Common use of FINANCIAL ACCOMMODATION Clause in Contracts

FINANCIAL ACCOMMODATION. Customer acknowledges that this Agreement is an agreementto provide a “financial accommodation” as that term is defined in U.S. bankruptcy laws and, as a result, that neither Customer nor any bankruptcy trustee (including Customer when acting as a debtor- in- possession) have the ability to assume or reject this Agreement as an executory contract.

FINANCIAL ACCOMMODATION. Customer acknowledges that this Agreement is an agreementto agreement to provide a “financial accommodation” as that term is defined in U.S. federal bankruptcy laws and, as a result, that neither Customer nor any bankruptcy trustee (including Customer when acting as a debtor- in- debtor-in-possession) have has the ability to assume or reject this Agreement as an executory contract.

FINANCIAL ACCOMMODATION. Customer acknowledges that this Agreement is an agreementto agreement to provide a “financial accommodation” as that term is defined in U.S. federal bankruptcy laws and, as a result, that neither Customer nor any bankruptcy trustee (including Customer when acting as a debtor- in- debtor-in-possession) have the ability to assume or reject this Agreement as an executory contract.