Winding-up, etc. An order is made or an effective resolution is passed for the winding up, liquidation or dissolution of the Borrower or any of its Material Subsidiaries (otherwise than, in the case of a Material Subsidiary of the Borrower, for the purposes of or pursuant to an amalgamation, reorganisation of restructuring whilst solvent).
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Samples: HTM Loan Agreement, Public Joint Stock Co Commercial Bank PrivatBank, Public Joint Stock Co Commercial Bank PrivatBank
Winding-up, etc. An order is made or an effective resolution is passed for the winding up, liquidation or dissolution of the Borrower Company or any of its Material Subsidiaries (otherwise than, in the case of a Material Subsidiary of the BorrowerCompany, for the purposes of or pursuant to an amalgamation, reorganisation of reorganization or restructuring whilst solvent).
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