Common use of Winding-up/Insolvency Clause in Contracts

Winding-up/Insolvency. (i) No proceedings of any nature are current or, to its knowledge, pending or threatened, for the winding-up or dissolution of, or in respect of any insolvency proceeding of any nature relating to the Borrower or any Relevant Subsidiary. (ii) The Borrower and the Relevant Subsidiaries are in a position to meet their respective scheduled payment obligations as they fall due.

Winding-up/Insolvency. (i) No proceedings of any nature are current or, to its knowledge, pending or threatened, for the winding-up or dissolution of, or in respect of any insolvency proceeding Insolvency Proceeding of any nature relating to the Borrower or any Relevant Material Subsidiary.; and (ii) The the Borrower and the Relevant Material Subsidiaries are solvent and in a position to meet their respective scheduled payment obligations as they fall due.

Winding-up/Insolvency. (i) No no proceedings of any nature are current or, to its knowledge, pending or threatened, for the winding-up or dissolution of, or in respect of any insolvency proceeding Insolvency Proceeding of any nature relating to the Borrower or any Relevant Material Subsidiary.; and (ii) The the Borrower and the Relevant Material Subsidiaries are solvent and in a position to meet their respective scheduled payment obligations as they fall due.

Winding-up/Insolvency. (i) No proceedings of any nature are current or, to its knowledge, pending or threatened, for the winding-up or dissolution of, or in respect of any insolvency proceeding of any nature relating to the Borrower or any Relevant Subsidiary. (ii) The Borrower and the Relevant Subsidiaries are solvent and in a position to meet their respective scheduled payment obligations as they fall due.

Winding-up/Insolvency. (i) No no proceedings of any nature are current or, to its knowledge, pending or threatened, for the windingWinding-up or dissolution of, or in respect of any insolvency proceeding Insolvency Proceeding of any nature relating to the Borrower Company, ALSTOM, any Guaranteed Subsidiary or any Relevant Material Subsidiary.; and (ii) The Borrower each of the Company, ALSTOM, the Guaranteed Subsidiaries and the Relevant Material Subsidiaries are solvent and in a position to meet their respective scheduled payment obligations as they fall due.;