Bankruptcy Estate definition
Examples of Bankruptcy Estate in a sentence
Pursuant to and for the consideration set out in the Agreement, the Bankruptcy Estate hereby confirms that, with effect from the Effective Date, it has assigned and transferred to the Buyer, which the Buyer has accepted, the Patents, including, without limitation, the absolute right, titles and interests in and to the Patents, and in and to all and any inventions disclosed in the Patents.
Conway as Chapter 11 Trustee for the Bankruptcy Estate of ▇▇▇▇▇▇ ▇.
Each of the Borrower and the Lender acknowledges and confirms that all Additional Loans advanced hereunder shall constitute "Loans" and "Office Loans" for all purposes of the Amended Loan Agreement, and shall be obligations of the Borrower to the Lender, secured by the Collateral as described in Section 6 of the Amended Loan Agreement; provided that the Bankruptcy Estate of Richard H.
Recipient acknowledges that any disclosure of the Confidential Information will cause irreparable harm to the Bankruptcy Estate and the Trustee.
In the event that any of the Acquired Assets identified in this Agreement are sold to a third party by means of Court approved sale of assets free and clear of liens, eliminating value to NextWeb under this Agreement, NextWeb shall receive reasonable break-up fee as approved by the Court and to be paid from the Bankruptcy Estate or WWWN, as applicable, in the amount of Thirty Thousand Dollars ($30,000).