Bankruptcy or Insolvency Proceeding definition

Bankruptcy or Insolvency Proceeding means any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization, assignment for the benefit of creditors or other similar case or proceeding for the liquidation, dissolution, reorgan- ization or winding up of the Borrower, or of all or any portion of the property of Borrower, whether voluntary or involuntary, partial or complete.

Bankruptcy or Insolvency Proceeding means, in relation or with respect to any Debtor or any other Person, (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding, relative to such Person or to its creditors, as such, or to its Property, (b) any liquidation, dissolution, reorganization or winding up of such Person, whether voluntary or involuntary, partial or complete, and whether or not involving receivership, insolvency or bankruptcy, or (c) any assignment for the benefit of creditors of such Person, or any other marshalling of Property or liabilities of such Person.

Bankruptcy or Insolvency Proceeding means either the Issuer or the Company, pursuant to or within the meaning of any Bankruptcy Law: (i) making an assignment for the benefit of creditors, or admits in writing its inability to pay its debts as they become due; (ii) filing a voluntary petition for bankruptcy, or filing any petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, dissolution or similar relief under any present or future Laws; (iii) seeking or consenting to or acquiescing in the appointment of any trustee, receiver or liquidator, or of all or any substantial part of its properties; or (iv) any of their Representatives or majority of stockholders taking any action looking to dissolution, liquidation or winding up or otherwise taking any of the foregoing actions.

Examples of Bankruptcy or Insolvency Proceeding in a sentence

• Data report: Organic geochemical screening of a Bermuda Rise sample from Site 1063.

• The Subordinated Creditor will not commence or institute, or join with any other Person or Persons in commencing or instituting, any Bankruptcy or Insolvency Proceeding.

• Allied Finance (i) files a petition initiating a voluntary Bankruptcy or Insolvency Proceeding, (ii) seeks, consents to, or does not contest the appointment of a receiver or trustee for itself or for all or any substantial part of its property, (iii) is voluntarily adjudicated a bankrupt or insolvent, (iv) makes a general assignment for the benefit of its creditors, or (v) admits in writing its inability to pay its debts as they mature.

• A petition is filed against Allied Finance seeking to initiate a Bankruptcy or Insolvency Proceeding and such petition is not dismissed within 180 days after being filed, or a court of competent jurisdiction enters an order, judgment or decree appointing a receiver or trustee for Allied Finance, or for all or substantially all of its property, and such order, judgment or decree is not discharged or stayed within 180 days after its entry.

• The Commission will consider the available evidence in deciding whether such adjustment is possible under subsection 269TAC(8) or whether a constructed normal value is required.Establishing the date of sale In establishing the date of sale, the Commission will normally use the date of invoice as it best reflects the material terms of sale.

More Definitions of Bankruptcy or Insolvency Proceeding

Bankruptcy or Insolvency Proceeding means either the Issuer or the Company, pursuant to or within the meaning of any Bankruptcy Law: (i) making an assignment for the benefit of creditors, or admits in writing its inability to pay its debts as they become due; (ii) filing a voluntary petition for bankruptcy, or filing any petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, dissolution or similar relief under any present or future Laws; (iii) seeking or consenting to or acquiescing in the appointment of any trustee, receiver or liquidator, or of all or any substantial part of its properties; or (iv) any of their Representatives or majority of stockholders taking any action looking to dissolution, liquidation or winding up or otherwise taking any of the foregoing actions.​​

Bankruptcy or Insolvency Proceeding is defined in Subsection 4(b) of this Debenture.

Bankruptcy or Insolvency Proceeding has the meaning specified in Section 5.2.

Bankruptcy or Insolvency Proceeding means, with respect to the Company, (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding, relative to the Company or to its creditors, as such, or to its

Bankruptcy or Insolvency Proceeding is defined in Subsection 3(b) of this Guaranty.

Bankruptcy or Insolvency Proceeding has the meaning set forth in Section 4.1(d). Table of Contents

Bankruptcy or Insolvency Proceeding means (a) the commencement of any voluntary or involuntary case or proceeding under any Bankruptcy Law with respect to the Borrower or any of its Subsidiaries, (b) the commencement of any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to the Borrower or any of its Subsidiaries or with respect to any of its Property, (c) any liquidation, dissolution, reorganization or winding up of the Borrower or any of its Subsidiaries whether voluntary or involuntary and whether or not involving insolvency or bankruptcy or (d) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of the Borrower or any of its Subsidiaries in connection with the foregoing.