Common use of Bankruptcy; Insolvency Clause in Contracts

Bankruptcy; Insolvency. no steps have been taken by the Vendor nor have any legal proceedings been started or threatened for its bankruptcy, winding up or insolvency or for the appointment of a receiver, trustee or similar officer of any of its assets, or any other similar action.

Appears in 31 contracts

Samples: Sale and Purchase Agreement, Sale and Purchase Agreement, Sale and Purchase Agreement

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Bankruptcy; Insolvency. no steps have been taken by the Vendor nor have any legal proceedings been started or threatened for its bankruptcy, winding up or insolvency or for the appointment of a receiver, trustee or similar officer of any of its assets, or any other similar action.

Appears in 12 contracts

Samples: Sale and Purchase Agreement, Sale and Purchase Agreement, Sale and Purchase Agreement

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Bankruptcy; Insolvency. no steps have been taken by the Vendor nor have any legal proceedings been started or threatened against the Vendor for its bankruptcy, winding up or insolvency or for the appointment of a receiver, trustee or similar officer of any of its assets, or any other similar action.

Appears in 7 contracts

Samples: Intellectual Property Sale and Purchase Agreement (Bonanza Goldfields Corp.), Intellectual Property Sale and Purchase Agreement, Intellectual Property Sale and Purchase Agreement

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