Examples of Bankrupt in a sentence
A Party or its Credit Support Provider, if any, is or becomes Bankrupt.
The Streamlined States, and each of them, shall have the full rights to defend, pay or settle any and all claims resulting from actions against a Bankrupt Seller on their behalf without notice to the Contractor and with full rights to recourse against a Bankrupt Seller for all fees, costs, expenses and payments made or agreed to be paid to discharge said claim(s).
The only amounts of money or other forms of consideration that are excluded from the all-encompassing concept of “Gross Revenues” are taxes imposed by law which are separately stated to and paid by a customer and directly payable by the Permittee to a taxing authority, and revenues from Bankrupt Airlines to the extent set forth in D.2 below, provided Permittee complies with the reporting obligation set forth in D.2 below.
Bankrupt Accounts Past due accounts that have filed bankruptcy will not be allowed to re-enroll in Express.
In the event that Guarantor becomes Bankrupt, but Buyer does not declare an Early Termination Date, the bankruptcy shall not extinguish the Parties’ obligations under this Agreement.