Common use of Bankruptcy Filing Clause in Contracts

Bankruptcy Filing. Seller shall be operating the Business and managing their property as debtors-in-possession pursuant to Sections 1107(a) and 1108 of the Bankruptcy Case shall not have been dismissed or converted to Chapter 7 of the Bankruptcy Code and no trustee or examiner with expanded powers shall have been appointed.

Appears in 3 contracts

Samples: Asset Purchase Agreement by and Between (Cancer Genetics, Inc), Asset Purchase Agreement by and Between (Response Genetics Inc), Asset Purchase Agreement by And (Cancer Genetics, Inc)

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Bankruptcy Filing. Seller shall be operating the Business and managing their property as debtors-in-possession pursuant to Sections 1107(a) and 1108 of the Bankruptcy Case shall not have been dismissed or converted to Chapter 7 of the Bankruptcy Code and no trustee or examiner with expanded powers shall have been appointed.. 5.5 Bid

Appears in 1 contract

Samples: Asset Purchase Agreement by And

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