Common use of Solvent Liquidation Clause in Contracts

Solvent Liquidation. (a) Amend paragraph (b) of Clause 22.7 (Insolvency Proceedings) of the Credit Agreement so that it includes any solvent liquidation or dissolution in accordance with Clause 21.24 (Internal Reorganisations) of the Credit Agreement.

Solvent Liquidation. (a) Amend amend paragraph (b) of Clause 22.7 26.7 (Insolvency Proceedings) of the Credit Agreement so that it includes any solvent liquidation or dissolution in accordance with applies to both paragraphs (a) and (b) of Clause 21.24 23.31 (Internal Reorganisations) of the Credit Agreement. Amend Clause 42.7 (Release of Guarantees and Security) of the Credit Agreement to provide for equivalent releases as a result of, and in connection with, any solvent liquidation or dissolution that complies with Clause 23.31 (Internal Reorganisations).