Dissolution or Split-Up Sample Clauses

Dissolution or Split-Up. Any order is entered in any proceeding against the Company or any of its Subsidiaries (i) which shall have contributed more than 15% of Consolidated Net Income during the immediately preceding fiscal year or (ii) the tangible assets of which shall have constituted more than 15% of Tangible Consolidated Assets of the Company as at the end of the immediately preceding fiscal year, decreeing the dissolution or split-up of the Company or such Subsidiary, and such order remains in effect for 60 days; or