Czech Insolvency Act definition

Czech Insolvency Act means Act No. 182/2006 Coll., on insolvency and methods of its resolution (insolvency act) as amended or replaced from time to time, and any references in these Terms and Conditions to any relevant provisions of the Czech Insolvency Act include references to any applicable provisions of law amending or replacing such provisions from time to time.][The following shall only be applicable for Preferred Senior Notes issued by Erste Bank Croatia:
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Czech Insolvency Act means Act No. 182/2006 Coll., on insolvency and methods of its resolution (insolvency act) as amended or replaced from time to time, and any references in these Terms and Conditions to any relevant provisions of the Czech Insolvency Act include references to any applicable provisions of law amending or replacing such provisions from time to time.][The following shall only be applicable for Non-Preferred Senior Notes issued by Erste Bank Croatia:For the purposes of § 32 of the Croatian Credit Institutions and Investment Firms Resolution Act, the Issuer and the Holder agree that the claim in respect to the Notes shall be settled in accordance with §32 (2)(3) of the Croatian Credit Institutions and Investment Firms Resolution Act.
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Czech Insolvency Act means the Czech Act No. 182/2006 Coll., as amended;
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Examples of Czech Insolvency Act in a sentence

  • Each Covered Bond will bear the designation "hypoteční zástavní list" to be recognised as a mortgage covered bond under the Czech Bonds Act, CNB Measure and the Czech Insolvency Act.

  • Therefore, already valid laws, in particular the Czech Insolvency Act, must be adjusted accordingly as well.

  • Mindful of this logic, the Czech Insolvency Act provides that in insolvency proceedings, the decision- making powers of the general meeting are suspended during reorganization proceedings (S.

  • Czech Insolvency Act means Czech Act No. 182/2006 Coll., on Insolvency and Method of its Resolution (Insolvency Act), as amended from time to time and any references in these Conditions to any relevant provisions of the Czech Insolvency Act include references to any applicable provisions of law amending or replacing such provisions from time to time.

  • Each Covered Bond will bear the designation "hypoteční zástavní list" to be recognised as a mortgage covered bond under the Czech Bonds Act, the CNB Decree and the Czech Insolvency Act.

  • In such case, the Notes constitute direct, unconditional, unsecured and subordinated obligations of the Issuer and they constitute and shall be satisfied as relevant subordinated capital instruments or obligations of the Issuer pursuant to Section 374c of the Czech Insolvency Act.

  • The CNB may only take such steps or actions or impose measures for so long as the Issuer holds its banking licence (i.e., before its banking licence has been revoked by the CNB) and until insolvency proceedings under the Czech Insolvency Act have been commenced against the Issuer.

  • Also, Section 375 of the Czech Insolvency Act and other relevant provisions of the Czech Insolvency Act will apply to the Covered Bonds and the Cover Pool in the case of insolvency proceedings against the Issuer.

  • Hence we expect that the damages compensation claim against UNIPETROL RPA, s.r.o. will be rejected by the relevant court.On the basis of provisions of the Czech Insolvency Act, the proceedings has been suspended due to I.P.-95 s.r.o. becoming insolvent and the insolvency trustee failing to give consent for the proceedings to continue.

  • An important task for the new Czech Insolvency Act is to strengthen the position of creditors who properly meet their obligations towards other parties and who simultaneously get into trouble due to the secondary insolvency (Štípek, 2013).Payment behavior of companies is not only an important indicator of the financial situation but it also reflects business practices in each sector.


More Definitions of Czech Insolvency Act

Czech Insolvency Act means Act No. 182/2006 Coll., on insolvency and methods of its resolution (insolvency act) as amended or replaced f rom time to time, and any references in these Terms and Conditions to any relevant provisions of the Czech Insolvency Act include references t o any applicable provisions of law amending or replacing such provisions f rom time to time. ]
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Czech Insolvency Act means Act No. 182/2006 Coll., on insolvency and means of its solution (insolvency act), as amended;
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Czech Insolvency Act means Act No. 182/2006 Coll., on insolvency and methods of its resolution (insolvency act) as amended or replaced f rom time to time, and any references in these Terms and Conditions to any relevant provisions of the Czech Insolvency Act include references to any applicable provisions of law amending or replacing such provisions f rom time to time. ]
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Related to Czech Insolvency Act

  • Insolvency Act means the Insolvency Xxx 0000;

  • EU Insolvency Regulation means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast).

  • Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • Financial Insolvency means, with respect to any Named Entity covered under any Coverage Part designated as “included” in the Declarations attached hereto:

  • Spanish Insolvency Law means the restated text of the Spanish Insolvency Law (Ley Concursal) approved by the Royal Decree-Legislative 1/2020, of 5 May, as amended from time to time.

  • UK Bribery Act means the Xxxxxxx Xxx 0000 of the United Kingdom, as amended, and the rules and regulations thereunder.

  • Insolvency Regulation means the Regulation EU 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast).

  • Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • insolvency practitioner means any receiver, administrator or liquidator appointed in respect of the Tenant;

  • Insolvency Laws The Bankruptcy Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments, or similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

  • Applicable Insolvency Laws means all Applicable Laws governing bankruptcy, reorganization, arrangement, adjustment of debts, relief of debtors, dissolution, insolvency, fraudulent transfers or conveyances or other similar laws (including, without limitation, 11 U.S.C. Sections 544, 547, 548 and 550 and other “avoidance” provisions of Title 11 of the United States Code, as amended or supplemented).

  • Insolvency Action With respect to any Person, the taking by such Person of any action resulting in an Insolvency Event, other than solely under clause (g) of the definition thereof.

  • Solvency II Regulation means Commission Delegated Regulation ((EU No. 2015/35).

  • primary insolvency jurisdiction means the Contracting State in which the centre of the debtor’s main interests is situated, which for this purpose shall be deemed to be the place of the debtor’s statutory seat or, if there is none, the place where the debtor is incorporated or formed, unless proved otherwise;

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Bribery Act means the Bribery Act 2010 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning this legislation;

  • Transparency Act means the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109-282), as amended by §6202 of Public Law 110-252. The Transparency Act also is referred to as FFATA.

  • Insolvency Proceedings means, with respect to any Person, any case or proceeding with respect to such Person under U.S. federal bankruptcy laws or any other state, federal or foreign bankruptcy, insolvency, reorganization, liquidation, receivership or other similar laws, or the appointment, whether at common law, in equity or otherwise, of any trustee, custodian, receiver, liquidator or the like for all or any material portion of the property of such Person.

  • Insolvency Legislation means legislation in any applicable jurisdiction relating to reorganization, arrangement, compromise or re-adjustment of debt, dissolution or winding-up, or any similar legislation, and specifically includes for greater certainty the Bankruptcy and Insolvency Act (Canada), the Companies’ Creditors Arrangement Act (Canada), the Winding-Up and Restructuring Act (Canada) and the Bankruptcy Code (United States).

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

  • Insolvency Law means the Bankruptcy Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments and similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

  • Federal Bankruptcy Code means the Bankruptcy Act of Title 11 of the United States Code, as amended from time to time.

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.