U.S. Bankruptcy Code definition

U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.
U.S. Bankruptcy Code means title 11 of the United States Code.
U.S. Bankruptcy Code means the United States Bankruptcy Code, 11 U.S.C. Sections 101, et seq., as amended or supplemented from time to time.

Examples of U.S. Bankruptcy Code in a sentence

  • In the event that the Contractor files a petition under the U.S. Bankruptcy Code during the term of this Centralized Contract, Authorized Users may, at their discretion, make application to exercise its right to set-off against monies due the Debtor or, under the Doctrine of Recoupment, credit the Authorized User the amounts owed by the Contractor arising out of the same transactions.

  • In this decision, the court held that not all priority of payment provisions would be unenforceable ipso facto clauses under the U.S. Bankruptcy Code.

  • When CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding.

  • The System Agency’s right to terminate the Contract for convenience is cumulative of all rights and remedies which exist now or in the future.8.3 TERMINATION FOR CAUSEExcept as otherwise provided by the U.S. Bankruptcy Code, or any successor law, the System Agency may terminate the Contract, in whole or in part, upon either of the following conditions: i.

  • The termination will be effective on the date specified in the System Agency’s notice of termination.‌9.3 Termination for CauseExcept as otherwise provided by the U.S. Bankruptcy Code, or any successor law, the System Agency may terminate the Contract, in whole or in part, upon either of the following conditions:i.


More Definitions of U.S. Bankruptcy Code

U.S. Bankruptcy Code means title 11 of the United States Code;
U.S. Bankruptcy Code means Title 11 of the United States Code entitled “Bankruptcy,” as now and hereafter in effect, any successor statute.
U.S. Bankruptcy Code means the Bankruptcy Reform Act of 1978, 11 USC. §§ 101 et seq., as amended, or any successor thereto;
U.S. Bankruptcy Code means Title 11 of the United States Code entitled “Bankruptcy”, as amended from time to time, and any successor statute or statutes and all rules and regulations from time to time promulgated thereunder.
U.S. Bankruptcy Code means Title 11 of The United States Code (entitled “Bankruptcy”), as amended from time to time and as now or hereafter in effect, or any successor thereto.
U.S. Bankruptcy Code means Title 11 of the United States Code or any similar federal or state law for the relief of debtors.
U.S. Bankruptcy Code means Title 11 of the United States Code (11 U.S.C. §101 et seq.).