Common use of No Insolvency Clause in Contracts

No Insolvency. No order has been made and no resolution has been passed for the winding up or liquidation or dissolution of any Group Member or Cord Blood Bank. No distress, execution or other process has been levied on the whole or a substantial part of the assets of any Group Member. No Group Member is insolvent or unable to pay its debts as they fall due.

Appears in 4 contracts

Samples: Waiver and Consent (KKR & Co. L.P.), Convertible Note Purchase Agreement (China Cord Blood Corp), Convertible Note Purchase Agreement (KKR & Co. L.P.)

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No Insolvency. No order has been made and no resolution has been passed for the winding up or liquidation or dissolution of any Group Member or Cord Blood Bankto the best of knowledge of the Issuer Parties, Partner. No distress, execution or other process has been levied on the whole or a substantial part of the assets of any Group Member. No Group Member is insolvent or unable to pay its debts as they fall due.

Appears in 2 contracts

Samples: Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)

No Insolvency. No order has been made and no resolution has been passed for the winding up or liquidation or dissolution of any Group Member or Cord Blood BankMember. No distress, execution or other process has been levied on the whole or a substantial part of the assets of any Group Member. No Group Member is insolvent or unable to pay its debts as they fall due.

Appears in 2 contracts

Samples: Securities Purchase Agreement (China XD Plastics Co LTD), Securities Purchase Agreement (Yongye International, Inc.)

No Insolvency. No order has been made and no resolution has been passed for the winding up or liquidation or dissolution of any Group Member or Cord Blood Bank. No distress, execution or other process has been levied on the whole or a substantial part of the assets of any Group Member. No Group Member is insolvent or unable to pay its debts as they fall due.

Appears in 1 contract

Samples: Share Purchase Agreement (China Cord Blood Corp)

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No Insolvency. No order has been made and no resolution has been passed for the winding up or liquidation or dissolution of any Group Target Member or Cord Blood Bank. No distress, execution or other process has been levied on the whole or a substantial part of the assets of any Group Target Member. No Group Target Member is insolvent or unable to pay its debts as they fall due.

Appears in 1 contract

Samples: Note Subscription Agreement (Golden Meditech Holdings LTD)

No Insolvency. No order has been made and no resolution has been passed for the winding up or up, liquidation or dissolution of any Group Member or Cord Blood BankMember. No distress, execution or other process has been levied on the whole or a substantial any part of the assets of any Group Member. No Group Member is insolvent or unable to pay its debts as they fall due. Each Group Member is able to pay its debts as they fall due and has sufficient assets to repay all of its debts.

Appears in 1 contract

Samples: Subscription Agreement (JinkoSolar Holding Co., Ltd.)

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