Insolvency Act definition

Insolvency Act means the Insolvency Xxx 0000;

Insolvency Act means the Insolvency Act 1986;

Insolvency Act means the Insolvency Act, No. 24 of 1936;

Examples of Insolvency Act in a sentence

• In the event of the firm being adjudged insolvent or having a receiver appointed for it by a court or any other order under the Insolvency Act made against them or in the case of a company the passing any resolution or making of any order for winding up, whether voluntary or otherwise, or in the event of the firm failing to comply with any of the conditions herein specified AIIMS, Xxxxxxxx shall have the power to terminate the contract without any prior notice.

• The Borrower shall not include in any proposal to creditors a proposal to the Lenders; provided that if the Borrower includes the Lenders in any such proposal to creditors, through inadvertence or otherwise, the Borrower hereby consents to an order for a declaration that the stay of proceedings provision of the Bankruptcy and Insolvency Act (Canada) no longer operates in respect of the Lenders and terminating any such stay against the Lenders.

• Immediately after the consummation of the othergiving effect to the First Amendment Transactions on the First Amendment Effective Date, no Loan Party will be rendered insolvent within the meaning of 11 U.S.C. 101(32), the Insolvency Act 1986 or any other applicable insolvency laws or regulations or be unable to pay its debts as they mature.

• The insurer is liable for loss or damage occurring after an authorized assignment under the Bankruptcy and Insolvency Act (Canada) or a change of title by succession, by operation of law or by death.

More Definitions of Insolvency Act

Insolvency Act means the Insolvency Act, No. 24 of 1936, as amended;

Insolvency Act means the Insolvency Act 2003;

Insolvency Act means the Act No. 182/2006 Coll., on Insolvency and Its Resolution (Insolvency Act), as amended, or any other legal act which results in insolvency or bankruptcy of any party to this Contract.

Insolvency Act means the Insolvency Xxx 0000, as amended; Insolvency Event means, in respect of the Seller, the Servicer or the Cash Manager:

Insolvency Act means the Insolvency Act, 2003 (as amended) of the British Virgin Islands.

Insolvency Act means the Insolvency Act, 2003 (as amended);

Insolvency Act means the Insolvency Act 1986, as amended or superseded from time to time (including by the Hierarchy Order);