Common use of No Bankruptcy or Insolvency Clause in Contracts

No Bankruptcy or Insolvency. It is not bankrupt or insolvent and there are no proceedings pending or being contemplated by it or, to its knowledge, threatened against it which would result in being or becoming bankrupt or insolvent.

No Bankruptcy or Insolvency. It is not neither bankrupt or insolvent nor Insolvent, and there are no proceedings pending or being contemplated by it orit, and/or to its knowledge, threatened against it it, which would result in it being or becoming bankrupt or insolvent.Insolvent;