Creditor's Arrangements Sample Clauses

Creditor's Arrangements. An Obligor agrees to any kind of composition, rescheduling, scheme, compromise or arrangement involving that Obligor and its creditors generally (or any class of them) as a result of financial difficulties.
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Creditor's Arrangements. BPO has not made any assignment for the benefit of creditors nor has any involuntary or voluntary petition in bankruptcy been filed by or against BPO.
Creditor's Arrangements. The Seller has not made any assignment for the benefit of creditors nor has any involuntary or voluntary petition in bankruptcy been filed by or against the Seller.
Creditor's Arrangements. Mediatech has not made any assignment for the benefit of creditors, nor has any involuntary or voluntary petition in bankruptcy been filed by or against Mediatech.
Creditor's Arrangements. The Acquiror has not made any assignment for the benefit of creditors, nor has any involuntary or voluntary petition in bankruptcy been filed by or against the Acquiror.
Creditor's Arrangements. HVI has not made any assignment for the benefit of creditors, nor has any involuntary or voluntary petition in bankruptcy been filed by or against HVI.
Creditor's Arrangements. Petro is currently subject to supervision in Bankruptcy Court and will no later than June 16, 1997 file a Plan of Reorganization.
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Creditor's Arrangements. Seller has no arrangement with creditors not made in the ordinary course of business except as disclosed in writing to Buyer, nor has an involuntary or voluntary petition in bankruptcy been filed by or against Seller.
Creditor's Arrangements. TouchSource has not made any assignment for the benefit of creditors, nor has any involuntary or voluntary petition in bankruptcy been filed by or against TouchSource.
Creditor's Arrangements. Navidec has not made any assignment for the benefit of creditors, nor has any involuntary or voluntary petition in bankruptcy been filed by or against Navidec.
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