Mutually Exclusive with Bankruptcy Sample Clauses

Mutually Exclusive with Bankruptcy. Though debt agreements are regulated by the Bankruptcy Act, a debtor who enters a debt agreement does not become bankrupt. This is important for some debtors. Debt agreements and bankruptcy are mutually exclusive alternatives. A person who is bankrupt cannot enter a debt agreement (s. 185 C (4) ), and a person who is a debtor in a debt agreement cannot petition in their bankruptcy without permission from the Federal Court or the Federal Circuit Court of Australia (s. 55 (5A) ). Breaching these provisions is an offence, for which a person can be prosecuted. (s.267).
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Related to Mutually Exclusive with Bankruptcy

  • Notice of IRS or TWC Insolvency Grantee will send notice to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx, their insolvency, incapacity or outstanding unpaid obligations to the Internal Revenue Service (IRS) or Texas Workforce Commission (TWC) within five (5) days of the date of becoming aware of such.

  • Non-Exclusive Arrangement Nothing contained in these Terms shall be construed as conferring or granting an exclusive right or obligation upon either party to purchase or sell products or services under these terms. 21. FORCE MAJEURE Neither party shall be liable to the other for any delay or inability to perform its obligations under these terms or otherwise if such delay or inability arises from any act of God, fire, natural disaster, act of government, or any other cause beyond the reasonable control of such party which could not be avoided by the exercise of due care. 22. NOTICES Whenever notice is to be given by any party to the other party under these terms, such notice shall be made by any one of the following methods; personally; by overnight courier service from which proof of delivery can be obtained; via next day business delivery, delivery charges prepaid; or by registered or certified mail, return-receipt requested. Notices shall be deemed received (a) if personally delivered or via overnight courier, upon derecho exclusivo u obligación en ninguna de las partes para comprar o vender productos o servicios bajo estos términos. 21. FUERZA MAYOR Ninguna de las partes será responsable por la otra por ningún retraso o incapacidad para cumplir sus obligaciones bajo estos términos o, por otra parte, si dicho retraso o incapacidad surge por actos de Dios, fuego, desastre natural, actos del gobierno, o cualquier otra causa más allá del control razonable que dicha parte que no pudo xxxxx sido evitado mediante el ejercicio del debido cuidado. 22. NOTIFICACIONES Cuando deba realizarse una notificación de una de las partes a la otra parte bajo estos términos, dicha notificación xxxxxx ser realizada por alguno de los siguientes métodos; personalmente; por mensajería rápida mediante la cual se pueda obtener pruebas de la entrega; por envío el siguiente día hábil, pre- pagando los gastos de envío; o por correo registrado o certificado, solicitando el acuso de recibo. Las notificaciones se entenderán recibidas (a) si enviadas personalmente o vía mensajería rápida, al día de envío a la dirección de la persona que debe recibir dicha notificación si la misma es entregada antes de las 5:00 p.m., de lo contrario durante el siguiente día hábil luego del envío a la parte a quien se dirige la notificación; (b) si enviado por correo, dos (2) xxxx hábiles luego de depositadas en el correo regular. Cualquier parte puede cambiar su dirección y otra información de notificación avisando a la otra parte por escrito de dicho cambio conforme a lo dispuesto en esta sección. Mientras tanto, todas las notificaciones serán enviadas a las direcciones definidas en la OC. 23. INSPECCIONES Alorica tendrá derecho en cualquier momento, y por el periodo de un (1) año luego de la terminación, a inspeccionar y obtener, bajo su propia cuenta, copias de todas las licencias escritas, permisos, aprobaciones o cualquier otro documento emitido por cualquier entidad gubernamental o agencia al Proveedor o sus

  • Agreement Made in California; Venue The formation, interpretation and performance of this Agreement shall be governed by the laws of the State of California. Venue for all litigation relative to the formation, interpretation and performance of this Agreement shall be in San Francisco.

  • Notice of Bankruptcy Grantee shall notify in writing its assigned contract manager of its plan to seek bankruptcy protection within five days of such action by Xxxxxxx.

  • Termination for Bankruptcy In the event that either Party files for protection under bankruptcy laws, makes an assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not discharged within sixty (60) days of the filing thereof, then the other Party may terminate this Agreement effective immediately upon written notice to such Party.

  • Non-Exclusive Agreement The services of the Adviser to the Fund under this Agreement are not to be deemed exclusive, and the Adviser shall be free to render similar services or other services to others so long as its services hereunder are not impaired thereby.

  • Exclusive Procedure The grievance procedure set out above shall be exclusive and shall replace any other grievance procedure for adjustment of any disputes arising from the application and interpretation of this Agreement.

  • Transfer upon Bankruptcy (1) You may transfer escrow securities within escrow to a trustee in bankruptcy or another person or company entitled to escrow securities on bankruptcy.

  • NONEXCLUSIVE AGREEMENT This is not an exclusive agreement. Apple is free to engage others to perform Services or provide Goods the same as or similar to Seller's. Seller is free to, and is encouraged to, advertise, offer, and provide Seller's Services and/or Goods to others; provided however, that Seller does not breach this Agreement.

  • Non-Exclusive Use i. Lessor hereby grants Lessee the non-exclusive use of the Airport (together with all Improvements, runways, ramps, conveniences and appurtenances thereunto) in common with Lessor and other present and future lessees of Lessor, except such Improvements specifically leased herein and as may be leased by Lessor to other lessees presently or in the future.

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