Common use of Analogous proceedings Clause in Contracts

Analogous proceedings. There occurs, in relation to the Borrower or any Material Subsidiary, any event anywhere which, in the reasonable opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 17.6 (Insolvency) to 17.9 (Creditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to the Borrower Company or 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 17.6 18.6 (Insolvency) to 17.9 18.9 (Creditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to the Borrower Company or any Material Subsidiary, any event anywhere which, in the reasonable opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 17.6 19.6 (Insolvency) to 17.9 19.9 (Creditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to the Borrower any Obligor or any Material Principal Subsidiary, any event anywhere which, in the reasonable opinion of the Majority Banks, appears to correspond with any of those mentioned in Clauses 17.6 18.6 (Insolvency) to 17.9 18.9 (Creditors' process) (inclusive).

Analogous proceedings. There occurs, in relation to the Borrower an Obligor or any Material Subsidiary, any event anywhere which, in the reasonable opinion of the Majority Banks, which appears to correspond with any of those mentioned in Clauses 17.6 18.6 (Insolvency) to 17.9 18.9 (Creditors' Creditors process) (inclusive).

Analogous proceedings. There occurs, in relation to the Borrower any Obligor or any Material Subsidiary, any event anywhere which, in the reasonable opinion of the Majority BanksBanks (acting on the basis of legal advice), appears to correspond with any of those mentioned in Clauses 17.6 20.6 (Insolvency) to 17.9 20.9 (Creditors' process) (inclusive).