Absence of Bankruptcy Proceedings Sample Clauses

Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to the knowledge of the Company, threatened against, the Company or any of is Subsidiaries.
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Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or threatened against such Seller.
Absence of Bankruptcy Proceedings. (a) The Company is capable of honoring its payment obligations on the respective due date and is not insolvent;
Absence of Bankruptcy Proceedings. No proceeding shall have been instituted or consented to by or against the Company seeking to adjudicate it bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, custodian or other similar official for it or any substantial part of its property (each such action being a "Bankruptcy Proceeding"), and the Company shall not have taken any corporate action to authorize any Bankruptcy Proceeding.
Absence of Bankruptcy Proceedings. No proceeding shall have been instituted against Buyer, the Companies or the Shareholder seeking to adjudicate any of them as bankrupt or insolvent, or seeking liquidation, winding-up, reorganization, arrangement, adjustment, protection, relief, or composition of their debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, custodian or other similar official for Buyer, the Companies or the Shareholder or any substantial part of their respective properties (each such action being a "Bankruptcy Proceeding") and neither Buyer nor the Sellers shall have taken any corporate action to authorize any Bankruptcy Proceeding.
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to the knowledge of MMC or NMS, threatened against, MMC or NMS.
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by or, to the knowledge of Harken, threatened against Harken or any of its subsidiaries that are named in the audited financial statements contained in Harken's SEC Filings.
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Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to the Knowledge of each Freeport Entity, threatened against, any Freeport Entity.
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to Xxxxxx'x and/or Xxxxxx Senegal's knowledge threatened against either of them.
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by or, to the knowledge of Owner, threatened against Owner or Harken Colombia.
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