05Irish Terms Sample Clauses

05Irish Terms. (1) An “examiner” means an examiner (including any interim examiner) appointed under section 509 of the Companies Act 2014 of Ireland, as amended and examinership shall be construed accordingly. (2) A “process adviser” means a person appointed or acting as a process adviser within the meaning of section 558A(1) of the Companies Act 2014 of Ireland, as amended. (3) A “rescue process” means the rescue process for small and micro companies contemplated by Part 10A of the Companies Act 2014 of Ireland, as amended. (4) A person being “unable to pay its debts” includes that person being unable to pay its debts within the meaning of section 509(3) (other than Section 509(3)(b)), and section 570 of the Companies Act 2014 of Ireland, as amended.