Definition of Insolvency Event. For the purposes of clause 13.3 an Insolvency Event occurs in relation to a person or entity (the Relevant Person) if any of the following occurs:
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Definition of Insolvency Event. 16.1 For the purposes purpose of this clause 13.3 an 16: Insolvency Event occurs Event, in relation to a person, means anything that reasonably indicates that there is a significant risk that that person is or entity (the Relevant Person) if will become unable to pay its debts as they become due. This includes any of the following occursfollowing:
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Samples: Investment Management Agreement (Manager Directed Portfolios), Litman Gregory Funds Trust