Банкротство Sample Clauses

Банкротство. В случае если Дистрибьютор осуществляет уступку, депонирование или заключает соглашение с кредиторами в отношении своих going into liquidation, becoming bankrupt, being placed in receivership or provisional administration, or dissolving, Lundbeck may at its option terminate this Agreement forthwith by notice in writing. активов и становится неплатежеспособным, начинает процесс ликвидации или становится банкротом, с назначением конкурсного управляющего, передачей имущества во внешнее управление или роспуском, «Лундбек» вправе, на собственное усмотрение, немедленно расторгнуть настоящий Договор, направив соответствующее письменное уведомление.
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Банкротство. Сторона: (1)подлежит ликвидации (на условиях, отличных от консолидации, слияния или поглощения); (2) становится несостоятельной либо не может выплатить своих долгов в надлежащий срок; (3) осуществляет генеральную переуступку прав, вступает в соглашение в пользу кредиторов; (4) (А) инициирует или в отношении нее инициируется регулятором или конкурсным управляющим, иным подобным официальным лицом по осуществлению первичного банкротства, реабилитационного либо регулирующего законодательства, применимого в его отношении по месту его учреждения или создания, либо по месту нахождения его головного офиса или штаб-квартиры, судебное разбирательство с целью проведения процедуры несостоятельности или банкротства или иной процедуры освобождения от ответственности в соответствии с любым законодательством о банкротстве или несостоятельности или сходным законодательством, которое затронет права кредиторов, любо она сама, администратор или контроллер подает заявку на ликвидацию, либо (В) в отношении него начинается судебное разбирательство с целью проведения процедуры несостоятельности или банкротства или иной процедуры освобождения от ответственности в соответствии с любым законодательством о банкротстве или несостоятельности или сходным законодательством, которое затронет права кредиторов, любо была подана заявка на свертывание его деятельности либо ликвидацию, причем такие судебные разбирательства инициируются, или такая заявка подается лицом, не описанном в пункте (А) выше, и (I) заканчивается вынесением судебного решения о несостоятельности, банкротстве либо освобождении от ответственности, либо принятием решения о свертывании деятельности или ликвидации, или (II) не распускается, не освобождается от ответственности, не связывается судебным решением и не ограничивается в каждом случае в течение 15 дней с инициации судебных разбирательств или подачи такой заявки; (5) в отношении нее принято решение о свертывании деятельности, официальном распоряжении или ликвидации (на условиях, отличных от консолидации, слияния, или поглощения); (6) стремится или подлежит назначению администратора, временного ликвидатора, распорядителя, управляющего конкурсной массой, доверительного управляющего, доверительного хранителя или иного подобного должностного лица для распоряжения всеми или большей частью своих активов; (7) передала застрахованной стороне все или большую часть своих активов, либо ее имущество было описано, арестовано или конфисковано, и такая сторона сохраняет все имущест...

Related to Банкротство

  • Delays and Extension of Time If the Contractor is delayed at any time in the progress of providing goods and/or services by an act or neglect of the District, or by changes ordered in the work, or by labor disputes, strikes, insurrections, fire, acts of God; unusual but well documented and excusable delays in performance, or other causes beyond the Contractor’s control, or by delay authorized by the District, then the contract Term of service may be extended by a contract amendment for such reasonable time as the District and the Contractor may agree.

  • No Extension of Time If the Owner’s determination proves valid that good cause existed to believe a violation had occurred, the Contractor is not entitled to an extension of time for any delay arising directly or indirectly from the arbitration procedures set forth herein.

  • C4 Contract Price During Extension of the Initial Contract Period C4.1 Subject to the Pricing Schedule and the provision in clause F6 (Variation), the Contract Price shall apply for the Initial Contract Period and following an extension pursuant to clause F8 (Extension of Initial Contract Period), to the date of expiry of the extended period, or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract. C5 Euro

  • Delays and Extensions The CONSULTANT agrees that no charges or claim for damages shall be made by it for any minor delays from any cause whatsoever during the progress of any portion of the Services specified in this Contract. Such delays, if any, shall be compensated for by an extension of time for such period as may be determined by the LPA subject to the CONSULTANT's approval, it being understood, however, that permitting the CONSULTANT to proceed to complete any services, or any part of them after the date to which the time of completion may have been extended, shall in no way operate as a waiver on the part of the LPA of any of its rights herein. In the event of substantial delays or extensions, or change of any kind, not caused by the CONSULTANT, which causes a material change in scope, character or complexity of work the CONSULTANT is to perform under this Contract, the LPA at its sole discretion shall determine any adjustments in compensation and in the schedule for completion of the Services. CONSULTANT must notify the LPA in writing of a material change in the work immediately after the CONSULTANT first recognizes the material change.

  • DELAYS AND EXTENSIONS OF TIME 8.3.1 If the Contractor is delayed at any time in the progress of the Work by any act or failure to act by the State or the Architect, or by any employee of either, or by any separate contractor employed by the State, or by changes ordered in the Work, fire, unusual delay in transportation, adverse weather conditions not reasonably anticipatable, unavoidable casualties, or any causes beyond the Contractor's control, or by delay authorized by the State pending alternative dispute resolution proceedings, or by any other cause which may justify the delay, then the Contract Time shall be extended by Change Order for such reasonable time as recommended by the Architect and approved by the State.

  • Extension of Time If the Executive shall be in violation of any provision of this Article 6, then each time limitation set forth in this Article 6 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Article 6 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

  • Relief Assignments 3.1 All possible regular relief assignments with five days work per week and two consecutive rest days (subject to Rule 2) shall be established to perform necessary relief work or to perform relief work on certain days and such types of other work on other days as may be assigned under this Agreement.

  • Insurance Settlements; Assignment of Proceeds If Xxxxxxxx abandons the Property, Lender may file, negotiate, and settle any available insurance claim and related matters. If Xxxxxxxx does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 26 or otherwise, Borrower is unconditionally assigning to Lender (i) Borrower’s rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note and this Security Instrument, and (ii) any other of Borrower’s rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, to the extent that such rights are applicable to the coverage of the Property. If Lender files, negotiates, or settles a claim, Xxxxxxxx agrees that any insurance proceeds may be made payable directly to Lender without the need to include Borrower as an additional loss payee. Lender may use the insurance proceeds either to repair or restore the Property (as provided in Section 5(d)) or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.

  • Contract Extension The City may, in its sole discretion, unilaterally exercise an option to extend the Contract as described in the Contract Documents. In addition, the City may, in its sole discretion, unilaterally extend the Contract on a month-to-month basis following contract expiration if authorized under Charter section 99 and the Contract Documents. Contractor shall not increase its pricing in excess of the percentage increase described in the Contract.

  • Extension Option The Borrower may request that the Commitments be extended for up to two additional one year periods by providing not less than 30 days’ written notice (the date of such notice, a “Notice Date”) to the Administrative Agent prior to any anniversary of the Closing Date. If a Bank agrees, in its individual and sole discretion (and with the approval of the Swingline Lender and the Issuing Banks, such approval, in each case, not to be unreasonably withheld, delayed or conditioned), to extend its Commitment (such Bank, an “Extending Bank”), it will notify the Administrative Agent, in writing, of its decision to do so no later than 15 days after the applicable Notice Date (such extension decision, a “Commitment Extension”). The Administrative Agent will notify the Borrower, in writing, of the Banks’ decisions promptly upon receipt thereof and in any event not later than one (1) Business Day after receipt thereof. The Extending Banks’ Commitments will be extended for an additional year from the then current Maturity Date so long as (i) the Commitments of the Extending Banks (after giving effect to any assumption by any Extending Banks of Commitments of Declining Banks as described below), together with the Commitments of any New Banks that replace any Declining Banks, represent more than 50% of the Total Commitments then in effect, and (ii) on the date of any request by the Borrower to extend the Commitments, the applicable conditions set forth in Section 5.3 shall be satisfied. No Commitment Extension shall result in the then-existing Maturity Date being more than five (5) years from the effective date of such Commitment Extension. No Bank shall be required to consent to any such extension request or be required to increase its Commitment. The Maturity Date with respect to any Bank that declines or does not respond to the Borrower’s request for an extension of the Commitments (a “Declining Bank”) shall remain the then-existing Maturity Date (without regard to any extension of the Commitments of other Banks); provided that the Borrower shall continue to have the right to replace any such Declining Bank (with respect to all or any portion of its Commitment) following the effectiveness of any such extension. The Borrower will have the right to accept Commitments from any Eligible Assignee that is not a Bank in an aggregate amount up to the aggregate amount of the Commitments of any Declining Banks; provided that any Eligible Assignee proposed to be substituted for a Declining Bank (unless such Eligible Assignee is an affiliate of a Bank) must be approved by the Administrative Agent, the Swingline Lender and the Issuing Banks, such approval, in each case, not to be unreasonably withheld, delayed or conditioned. The Borrower may only extend the Maturity Date twice during the term of this Agreement pursuant to this Section 2.7.

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