Common use of No receiver Clause in Contracts

No receiver. No receiver or receiver and manager of any part of the undertaking or assets of any member of the Company Group, has been appointed or is threatened or expected to be appointed and, to the Knowledge of the Sellers, there are no circumstances justifying an appointment.

No receiver. No receiver or receiver, receiver and manager or administrator of any part of the undertaking or assets of any member of the Company Group, has been appointed or is threatened or expected to be appointed and, to the Knowledge of the Sellers, and there are no circumstances justifying an appointment.