How to Use executory in a Sentence

executory

adjective

• By contrast, with a non-executory contract, nothing remains to be performed to receive the benefit.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• Some operating agreements are executory and some are non-executory.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• Because nothing remains to be performed, non-executory contracts do not need to be accepted or rejected but simply become part of the bankruptcy estate.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• Thus, the operating agreements of the Subject LLCs were in the nature of executory contracts.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• Pearce also sought a declaratory judgment that the operating agreements of the Subject LLCs were executory, and the Court next took up that issue.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• Bankruptcy law, at § 365, essentially gives the trustee of the bankruptcy estate the right to either accept an executory contract (meaning that the trustee will have to render performance to get the benefit) or can reject the contract and forfeit the benefit.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025
• For planners, the determination of whether an executory operating agreement is desirable in comparison to a non-executory operating agreement requires thinking through several possible outcomes should a member land in bankruptcy.
  — Jay Adkisson, Forbes.com, 17 Sep. 2025