Examlex
In Chapter 11 proceedings, a debtor is allowed to continue in business.
Notice of Breach
A formal notification given to a party indicating that they have failed to fulfill their contractual obligations.
Grade A
A classification denoting the highest quality or excellence in a certain category.
Grade B
Refers to a quality or classification of a product, often seen in agricultural products, suggesting it meets specified standards but is below the highest quality.
Nonconformity
A failure to meet agreed standards or specifications, deviating from a norm or standard.
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