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 Covenantor for return of any sum under the foregoing provisions of this sub-paragraph (4) shall be in writing and shall be made by or on behalf of the Principal or, as the case may be, its Insolvency Officer.

• A request to the Lender for return of any sum referred to in 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.

• 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. For certainty, 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 referred to in 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.

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 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 liquidator, trustee in bankruptcy, judicial custodian or manager, compulsory manager, receiver, administrative receiver, administrator or other similar officer in each case, appointed in any jurisdiction, including a compulsory manager appointed pursuant to Article 27 of the Polish law dated December 6, 1996 (as amended) on registered pledge and pledge register or pursuant to Article 931 of the Polish Code of Civil Procedure.

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

Insolvency Officer. (債務處理人) means-