Subordination in Bankruptcy. Upon any distribution of assets in connection with any dissolution, winding up, liquidation or reorganization of the Borrower (whether in bankruptcy, insolvency or receivership proceedings or otherwise) or upon an assignment for the benefit of creditors of the Borrower:
Appears in 4 contracts
Samples: Subordination and Share Retention Agreement, Accession Agreement (Central Puerto S.A.), Guarantee and Sponsor Support Agreement (Central Puerto S.A.)
Subordination in Bankruptcy. Upon To the extent permitted by Applicable Law, upon any distribution of assets in connection with any dissolution, winding up, liquidation or reorganization of the any Borrower Entity (whether in bankruptcy, insolvency or receivership proceedings or otherwise) or upon an assignment for the benefit of creditors of the Borrowersuch Borrower Entity:
Appears in 1 contract
Samples: Sponsor Support and Subordination Agreement (Li-Cycle Holdings Corp.)
