Common use of Konkurs / Bankruptcy Clause in Contracts

Konkurs / Bankruptcy. För den händelse Bolaget skulle försättas i konkurs, får anmälan om Xxxxxxxx ej därefter ske. Om emellertid konkursbeslutet häves av högre rätt får anmälan om Xxxxxxxx återigen ske. In the event the Company is declared bankrupt, notice for Subscription may not thereafter be made. Where, however, the bankruptcy decision is reversed by a court of higher instance, notice for Subscription may again be made.

Appears in 4 contracts

Samples: Authorization for the Board to Issue Shares, Warrants and/or Convertibles, Warrant Program, Employee Stock Option Program