Federal Bankruptcy Act definition

Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.
Federal Bankruptcy Act has the meaning specified in Section 5.01(5).
Federal Bankruptcy Act means the Bankruptcy Code of 1978, as amended, or Title 11 of the United States Code.

Examples of Federal Bankruptcy Act in a sentence

  • Should the Contractor cease conducting business, become insolvent, make a general assignment for the benefit of creditors, suffer or permit the appointment of a receiver for its business or assets, or shall avail itself of, or become subject to any proceeding under the Federal Bankruptcy Act or any other statute of any state relating to insolvency or protection of the rights of creditors, then at the option of the Department, this Contract shall terminate and be of no further force and effect.

  • Notwithstanding the foregoing provisions, this Contract may not be terminated or modified where a trustee-in-bankruptcy has assumed the Contract pursuant to 11 U.S.C. section 365 (Federal Bankruptcy Act).

  • Contractor shall immediately notify County in the event that Contractor ceases conducting business in the normal manner, becomes insolvent, makes a general assignment for the benefit of creditors, suffer or permits the appointment of a receiver for its business or assets, or avails itself of, or becomes subject to, any proceeding under the Federal Bankruptcy Act or any other statute of any state relating to insolvency or protection of the rights of creditors.

  • Transfers made to effect a plan of reorganization or adjustment (i) confirmed under the Federal Bankruptcy Act, (ii) approved in certain equity receivership proceedings or (iii) whereby a mere change in identity, form or place of organization is effected.

  • The obligations of the issuer to pay the principal of and interest on a Municipal Security are subject to the provisions of bankruptcy, insolvency and other laws affecting the rights and remedies of creditors, such as the Federal Bankruptcy Act, and laws, if any, that may be enacted by Congress or state legislatures extending the time for payment of principal or interest or imposing other constraints upon the enforcement of such obligations.


More Definitions of Federal Bankruptcy Act

Federal Bankruptcy Act has the meaning specified in Section 5.0 1(5).
Federal Bankruptcy Act means the Bankruptcy Act or Title II of the United States Code.
Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code. ARTICLE EIGHT
Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code. ARTICLE EIGHT HOLDERS' LISTS AND REPORTS BY TRUSTEE AND ISSUER
Federal Bankruptcy Act means Title I of the Bankruptcy Reform Act of 1978, as amended, and codified at Title 11 of the United States Code and the Federal Rules of Bankruptcy Procedure as in effect as of the date hereof or as hereafter amended.
Federal Bankruptcy Act means Title 11 of the United States Code.
Federal Bankruptcy Act means Title 11 of the United States Code, 11 U.S.C. 'SS''SS' 101 et seq.