Significant Financial Difficulties means an event which would be likely to cause Forza, acting reasonably, to consider that the Supplier will be unable to continue to carry on its business as a going concern within 3 months of the date upon which Forza became aware of such difficulties by the Supplier or has formed such view itself from information available at the time, including (but not limited to) information concerning the Supplier’s share price or the issue of any profit warning (in the case of listed companies), financial information provided by reputable credit referencing agencies or any other publicly available information;
Significant Financial Difficulties means an event which would be likely to cause either Party in that Party’s reasonable opinion, to consider that the other Party or the other Party’s Group Company will be unable to continue to carry on its business as a going concern within three (3) months of the date upon which either Party became aware of such Significant Financial Difficulties, whether either Party has been notified by the other Party of any such Significant Financial Difficulties occurring or whether a Party has formed such view itself from information available at the time, including (but not limited to) information concerning the other Party or any company in the other Party’s Group's share price and profit warnings announced (in the case of listed companies), financial information provided by reputable credit referencing agencies and any other publicly available information;
Significant Financial Difficulties means an event which would be likely to cause the Company, in the Company's reasonable opinion, to consider that the Supplier (or any guarantor providing a Parent Company Guarantee pursuant to Clause 5.6 (“Guarantor”)) will be unable to continue to carry on its business as a going concern within 3 months of the date upon which the Company became aware of such difficulties, whether the Company has been notified of any such difficulties by the Supplier (or the Guarantor) or has formed such view itself from information available at the time, including (but not limited to) information concerning the Supplier's (and/or the Guarantor’s) share price and profit warnings announced (in the case of listed companies), financial information provided by reputable credit referencing agencies and any other publicly available information;
More Definitions of Significant Financial Difficulties
Significant Financial Difficulties means an event which would be likely to cause IPL, acting reasonably, to consider that the Supplier will be unable to continue to carry on its business as a going concern within 3 months of the date upon which IPL became aware of such difficulties by the Supplier or has formed such view itself from information available at the time, including (but not limited to) information concerning the Supplier’s share price or the issue of any profit warning (in the case of listed companies), financial information provided by reputable credit referencing agencies or any other publicly available information; "Supplier" means the organisation or person identified as such in any relevant Order; “Terms and Conditions” means these terms and conditions;