No Solvency or Reorganization Proceedings. The Company is not insolvent and, to the knowledge of the Company, no proceedings have been taken or authorized by any of the Holders, the Company or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Company or with (other than pursuant to this Agreement) respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Company nor, to the knowledge of the Company, have any such proceedings been threatened by any other Person.
No Solvency or Reorganization Proceedings. The Purchaser is not insolvent and no proceedings have been taken or authorized by the Purchaser or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Purchaser or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Purchaser or its assets nor have any such proceedings been threatened by any other Person. No encumbrancer has taken possession of any of the Purchaser's assets and no execution or distress has become enforceable or levied upon any of the Purchaser's assets.
No Solvency or Reorganization Proceedings. The Vendor is not insolvent and no proceedings have been taken or authorized by the Vendor or by any other Person with respect to the bankruptcy of the Vendor nor have any such proceedings been threatened by any other Person.
No Solvency or Reorganization Proceedings. No proceedings have been taken or authorized by any Vendor, the Corporation or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Corporation or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to the Corporation nor, to the knowledge of any Vendor, have any such proceedings been threatened by any other Person.
No Solvency or Reorganization Proceedings. Neither the Corporation nor any of its Subsidiaries is insolvent and no proceedings have been taken or authorized by the Corporation or any of its Subsidiaries or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Corporation, or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Corporation or any of its Subsidiaries and to the knowledge of the Vendors no such proceedings have been threatened by any other Person. No events have occurred that would result in such proceedings being brought.
