Common use of Recordkeeping and Internal Controls Clause in Contracts

Recordkeeping and Internal Controls. 17. If the Recipient is a debtor as defined under 11 U.S.C. § 101(13), the Payroll Support funds, any claim or account receivable arising under this Agreement, and any segregated account holding funds received under this Agreement shall not constitute or become property of the estate under 11 U.S.C. § 541.

Appears in 28 contracts

Samples: 3 Agreement (Harbor Diversified, Inc.), Payroll Support (Alaska Air Group, Inc.), Program 3 Agreement (Jetblue Airways Corp)

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Recordkeeping and Internal Controls. 1714. If the Recipient is a debtor as defined under 11 U.S.C. § 101(13), the Payroll Support funds, any claim or account receivable arising under this Agreement, and any segregated account holding funds received under this Agreement shall not constitute or become property of the estate under 11 U.S.C. § 541.

Appears in 1 contract

Samples: Extension Agreement (Air Transport Services Group, Inc.)

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Recordkeeping and Internal Controls. 17. If the Recipient is a debtor as defined under 11 U.S.C. § 101(13), the Payroll Support funds, any claim or account receivable arising under this Agreement, and any segregated account ​ ​ holding funds received under this Agreement shall not constitute or become property of the estate under 11 U.S.C. § 541.

Appears in 1 contract

Samples: Skywest Inc

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