Insolvency Act definition

Insolvency Act means the Insolvency Xxx 0000;
Insolvency Act means the Insolvency Act 1986;
Insolvency Act means the Insolvency Act, 1936 (Act No. 24 of 1936);

Examples of Insolvency Act in a sentence

  • In the event of the firm being adjudged insolvent or having a receiver appointed for it by a court or any other order under the Insolvency Act made against them or in the case of a company the passing any resolution or making of any order for winding up, whether voluntary or otherwise, or in the event of the firm failing to comply with any of the conditions herein specified AIIMS, Jodhpur shall have the power to terminate the contract without any prior notice.

  • This clause 8.1 applies if: the Exercise Period has not expired; any Subscription Rights remain unexercised; and an effective resolution for the winding up of the Company is passed, which is preceded by the making of a statutory declaration of solvency under section 89 of the Insolvency Act 1986.

  • Where the Client is an individual, the Client represents and warrants that it and each guarantor and security provider of the Client’s obligations under the Agreement have not been made bankrupt nor has a petition been presented to make either of them bankrupt nor has any voluntary arrangement or any interim order under the Insolvency Act 1967 been proposed or approved in respect of any of them.

  • I certify that I am not currently the subject of any proceeding under the Insolvency Act 2006 and I can pay my debts as they become due from my own money.

  • No assurance, security or payment which is avoided under any enactment relating to bankruptcy or under Sections 238 to 245 or Section 423 of the Insolvency Act or any equivalent provision of common law and no release, settlement or discharge given or made by the Note Trustee in reliance on any such assurance, security or payment shall prejudice or affect the right of the Note Trustee to enforce the Series 2020-1 (A1) Security to the full extent of the Series 2020-1 (A1) Secured Obligations.


More Definitions of Insolvency Act

Insolvency Act means the Insolvency Act, No. 24 of 1936, as amended;
Insolvency Act means the Insolvency Act 2003;
Insolvency Act means the Act No. 182/2006 Coll., on Insolvency and Its Resolution (Insolvency Act), as amended, or any other legal act which results in insolvency or bankruptcy of any party to this Contract.
Insolvency Act means the Insolvency Act, 2003 (as amended) of the British Virgin Islands.
Insolvency Act means the Insolvency Act, 2003 (as amended);
Insolvency Act means the Insolvency Act 1986, as amended or superseded from time to time (including by the Hierarchy Order);