Common use of No Insolvency Clause in Contracts

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 (Insolvency proceedings) or creditors’ process described in clause 31.11 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor and none of the circumstances described in clause 31.8 (Insolvency) applies to any Facility Obligor.

Appears in 3 contracts

Samples: Agreement (Hoegh LNG Partners LP), www.lw.com, Hoegh LNG Partners LP

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No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.10 (Insolvency proceedings) or creditors’ process described in clause 31.11 30.11 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 30.9 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 3 contracts

Samples: Facilities Agreement (Navigator Holdings Ltd.), Facility Agreement (Quintana Shipping Ltd.), Navigator Holdings Ltd.

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 27.7 (Insolvency proceedings) or creditors’ process described in clause 31.11 27.8 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 27.6 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 31.10 (Insolvency proceedings) or creditors’ process described in clause 31.11 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 31.9 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.9 (Insolvency proceedings) or creditors’ process described in clause 31.11 30.10 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 30.8 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.9 (Insolvency proceedings) or creditors' process described in clause 31.11 30.10 (Creditors' process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 30.8 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 2 contracts

Samples: Agreement (Danaos Corp), reportify-1252068037.cos.ap-beijing.myqcloud.com

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 29.11 (Insolvency proceedings) or creditors’ process described in clause 31.11 29.12 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 29.10 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.9 (Insolvency proceedings) or creditors' process described in clause 31.11 30.10 (Creditors' process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility an Obligor and none of the circumstances described in clause 31.8 30.8 (Insolvency) applies to any Facility Obligor.

Appears in 1 contract

Samples: DryShips Inc.

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No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 18.8 (Insolvency proceedings) or creditors' process described in clause 31.11 18.9 (Creditors' process) has been taken orhas, to the knowledge of any Facility Obligor, been taken or threatened in relation to any Facility Obligor and none of the circumstances described in clause 31.8 18.7 (Insolvency) applies to any Facility ObligorObligor or any Transaction Document to which it is, or is to be, party.

Appears in 1 contract

Samples: Confidential   Execution (Golar LNG LTD)

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 31.10 (Insolvency proceedings) or creditors' process described in clause 31.11 (Creditors' process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 31.9 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.10 (Insolvency proceedings) or creditors' process described in clause 31.11 30.11 (Creditors' process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 30.9 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 1 contract

Samples: Agreement (Navigator Holdings Ltd.)

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 30.9 (Insolvency proceedings) or creditors’ process described in clause 31.11 30.10 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligor, threatened in relation to any Facility Obligor a Group Member and none of the circumstances described in clause 31.8 30.8 (Insolvency) applies to any Facility ObligorGroup Member.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

No Insolvency. No corporate action, legal proceeding or other procedure or step described in clause 31.9 Clause 23.7 (Insolvency proceedings) or creditors’ process described in clause 31.11 (Creditors’ process) has been taken or, to the knowledge of any Facility Obligorits knowledge, threatened in relation to any Facility Obligor or any Material Company and none of the circumstances described in clause 31.8 Clause 23.6 (Insolvency) applies to any Facility ObligorObligor or any Material Company.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

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