Common use of Bankruptcy Protection (Article 34, New Section) Clause in Contracts

Bankruptcy Protection (Article 34, New Section). If the Employer files a Chapter 7 or Chapter 11 bankruptcy petition or is placed in involuntary bankruptcy proceedings, the Employer agrees not to file any documents or motions under Sections 1113 or 1114 of the Bankruptcy Code without the approval of TNFINC.

Appears in 4 contracts

Samples: National Master Freight Agreement (YRC Worldwide Inc.), National Master Freight Agreement, National Master Freight Agreement

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