Absence of Insolvency Proceedings. As of the Closing Date, neither the Parent nor any of its Subsidiaries has instituted or consented to the institution of any proceeding under any Debtor Relief Law, and no proceeding under any Debtor Relief Law relating to it or to all or any material part of its property has been instituted without its consent.
Appears in 5 contracts
Samples: Term Loan Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc)