Bankruptcy or Judicial Composition Proceedings. As of the Closing Date, no bankruptcy or judicial composition proceedings concerning Purchaser or any subsidiary of Purchaser have been applied for and, to the Best Knowledge of Purchaser, no circumstances exist which would require the application for any bankruptcy or judicial composition proceedings under mandatory law and, to the Best Knowledge of Purchaser, no circumstances exist pursuant to any applicable bankruptcy laws which could justify the voidance of this Agreement or any of the Ancillary Agreements.
Bankruptcy or Judicial Composition Proceedings. As per the Signing Date and the Closing Date, (i) no bankruptcy or judicial composition proceedings concerning Seller or the Companies have or will have been applied for and (ii), to the Best Knowledge of Seller (as defined in Section 9.3 below), no circumstances exist or will exist prior to the Closing Date which would require the application for any bankruptcy or judicial composition proceedings concerning Seller or the Companies and (iii), to the Best Knowledge of Seller, no circumstances exist or will exist prior to the Closing Date pursuant to any applicable bankruptcy laws which could justify any action of voidance of this Agreement.
Bankruptcy or Judicial Composition Proceedings. As per the Closing Date no bankruptcy or judicial composition proceedings concerning any Company are pending or have been applied for nor, to the Best Knowledge of Seller, do any reasons exist that would require such proceedings. For the avoidance of doubt, the termination and settlement of any agreements between Seller and/or Seller’s Affiliates in connection with the transfer of the Shares from Seller and the SEAS Sellers to any Designated Transferees shall not be deemed to constitute a reason that would require such proceedings.
Bankruptcy or Judicial Composition Proceedings. No bankruptcy (falência), insolvency, moratorium or judicial or extrajudicial reorganization (recuperação judicial ou extrajudicial) have been applied for, proposed, filed against or entered into by any of Seller and/or the Companies and, to Seller’s and/or Companies’ Knowledge, no circumstances exist which would require the application for any such proceedings.
Bankruptcy or Judicial Composition Proceedings. As of the Closing 23 Date, no bankruptcy or judicial composition proceedings concerning Sellers or the Companies have been applied for, and to the Best Knowledge of Sellers no circumstances exist which would require the application for any bankruptcy or judicial composition proceedings and to the Best Knowledge of Sellers no circumstances exist pursuant to any applicable bankruptcy laws which could justify the avoidance of this Agreement.
Bankruptcy or Judicial Composition Proceedings. No bankruptcy, insolvency or judicial composition proceedings concerning any of the Main Sellers or the Companies have been applied for. No circumstances exist that would require the application for any bankruptcy, insolvency or judicial composition proceedings nor do any circumstances exist according to any applicable bankruptcy or insolvency laws which would justify the avoidance of this Agreement.
Bankruptcy or Judicial Composition Proceedings. No bankruptcy, insolvency or judicial composition proceedings have been initiated or applied for under any applicable law against the Seller and / or any of the Target Group Companies. To the Seller's Knowledge, there exist no circumstances which would justify the opening of such proceedings or the avoidance, challenge or rescission of this Agreement, whether under the German Insolvency Code or other similar legislation in other jurisdictions.
Bankruptcy or Judicial Composition Proceedings. No bankruptcy or judicial composition proceedings concerning Purchaser have been applied for (i) by the management of Purchaser, or (ii), to the knowledge of Purchaser, any third party, and, to the knowledge of Purchaser, no circumstances exist which would require the application for any bankruptcy or judicial composition proceedings concerning Purchaser or justify any action of voidance of this Agreement. DM_DE 16571412-54.121932.0011
Bankruptcy or Judicial Composition Proceedings. No bankruptcy or judicial composition proceedings concerning Sellers or the Companies have been applied for, and to Sellers' Best Knowledge (as defined in SECTION 6.3 below), no circumstances exist which would require the application for any bankruptcy or judicial composition proceedings and no circumstances exist pursuant to any applicable bankruptcy laws which could justify the nullification of this Agreement. To Sellers' Best Knowledge, no third party has instituted any insolvency proceedings against any member of the KCL Group. With regard to KCL, no illiquidity is threatened within the meaning of Section 18 of the German Insolvency Act.
Bankruptcy or Judicial Composition Proceedings. As of the Closing Date, no bankruptcy or judicial composition proceedings concerning the Sellers and/or HMT Holding and/or HMT have been applied for, no circumstances pursuant to Article 725 et seq. CO exist or circumstances which would require the application for any bankruptcy or judicial composition proceedings, and no circumstances exist pursuant to any applicable bankruptcy laws which could justify the voidance of this Agreement.
