German Insolvency Code definition

German Insolvency Code means the German Insolvenzordnung of October 5, 1994, as amended.
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German Insolvency Code means the German Insolvenzordnung (InsO).
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German Insolvency Code means the German insolvency code (Insolvenzordnung).
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Examples of German Insolvency Code in a sentence

  • This subordination also applies to the final distribution of liquidation proceeds pursuant to § 199 German Insolvency Code in the event of an insolvency proceeding (Insolvenzverfahren).

  • Any (personal) liability of the NV Custodian and/or the representatives of Sono NV (including its management and its general representatives by general power of attorney) under, or in connection with, this Agreement, in particular pursuant to Sections 60, 61 of the German Insolvency Code (including their analogous application), shall be excluded (genuine contract for the benefit of a third party, Section 328 of the German Civil Code); this shall not apply in case of intent or fraudulent intent.

  • No insolvency proceedings against the Companies are pending (i.e., a court has formally commenced insolvency proceedings (Insolvenzverfahren eroffnet) in accordance with the German Insolvency Code (Insolvenzordung) or the corresponding procedure under Italian law in respect of Krugg) or have been applied for by the Companies, or, to Sellers' Knowledge, have been applied for by any third party.

  • The Purchaser is aware that the current financial situation of the Company may give rise to the need for filings under the German Insolvency Code.

  • There are no circumstances which could justify the avoidance of the transfer of the Shares according to the provisions of the German Insolvency Code (Insolvenzordnung) and/or the German Avoidance Act (Anfechtungsgesetz) or similar provisions.

  • German Insolvency Code (Insolvenzordnung) or an insolvency court takes steps as set out in Section 21 German Insolvency Code.

  • Except for the Intellectual Property Rights set forth in Exhibit 5.7 a), the Company, the Sellers and Rufener Brand as well as persons affiliated with any of the aforementioned persons within the meaning of Section 138 German Insolvency Code (Insolvenzordnung) (“Affiliates”) do not own and have not licensed any intellectual property rights that relate to and / or that could commercially be useful in the Business.

  • German Insolvency Code (InsO) or any other comparable applicable insolvency laws of other applicable jurisdictions.

  • No Senior Secured Note Guarantor incorporated in Germany, shall become unable to pay its debts as they fall due ( Zahlungsunfähigkeit) or be deemed to be unable to pay its debts as they fall due (drohende Zahlungsunfähigkeit) or be over-indebted (Überschuldung) within the meaning of Sections 17 — 19 of the German Insolvency Code (Insolvenzordnung).

  • No German Opco has taken any corporate action nor have any legal proceedings or other procedure or step been taken, started or threatened in relation to: (i) a petition for insolvency proceedings in respect of its assets (Antrag auf Eröffnung eines Insolvenzverfahrens); or (ii) any other actions set out in section 21 of the German Insolvency Code.


More Definitions of German Insolvency Code

German Insolvency Code means the German Insolvenzordnung (InsO). “German Insolvency Proceedings” means, with respect to any Person to which the German Insolvency Code applies, any (preliminary) insolvency proceeding ((vorläufiges) Insolvenzverfahren including Schutzschirmverfahren or Insolvenzplanverfahren) and any petition for insolvency proceedings in respect of its assets (Antrag auf Eröffnung eines Insolvenzverfahrens including Schutzschirmverfahren or Insolvenzplanverfahren), including for admissibility of the application for the opening of insolvency proceedings (Entscheidung über Zulässigkeit des Insolvenzantrags) or for rejection of insolvency proceedings due to lack of funds (Abweisungsbeschluss xxxxxxx Xxxxx). “Germany” means the Federal Republic of Germany. “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including the Financial
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German Insolvency Code means the German insolvency code ( Insolvenzordnung ). “ German Insolvency Event ” shall mean:
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Related to German Insolvency Code

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

  • Insolvency Act means the Insolvency Xxx 0000;

  • 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.

  • 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.

  • Bankruptcy Code means the United States Bankruptcy Code, as amended from time to time, any successor statute or rule promulgated thereto.

  • Insolvency Regulation means the Council Regulation (EC) No.1346/2000 29 May 2000 on Insolvency Proceedings.

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

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

  • Danish Bankruptcy Act means the Danish Bankruptcy Act (Consolidated Act No. 11 of 6 January 2014, as amended);

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

  • 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;

  • 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 547, 548 and 550 and other “avoidance” provisions of Title 11 of the United States Code, as amended or supplemented).

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

  • 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 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;

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization or similar laws from time to time in effect affecting the rights of creditors or debtors generally.

  • U.S. Code means the U.S. Internal Revenue Code of 1986, as amended.

  • Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;

  • Local Bankruptcy Rules means the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware.

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

  • Code means the Internal Revenue Code of 1986, as amended.

  • IRC means the Internal Revenue Code of 1986, as amended.

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

  • Bankruptcy Laws has the meaning specified in Section 10.9.