Insolvency, Liquidation. Neither the Company nor any of its Subsidiaries (other than Metapayment & Trust Co.) is subject to liquidation, dissolution, work-out, composition, reorganization or bankruptcy proceedings, is generally unable to pay its debts as they become due, has made a general assignment for the benefit of its creditors or has taken any action in furtherance of, or indicated its consent to or acquiescence in, any of the foregoing.
Insolvency, Liquidation. 12.4.1. The Borrower or the SPV (whether simultaneously or not) is unable to pay its debts or becomes unable to pay its debts as they fall due or suspends making payments (whether of principal or interest) with respect to all or any class of its debts.
Insolvency, Liquidation. Purchaser has not ceased payments of its debts or had an administrator or reorganizer appointed or is otherwise subject to, party to or otherwise affected by any action, request, decision or other measure under any law or statute relating to bankruptcy, receivership, liquidation or any event or procedure analogous thereto.
Insolvency, Liquidation. The liquidation, dissolution, or discontinuance of business by a Party in any manner or the filing of any petition by or against a Party under any federal or state bankruptcy or insolvency laws, which petition shall not be dismissed within 60 days after filing.
Insolvency, Liquidation. This Agreement will terminate immediately and without notice: (i) upon the issuance by any federal, state or local regulatory or administrative body of any administrative or regulatory sanction or penalty against the Fund, (ii) if a petition in bankruptcy is filed by or against the Fund, (iii) if the Fund has made an assignment for the benefit of creditors, (iv) if the Fund has voluntarily or involuntarily been adjudicated as bankrupt, (v) if a petition is filed for the reorganization of the Fund, or (vi) if the Trust or Fund is liquidated.
Insolvency, Liquidation. (a) As of the date hereof, no Relevant Company is insolvent, bankrupt, or generally unable to pay its debts as and when they fall due.
Insolvency, Liquidation. No insolvency proceedings are pending against CGES and no order has been made, proceeding issued, or resolution passed for the winding up of CGES, and no receiver or similar Person has been appointed (in an insolvency or liquidation situation) over the whole or any part of the assets, business or revenue of CGES, nor do circumstances exist which may lead to the same.
Insolvency, Liquidation. 17.1 If the Buyers become insolvent or are subject to a Receivership Order or, being a limited company, pass into liquidation, receivership or administration (except for the purpose of reconstruction or amalgamation) the contract shall thereupon determine without prejudice to the Sellers' right to payment of the price of delivered goods and any damage they might suffer in consequence of such determination, notwithstanding that such determination may have been implemented by the Sellers.
Insolvency, Liquidation. 10.1 If the Purchaser becomes insolvent or goes into liquidation or makes any composition with his creditors or if a receiver of any of his assets is appointed pursuant to an arrangement sanctioned in terms of the Companies Act, 2008, the Company shall be at liberty either:
