Common use of No Solvency or Reorganization Proceedings Clause in Contracts

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 Purchaser Neither the Principal nor the Vendor is not insolvent and no proceedings have been taken or authorized by the Purchaser Principal or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Purchaser Vendor or the Principal, as applicable, or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Purchaser Vendor or its assets nor the Purchased Assets nor, to the knowledge of the Vendor, have any such proceedings been threatened by any other Person. No encumbrancer has taken possession of any of the Purchaser's assets Purchased Assets and no execution or distress has become enforceable or levied upon any of the Purchaser's assetsPurchased Assets.

No Solvency or Reorganization Proceedings. ‌ The Purchaser None of the Vendors is not insolvent and no proceedings have been taken or authorized by any of the Purchaser Vendors or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of any of the Purchaser Vendors or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Purchaser Vendors or its assets nor the Purchased Assets nor, have any such proceedings been threatened by any other Person. No encumbrancer has taken possession of any of the Purchaser's assets Purchased Assets and no execution or distress has become enforceable or levied upon any of the Purchaser's assetsPurchased Assets.

No Solvency or Reorganization Proceedings. ‌ The Purchaser Vendor is not insolvent and no proceedings have been taken or authorized by the Purchaser Vendor or by any other Person with respect to the bankruptcy, insolvency, liquidation, dissolution or winding up of the Purchaser Vendor or with respect to any amalgamation, merger, consolidation, arrangement, receivership or reorganization of, or relating to, the Purchaser Vendor or its assets the Purchased Assets nor have any such proceedings been threatened by any other Person. No encumbrancer has taken possession of any of the Purchaser's assets Purchased Assets and no execution or distress has become enforceable or levied upon any of the Purchaser's assetsPurchased Assets.