Federal Bankruptcy Act definition

Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

Federal Bankruptcy Act has the meaning specified in Section 5.01(5).

Federal Bankruptcy Act means the Bankruptcy Code or Title 11 of the United States Code.

Examples of Federal Bankruptcy Act in a sentence

• Contractor shall immediately notify County in the event that Contractor ceases conducting business in the normal manner, becomes insolvent, makes a general assignment for the benefit of creditors, suffer or permits the appointment of a receiver for its business or assets, or avails itself of, or becomes subject to, any proceeding under the Federal Bankruptcy Act or any other statute of any state relating to insolvency or protection of the rights of creditors.

• As used in this paragraph, with respect to any claim, the term "dividends" shall include any distribution with respect to such claim, in bankruptcy or receivership or proceedings for reorganization pursuant to the Federal Bankruptcy Act or applicable State law, whether such distribution is made in cash, securities or other property, but shall not include any such distribution with respect to the secured portion, if any, of such claim.

• As used in this paragraph, with respect to any claim, the term "dividends" shall include any distribution with respect to such claim, in bankruptcy or receivership or proceedings for reorganization pursuant to the Federal Bankruptcy Act or applicable State law, whether such distribution is made in cash, securities, or other property, but shall not include any such distribution with respect to the secured portion, if any, of such claim.

• CONTRACTOR shall immediately notify COUNTY in the event that CONTRACTOR ceases conducting business in the normal manner, becomes insolvent, makes a general assignment for the benefit of creditors, suffers or permits the appointment of a receiver for its business or assets, or avails itself of, or becomes subject to, any proceeding under the Federal Bankruptcy Act or any other statute of any state relating to insolvency or protection of the rights of creditors.

• Notwithstanding the foregoing provisions, this contract may not be terminated or modified where a trustee-in-bankruptcy has assumed the contract pursuant to 11 U.S.C. sections 365 (Federal Bankruptcy Act).

More Definitions of Federal Bankruptcy Act

Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code. ARTICLE EIGHT HOLDERS' LISTS AND REPORTS BY TRUSTEE AND ISSUER

Federal Bankruptcy Act means Title I of the Bankruptcy Reform Act of 1978, as amended, and codified at Title 11 of the United States Code and the Federal Rules of Bankruptcy Procedure as in effect as of the date hereof or as hereafter amended.

Federal Bankruptcy Act means Title 11 of the United States Code.

Federal Bankruptcy Act has the meaning specified in Section 6.13.

Federal Bankruptcy Act means Title 11 of the United States Code, 11 U.S.C. 'SS''SS' 101 et seq.

Federal Bankruptcy Act means the Bankruptcy Reform Act of 1978 and any amendments thereto, or any law substituted therefor.

Federal Bankruptcy Act means Title 11 of the United States Code, as amended. "Financial Net Income" means the net profit or net income as determined pursuant to US Generally Accepted Accounting Principles ("GAAP"), and, subject to GAAP, the accounting principles employed by Generex Biotechnology Corporation ("Generex") in preparing consolidated financial statements using accounting standards for publicly traded companies. Generex's auditors shall audit the Company's financial statements and make final decisions on the application of accounting principles. The expenses of the Company for this purpose shall include the fully burdened expenses incurred by the Members for the benefit of the Company.