankruptcy Notice that has not been contested by Investor, then, prior to delivering any Certificates pursuant to Sections 3(a), 3(b) or 3(c) the Agent shall request confirmation from the Company that the first right of refusal pursuant to Section 5.3 of the Investor Rights Agreement has been satisfied or waived, which confirmation will not be unreasonably withheld or delayed.
Bankruptcy Notice. To the extent your original obligation was discharged, or is subject to an automatic stay of bankruptcy under Title 11 of the United States Code, your discharged debt is viewable on your online account for informational purposes only and does not constitute an attempt to collect a debt or to impose personal liability for that discharged debt. However, the Bank retains its rights under any security instrument that exists related to that discharged debt. Any negotiations or arrangements entered into between you and the Bank do not constitute a waiver of your discharge, or an attempt to revive your personal liability for that discharged debt.
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Bankruptcy Notice. If at any time there occurs a Bankruptcy Event, then IWC shall give Vanguard written notice of the Bankruptcy Event (the "Bankruptcy Notice"), which Bankruptcy Notice shall include a summary of the details of the Bankruptcy Event.
Bankruptcy Notice. If Wells Fargo at any time xxxxxves notice of the commencement of a bankxxxxxy case or other insolvency or liquidation proceeding by or against Customer (a "BANKRUPTCY NOTICE"), Wells Fargo will notify the other parties to this Agreement, other thxx Xxstomer. In such circumstances Wells Fargo agrees to continue to comply with its obligations under txxx Xgreement, except to the extent that any action required of Wells Fargo under this Agreement is prohibited under applicable bankrxxxxx laws or regulations or is stayed pursuant to the automatic stay imposed under the United States Bankruptcy Code or by order of any court or agency having jurisdiction over Customer or the Restricted Account.

Related to Bankruptcy Notice

  • Bankruptcy or Insolvency (i) If Lessee shall become a debtor in a case filed under Chapter 7 or Chapter 11 of the Bankruptcy Code and Lessee or Lessee's trustee shall fail to elect to assume this Lease within 60 days after the filing of such petition or such additional time as provided by the court, this Lease shall be deemed to have been rejected. Immediately thereupon, Lessor shall be entitled to possession of the Premises without further obligation to Lessee or Lessee's trustee, and this Lease, upon the election of Lessor, shall terminate, but Lessor's right to be compensated for damages (including, without limitation, liquidated damages pursuant to any provision hereof) or the exercise of any other remedies in any such proceeding shall survive, whether or not this Lease shall be terminated. (ii) An assumption of this Lease in accordance with Section 7.02(f)(i) shall not limit Lessor's right to declare an Event of Default hereunder and exercise any and all remedies available to it if, at any time after such assumption, Lessee is liquidated or files or has filed against it a subsequent petition under Chapter 7 or Chapter 11 of the Bankruptcy Code. (iii) When, pursuant to the Bankruptcy Code, Lessee's trustee or the debtor-in-possession shall be obligated to pay reasonable use and occupancy charges for the use of the Premises, such charges shall not be less than the Basic Rent, Additional Rent and other sums payable by Lessee under this Lease. (iv) Neither the whole nor any portion of Lessee's interest in this Lease or its estate in the Premises shall pass to any trustee, receiver, assignee for the benefit of creditors or any other person or entity, by operation of law or otherwise under the laws of any state having jurisdiction of the person or property of Lessee, unless Lessor shall have consented to such transfer. No acceptance by Lessor of rent or any other payments from any such trustee, receiver, assignee, person or other entity shall be deemed to constitute such consent by Lessor nor shall it be deemed a waiver of Lessor's right to terminate this Lease for any transfer of Lessee's interest under this Lease without such consent. (v) In the event of an assignment of Lessee's interests pursuant to this Section, the right of any assignee to extend the Lease Term shall be extinguished.

  • Bankruptcy; Insolvency The Lessee agrees that in the event all or a substantial portion of the Lessee’s assets are placed in the hands of a receiver or a Trustee, and such status continues for a period of 30 days, or should the Lessee make an assignment for the benefit of creditors or be adjudicated bankrupt; or should the Lessee institute any proceedings under the bankruptcy act or any amendment thereto, then such Lease or interest in and to the leased Premises shall not become an asset in any such proceedings and, in such event, and in addition to any and all other remedies of the Lessor hereunder or by law provided, it shall be lawful for the Lessor to declare the term hereof ended and to re-enter the leased land and take possession thereof and all improvements thereon and to remove all persons therefrom and the Lessee shall have no further claim thereon.

  • Notice of Bankruptcy Grantee shall notify in writing its assigned contract manager of its plan to seek bankruptcy protection within five days of such action by Xxxxxxx.

  • NOTICE OF BANKRUPTCY FILING If either Xxxxxx decides to claim any rights under the bankruptcy laws, that Xxxxxx must notify the other of this intention in writing at least ten (10) days before filing the petition. Such notice must include, but not necessarily be limited to, the name, address, and telephone number of the attorney, if any, representing the Spouse in that proceeding and the court in which the petition shall be filed.

  • Legal Action Notice A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

  • Bankruptcy Petition Each party hereto hereby covenants and agrees that prior to the date which is one year and one day after the payment in full of all outstanding commercial paper notes or other indebtedness of each Conduit Purchaser, it will not institute against or join any other Person in instituting against such Conduit Purchaser any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

  • Bankruptcy Proceedings The commencement of any proceedings by or against Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

  • Default Notice As soon as possible and in any event within two days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the chief financial officer of the Borrower setting forth details of such Default and the action that the Borrower has taken and proposes to take with respect thereto.

  • Notice of Insolvency Event Immediately upon the occurrence of an Insolvency Event or any event which with the giving of notice or the passage of time or both would be an Insolvency Event, the Purchaser and the Parent shall give written notice thereof to the Trustee and the Shareholders, which notice shall contain a brief statement of the right of the Shareholders with respect to the Insolvency Exchange Right.

  • Notice of IRS or TWC Insolvency Grantee will send notice to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx, their insolvency, incapacity or outstanding unpaid obligations to the Internal Revenue Service (IRS) or Texas Workforce Commission (TWC) within five (5) days of the date of becoming aware of such.

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