Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or threatened against such Seller.
Appears in 2 contracts
Samples: Share Purchase Agreement (Security First Technologies Corp), Share Purchase Agreement (Security First Technologies Corp)
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to Buyer's knowledge threatened against such Selleragainst, Buyer.
Appears in 1 contract
Samples: Stock Purchase and Sale Agreement (Benton Oil & Gas Co)
Absence of Bankruptcy Proceedings. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or threatened against such Sellerthe Company, its Subsidiaries, Target Company, or Target Subsidiaries.
Appears in 1 contract
Samples: Securities Purchase Agreement (Commerce Security Bancorp Inc)