Insolvency Order definition

Insolvency Order means any order, judgment or decree entered in any Insolvency Proceeding granting any Insolvency Relief.
Sample 1Sample 2Sample 3
Insolvency Order. Means the Insolvency (Northern Ireland) Order 1989 as amended by the Insolvency (Northern Ireland) Order 2005.
Sample 1
Insolvency Order means an order made under section 19;
Sample 1

Examples of Insolvency Order in a sentence

  • The Banks and Building Societies (Priorities on Insolvency) Order 2018 which implements in the U.K. the Insolvency Hierarchy Directive (Directive (EU) 2017/2399) came into force on 19 December 2018.

  • In addition, Investors shall not be entitled to petition or take any other step for the winding-up, liquidation or bankruptcy of the Issuer, or any similar insolvency related proceedings pursuant to section 67(3) of the Austrian Insolvency Order (Insolvenzordnung).

  • Products COOP maintenance activities Upgrade software and data capacity StaffingMPO Staff Timeline for Proposed WorkCurrent Task - Ongoing activities throughout the Fiscal Year Financial Responsibility TYPESOURCEAMOUNTPLFHWA$200LOCAL MATCHHPD$50TOTAL $250The FHWA PL and FTA 5303 planning funds have been consolidated into one PL category.

  • Qimonda AG (“QAG”) filed insolvency protection with Munich Bankruptcy Court of German (the “Court”) on January 23, 2009, and the Court issued Insolvency Order on April 1, 2009.

  • In Article 25(4) (application of Order to incorporated friendly societies), for “the Insolvency Order, the Companies Order or the Companies Act 2006” substitute “ the Companies Act 2006 or the Insolvency (Northern Ireland) Order 1989 ”.214.

  • In the UK, the Banks and Building Societies (Priorities on Insolvency) Order 2018 was published on 19 December 2018 and sets out the new insolvency hierarchy.

  • German inSpirationIn the 1994 version of the German Insolvency Order, debtors remained in possession after commencement of a case only in exceptional circumstances and only if the petitioning creditor agreed and the debtor showed that that its DIP status would not lead to negative consequences.

  • The Insolvency Order (InsO) in Germany was created to prevent share‐ and stakeholders from losses caused by bankruptcy of private organization or enterprises.

  • Accordingly, based on the Nebraska Insolvency Order, Amwest filed a motion to stay the Georgia action.

  • Meanwhile, given the Nebraska Insolvency Order, Amwest and Capital stipulated to stay the claims between them.

Related to Insolvency Order

  • Bankruptcy Order means any court order made in a proceeding pursuant to or within the meaning of any Bankruptcy Law, containing an adjudication of bankruptcy or insolvency, or providing for liquidation, winding up, dissolution or reorganization, or appointing a Custodian of a debtor or of all or any substantial part of a debtor’s property, or providing for the staying, arrangement, adjustment or composition of indebtedness or other relief of a debtor.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Levy Order means an Order made by the Commission under paragraph 16 of the Schedule to the Act.

  • 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 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 Official means the official receiver appointed in the context of any insolvency procedure which may be opened following the occurrence of an Insolvency Event.

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Insolvency Opinion means that certain non-consolidation opinion letter dated the date hereof delivered by Xxxxxx Xxxxxxxx Xxxxx & Xxxxxxxx LLP in connection with the Loan.

  • Insolvency Act means the Insolvency Xxx 0000;

  • Insolvent insurer means a member insurer which, after the effective date of this chapter, is placed under an order of liquidation by a court of competent jurisdiction with a finding of insolvency.

  • 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.

  • Bankruptcy Proceeding means any case, action or proceeding before any court or other Governmental Authority relating to any Bankruptcy Event.

  • Insolvency Proceeding means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other similar relief.

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

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

  • Insolvency Filing means that the Share Company (as defined in §4a of the Terms and Conditions) institutes or has instituted against it by a regulator, supervisor or any similar official with primary insolvency, rehabilitative or regulatory jurisdiction over it in the jurisdiction of its incorporation or organisation or the jurisdiction of its head or home office, or it consents to a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights (including a moratorium or a similar proceeding), or a petition is presented for its winding-up or liquidation by it or such regulator, supervisor or similar official or it consents to such a petition, provided that proceedings instituted or petitions presented by creditors and not consented to by the Share Company shall not be deemed an Insolvency Filing.

  • Insolvency with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.

  • Receivership means a proceeding in which a receiver is appointed.

  • 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.

  • Bankruptcy means, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or (vii) if 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, if the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act.

  • Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.

  • 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.

  • 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.

  • Pending Order means an instruction from the Client to the Company to open a position once the price has reached the level of the Order.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • 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.