Financial failure definition
Financial failure means an event described by Subdivision (2)(A), (B), (C), (D), or (E).
Financial failure means an event described by Subdivision (2)(A), (B), (C), (D), or (E). (3-a) "Fund" means the grain producer indemnity fund.
Financial failure means an event described by 1-53 Subdivision (2)(A), (B), (C), (D), or (E).
Examples of Financial failure in a sentence
Financial failure of an insurer shall not relieve Contractor of its indemnity obligations and liabilities assumed in this Agreement.
Financial failure, insolvency, default on performance or delivery, or any managerial failure by such third parties may have a material impact on the Company’s operations and performance.
More Definitions of Financial failure
Financial failure means the insolvency, bankruptcy, provisional liquidation, winding up, the appointment of a Receiver, Manager or Administrator, entry into any official or unofficial arrangement with creditors, stopping the payment of debts, a restructure or composition with creditors or the happening of anything of a similar nature under the laws of any jurisdiction.
Financial failure means an event described by