Common use of Arrangements with Creditors Clause in Contracts

Arrangements with Creditors. Neither the Seller nor the Company has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.

Arrangements with Creditors. Neither the Seller nor the any Target Group Company has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.

Arrangements with Creditors. Neither the Seller nor the Company Buyer or any of its Material Subsidiaries has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.

Arrangements with Creditors. Neither the Seller Seller, the Seller’s Guarantor nor the Company any Substantial Target Entity has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.