Common use of Analogous proceedings Clause in Contracts

Analogous proceedings. There occurs, in relation to an Obligor or a Material Subsidiary, any event anywhere which, in the opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 20.6 (Insolvency) to 20.10 (U.S. Obligor or U.S. Material Subsidiary insolvency events of default) (inclusive).

Analogous proceedings. There occurs, in relation to an Obligor a Borrower or a Material Subsidiary, any event anywhere which, in the opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 20.6 (Insolvency) to 20.10 20.9 (U.S. Obligor or U.S. Material Subsidiary insolvency events of defaultCreditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to an Obligor or a any Material Subsidiary, any event anywhere which, in the reasonable opinion of the Majority Banks, appears to correspond corresponds with any of those mentioned in Clauses 20.6 20.7 (Insolvency) to 20.10 20.11 (U.S. Obligor or U.S. Material Subsidiary insolvency events of defaultBankruptcy Laws) (inclusive).

Analogous proceedings. There occurs, in relation to an Obligor or a Material Subsidiary, any event anywhere which, in the opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 20.6 18.6 (Insolvency) to 20.10 18.9 (U.S. Obligor or U.S. Material Subsidiary insolvency events of defaultCreditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to an Obligor or a any Material Subsidiary, any event anywhere in any relevant jurisdiction which, in the opinion of the Majority BanksBanks (acting in good faith), appears to correspond with any of those mentioned in Clauses 20.6 (Insolvency) to 20.10 20.9 (U.S. Obligor or U.S. Material Subsidiary insolvency events of defaultCreditors' process) (inclusive).