Insolvency Officer definition

Insolvency Officer means any trustee, receiver, receiver and manager, liquidator, sequestrator, administrator or other custodian in connection with the insolvency of Project Co or any of its assets;

Insolvency Officer means and includes any person duly appointed to administer and distribute assets of the Borrower in the course of the Borrower’s Insolvency;

Insolvency Officer means as defined in Section 24.1.9 of these Terms;

Examples of Insolvency Officer in a sentence

• During the Step-In Period, the Authority will deal with the Appointed Representative and not Project Co. No Appointed Representative will be liable to the Authority or Project Co for any liabilities or obligations of Project Co. An Appointed Representative who is also an Insolvency Officer will not, and will not be required to, assume or have any personal liability for any liabilities or obligations of Project Co.

• A request to the Lender for return of any sum under the foregoing provisions of this sub-paragraph (5) shall be in writing and shall be made by or on behalf of the Borrower or, as the case may be, its Insolvency Officer.

• Otsuka shall nominate three prospective appraisers of recognized repute, and the Insolvency Officer shall select one of them for the purpose of appraising the Intangible Rights.

• Novartis shall thereafter have thirty (30) days within which to provide notice (the “Option Exercise Notice”) to the Insolvency Officer of its exercise of the option to acquire the Intangible Rights.

• GW shall provide prompt notice to Novartis of the appointment of an Insolvency Officer or the commencement of an Insolvency Proceeding by or against GW under the insolvency laws of any jurisdiction.

More Definitions of Insolvency Officer

Insolvency Officer. ’ means and includes any person duly appointed to administer and distribute assets of the Issuer in the cause of the Issuer’s insolvency;

Insolvency Officer means as defined in Section 25.1.9 of these Terms;

Insolvency Officer means as defined in Clause 24.1.9 of these Terms;

Insolvency Officer means a receiver, administrative receiver, administrator, liquidator, trustee, nominee or supervisor in respect of a company voluntary arrangement or scheme of arrangement or any other similar official that it would be possible to appoint under applicable insolvency law to or over the assets of a company or other legal entity.

Insolvency Officer means and includes any person duly appointed to administer and distribute assets of the Principal in the course of the Principal's insolvency;

Insolvency Officer. Means any trustee, receiver, liquidator, conservator, administrator, insolvency officer or other similar official appointed pursuant to an Insolvency Law. Means the last day and (as the context requires) time before which a Transaction may be dealt in, as notified to you, or otherwise the last day and (as the context requires) time on which a Reference Asset may be dealt in on the relevant Market.

Insolvency Officer means an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official.