Bankruptcy Code definition
Examples of Bankruptcy Code in a sentence
Each such Conveyance referred to in the preceding sentence shall not have been made for or on account of an antecedent debt owed by it to the Purchaser and, accordingly, no such sale is or may be voidable or subject to avoidance under the Bankruptcy Code and the rules and regulations thereunder.
This subordination agreement shall be deemed a subordination agreement within the meaning of Section 510(a) of the Bankruptcy Code.
Each Seller represents and warrants that the Transferred Assets are being transferred with the intention of removing them from Seller’s estate pursuant to Section 541 of the Bankruptcy Code.
Borrower shall cause Mortgage Borrower to object to any such attempt by the Fee Owner, as debtor in possession or by a trustee for the Fee Owner, to sell or transfer the Fee Estate free and clear of the Ground Lease under Section 363(f) of the Bankruptcy Code or otherwise, and in such event shall affirmatively assert and pursue its right to adequate protection under Section 363(e) of the Bankruptcy Code.
The Parties agree that nothing in this Agreement shall be construed to render the obligations “non-dischargeable” as a categorical matter; the Parties shall retain all rights and defenses available under the United States Bankruptcy Code, and any applicable determinations shall be made by a court of competent jurisdiction.