Extinguished for these purposes shall mean that such claim shall not lapse, but shall be subordinated in accordance with Section 39 para 2 of the German Insolvency Code (Insolvenzordnung) to all current and future claims of the other creditors of the Issuer as set out in Section 39 para 1 no 1 to 5 of the German Insolvency Code (Insolvenzordnung). Any such claims shall be settled only after all current and future claims of the Issuer's other creditors have been settled if and to the extent the Issuer is in a position to settle such claims using future profits (künftige Gewinne), any remaining liquidation proceeds (Liquidationsüberschuss) or any positive balance of the net assets (anderes freies Vermögen) of the Issuer.
Extinguished means that no spreading flame for wildland burning or certified prescribed burning, and no visible flame, smoke or emissions for vegetative land-clearing debris burning, exist.
Examples of Extinguished in a sentence
Not combustible; Extinguished with materials intended for the surrounding fire.
Security Interest Extinguished A security interest is extinguished simultaneously with the extinguishment of the claim that it secures.
Extinguished fires shall be promptly reported to the Fire Alarm Department by telephone.
Security Interest Extinguished by Waiver of [Right to] the Collateral 1.
Security Interest Extinguished by Reason of Transfer of the Collateral into Ownership of the Secured Creditor 38 A secured creditor may take possession of the collateral from the debtor if he has reason to believe that the debtor is not properly maintaining the collateral.
More Definitions of Extinguished
Extinguished means a fire that is sufficiently suppressed so that there is no chance of re-ignition.
Extinguished means no visible flame, sparks, glowing embers or smoke;
Extinguished means there is no visible smoke from a burn area and the burn pile is cool enough for human touch.
Extinguished means no longer capable of producing flame, heat or smoke.
Extinguished means no visible flames, sparks, glowing embers or smoke;
Extinguished means the absence of any visible flames, smoke or emissions.
Extinguished means left with no flame, sparks, glowing embers or smoke; "FIRE" means any fuel in a state of active combustion.