In bankruptcy, some regions will interpret it as an executory contract that can be rejected, while others will treat it as a debt to be paid out of the bankruptcy trust.
22.
The Ombudsman emphasized on its ruling suspending Puentevella that the earlier suspension order is " immediately effective and executory " and that " there is nothing vague or ambiguous with this wording ".
23.
Dainata said Caltex and another oil refiner, Petron Corp ., would have to wait until a Supreme Court ruling junking the oil deregulation law becomes " final and executory ."
24.
Other jurisdictions apply the " wait and see " or " cy-pr�s doctrine " that validates contingent remainders and executory interests that would be void under the traditional rule in certain circumstances.
25.
General bankruptcy principles hold that executory contracts are avoidable in practice, because neither party has fulfilled its part of the bargain and thus breach by either party only gives rise to expectation damages.
26.
With the exception of matters appertaining to the High Command, all orders of the King, to become valid and executory, must be countersigned by the Prime Minister and the competent Minister.
27.
A share, according to the plaintiff's argument, is a sum of money which is dealt with in a particular manner by what are called for the purpose of argument executory limitations.
28.
The basic commands are usually divided into two parts, the announcement that a command is to follow ( " Ank�ndigungskommando " ) and the executory command ( " Ausf�hrungskommando " ).
29.
Raphael said the authorizing legislation approved by the Legislature on Thursday relied on an executory clause _ common in government leases on privately owned buildings _ that allows a lease to be broken if there is financial hardship.
30.
Executory interests are subject to the rule against perpetuities, which disqualifies any interest that can vest more than twenty-one years after the death of every party who was living at the time the interest was created.
