Bankruptcy Definition Example with 6 Variations

This page contains an example definition of Bankruptcy, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Bankruptcy. Shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee or any Permitted Transferee, or (ii) the Optionee or any Permitted Transferee being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest with respect to the Optionee's or such Permitted Transferee's assets,... which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee or any Permitted Transferee being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), except by reason of death. View More Arrow
Found in WII Components, Inc. contract

Variations

Bankruptcy. Shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee Grantee or any Permitted Transferee, or (ii) the Optionee Grantee or any Permitted Transferee being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest with respect to the Optionee's Grantee's or such the... Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee Grantee or any Permitted Transferee being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), except by reason of death. View More Arrow
Found in 3 Contracts from Animal Health International, Inc.
Bankruptcy. Shall shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee Grantee or any Permitted Transferee, 1 as the case may be, or (ii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable... interest with respect to the Optionee's Grantee's or such the Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), law, except by reason of death. View More Arrow
Found in Open Link Financial, Inc. contract
Bankruptcy. Shall shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee Grantee or any Permitted Transferee, 1 as the case may be, or (ii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable... interest with respect to the Optionee's Grantee's or such the Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), law, except by reason of death. View More Arrow
Found in Open Link Financial, Inc. contract
Bankruptcy. Shall shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee or any Permitted Transferee, as the case may be, or (ii) the Optionee or any Permitted Transferee Transferee, as the case may be, being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest with respect to... the Optionee's or such Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee or any Permitted Transferee Transferee, as the case may be, being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), except by reason of death. View More Arrow
Found in Open Link Financial, Inc. contract
Bankruptcy. Shall shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee or any Permitted Transferee, as the case may be, or (ii) the Optionee or any Permitted Transferee Transferee, as the case may be, being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest with respect to... the Optionee's or such Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee or any Permitted Transferee Transferee, as the case may be, being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), except by reason of death. View More Arrow
Found in Open Link Financial, Inc. contract
Bankruptcy. Shall shall mean (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Optionee Grantee or any Permitted Transferee, as the case may be, or (ii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest... with respect to the Optionee's Grantee's or such the Permitted Transferee's assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Optionee Grantee or any Permitted Transferee Transferee, as the case may be, being subject to a transfer of the Stock Option or the Issued Shares by operation of law (including by divorce, even if not insolvent), law, except by reason of death. View More Arrow
Found in Open Link Financial, Inc. contract
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