Common use of No Dissolution, Bankruptcy or Insolvency Clause in Contracts

No Dissolution, Bankruptcy or Insolvency. No measures have been taken or threatened for the dissolution and liquidation or declaration of bankruptcy of any Target Company and no events have occurred which would justify any such measures to be taken, in particular (i) no order has been made, petition presented, resolution passed or meeting convened for the winding up, dissolution or liquidation of any Target Company and there are no proceedings under applicable insolvency, bankruptcy, composition, moratorium, reorganization, or similar laws and no events have occurred which would require the initiation of any such proceedings, nor are any such proceedings threatened; and (ii) no receiver, liquidator, administrator, commissioner or similar official has been appointed in respect of any Target Company and no step has been taken for or with a view to the appointment of such a person. No Target Company is over-indebted, insolvent or unable to pay its debts as they fall due pursuant to the respective applicable Law.

No Dissolution, Bankruptcy or Insolvency. No measures have been taken or threatened for the dissolution and liquidation or declaration of bankruptcy of any Target the Company and no events have occurred which would justify any such measures to be taken, in particular (i) no order has been made, petition presented, resolution passed or meeting convened for the winding up, dissolution or liquidation of any Target the Company and there are no proceedings under applicable insolvency, bankruptcy, composition, moratorium, reorganization, or similar laws and no events have occurred which would require the initiation of any such proceedings, nor are any such proceedings threatened; , and (ii) no receiver, liquidator, administrator, commissioner or similar official has been appointed in respect of any Target the Company and no step has been taken for or with a view to the appointment of such a person. No Target The Company is neither over-indebted, nor insolvent or nor unable to pay its debts as they fall due pursuant to the respective applicable Law.

No Dissolution, Bankruptcy or Insolvency. No measures have been taken or threatened for the dissolution and liquidation or declaration of bankruptcy of any the Target Company and no events have occurred which would justify any such measures to be taken, in particular (i) no order has been made, petition presented, resolution passed or meeting convened for the winding up, dissolution or liquidation of any the Target Company and there are no proceedings under applicable insolvency, bankruptcy, composition, moratorium, reorganization, or similar laws and no events have occurred which would require the initiation of any such proceedings, nor are any such proceedings threatened; and (ii) no receiver, liquidator, administrator, commissioner or similar official has been appointed in respect of any the Target Company and no step has been taken for or with a view to the appointment of such a person. No Target Company is over-indebted, insolvent or unable to pay its debts as they fall due pursuant to the respective applicable Law.a