Bankruptcy Receiver definition
Examples of Bankruptcy Receiver in a sentence
The Bankruptcy Receiver should pay Fuxin Hengrui the following scaled amount (the “Settlement Payment”), in exchange, Fuxin Hengrui should release any obligations or liabilities incurred to the Bankruptcy Receiver under the 2007 Leases.
In the case of Lessee’s insolvency or bankruptcy, or any assignment for the benefit of creditors or the appointment of a receiver for the Lessee, this Lease shall be immediately forfeited and shall be of no further force and effect, and the Trustee in Bankruptcy, Receiver, or Assignee for the benefit of creditors shall have no rights whatsoever in the Lease or in the demised Premises.