Common use of Bankruptcy and Indebtedness Clause in Contracts

Bankruptcy and Indebtedness. The Company has not taken any steps to seek protection pursuant to any Law or statute relating to bankruptcy, insolvency, reorganization, receivership, liquidation or winding up, nor does the Company have any Knowledge or reason to believe that any of its respective creditors intend to initiate involuntary bankruptcy proceedings or any actual knowledge of any fact which would reasonably lead a creditor to do so.

Appears in 4 contracts

Samples: Acquisition Agreement (SMC Entertainment, Inc.), Acquisition Agreement (SMC Entertainment, Inc.), Acquisition Agreement (SMC Entertainment, Inc.)

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Bankruptcy and Indebtedness. The Company has not taken any steps to seek protection pursuant to any Law or statute relating to bankruptcy, insolvency, reorganization, receivership, liquidation or winding up, nor does the Company have any Knowledge or reason to believe that any of its respective creditors intend to initiate involuntary bankruptcy proceedings or any actual knowledge of any fact which would reasonably lead a creditor to do so.

Appears in 2 contracts

Samples: Share Exchange Agreement (Yuenglings Ice Cream Corp), Share Exchange Agreement (Yuenglings Ice Cream Corp)

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