Compositions. any corporate action, legal proceedings or other procedures or steps are taken, or negotiations commenced prior to Delivery, by the Builder or the Refund Guarantor or by any of its creditors with a view to the general readjustment or rescheduling of all or a material part of its indebtedness or to proposing any kind of composition, compromise or arrangement involving such company and any of its creditors; or
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
