{"component": "definition", "props": {"groups": [{"size": 15, "snippet_links": [{"key": "insolvency-and-bankruptcy-code", "type": "definition", "offset": [10, 40]}], "snippet": "means the Insolvency and Bankruptcy Code, 2016.", "samples": [{"hash": "7LisTNZoiuU", "uri": "https://dxc.com/content/dam/dxc/projects/dxc-com/in/pdfs/About%20Us/investor-relations/xchanging-ir-documents/disclosures-under-regulation-46-of-the-sebi-listing-regulations---/policies/new-policies/XSL_POLICY%20FOR%20DETERMINATION%20OF%20MATERIAL%20SUBSIDIARIES.pdf", "label": "dxc.com", "score": 17.7469511808, "published": false}, {"hash": "iMf45n9tM6S", "uri": "https://investor.kfintech.com/wp-content/uploads/2022/07/KFintech_Material-Subsidiaries-Policy.pdf", "label": "investor.kfintech.com", "score": 17.1523409772, "published": false}, {"hash": "d1C83k6915A", "uri": "https://www.tvsscs.com/investor-relations/wp-content/uploads/2024/10/9.-Policy-for-Determination-of-Material-Subsidiary.pdf", "label": 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"8987c5abe3c8fcc3fae14c219182417a", "id": 2}, {"size": 5, "snippet_links": [{"key": "insolvency-act", "type": "definition", "offset": [4, 18]}, {"key": "insolvency-and-bankruptcy-code", "type": "definition", "offset": [44, 74]}, {"key": "rules-and-regulations", "type": "definition", "offset": [89, 110]}, {"key": "to-the-extent", "type": "clause", "offset": [123, 136]}], "snippet": "or \u201cInsolvency Act\u201d or \u201cIBC\u201d shall mean the Insolvency and Bankruptcy Code, 2016 and the rules and regulations thereunder (to the extent notified).", "samples": [{"hash": "355psbRX1lX", "uri": "/contracts/355psbRX1lX#insolvency-code", "label": "Debenture Trust Deed", "score": 25.0876112252, "published": true}, {"hash": "7LiEug6ErCA", "uri": "/contracts/7LiEug6ErCA#insolvency-code", "label": "Debenture Trust Deed", "score": 25.0369609856, "published": true}, {"hash": "7PwzvKhP1Ax", "uri": "/contracts/7PwzvKhP1Ax#insolvency-code", "label": "Debenture Trust Deed", "score": 25.0164271047, 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33.4325804244, "published": true}, {"hash": "1C90fxOlpBQ", "uri": "http://pdf.secdatabase.com/2045/0001558370-22-010044.pdf", "label": "pdf.secdatabase.com", "score": 11.2477754962, "published": false}], "hash": "4df6e39020a6794a3c5ce6bc3dd5ba7e", "id": 7}, {"size": 3, "snippet_links": [{"key": "insolvency-and-bankruptcy-code", "type": "definition", "offset": [10, 40]}, {"key": "rules-and-regulations", "type": "definition", "offset": [55, 76]}, {"key": "as-amended", "type": "definition", "offset": [96, 106]}, {"key": "from-time-to-time", "type": "clause", "offset": [107, 124]}], "snippet": "means the Insolvency and Bankruptcy Code, 2016 and the rules and regulations framed thereunder, as amended from time to time.", "samples": [{"hash": "2GaB4B5aQQu", "uri": "https://www.industowers.com/wp-content/themes/indus/pdf/21-22/Materiality-Policy.pdf", "label": "www.industowers.com", "score": 10.6878850103, "published": false}, {"hash": "11JZUSaLYWG", "uri": 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"size": 62, "snippet": "means the Insolvency and Bankruptcy Code, 2016.", "id": "insolvency-code", "examples": ["If a party becomes insolvent pursuant to \u00a7 94 of the German <strong>Insolvency Code</strong> (Insolvenzordnung, &quot;InsO&quot;), it is agreed that the accrued claims of the other party shall fall due upon the commencement of insolvency proceedings.", "The Obligor has taken or suffered to be taken any action towards its liquidation or dissolution or insolvency or towards reduction in its capital (including under the <strong>Insolvency Code</strong>), or if an order is made or an effective resolution passed for the winding-up or dissolution, judicial management or administration of the Obligor.", "As a prior action, the authorities will introduce amendments to the <strong>Insolvency Code</strong> to further simplify and accelerate the course of insolvency procedures involving SMEs. By end-June 2017, the authorities will assess the effectiveness of the legal and institutional framework for the household insolvency law (Law 3869/2010) and present a report with suggestions to address potential problems and shortcomings, especially the speed of processing of cases, the elimination of the risk of procedural abuses.", "Section 119 of the <strong>Insolvency Code</strong> shall not be prejudiced hereby.", "This subordination also applies to the final distribution of liquidation proceeds pursuant to \u00a7 199 German <strong>Insolvency Code</strong> in the event of an insolvency proceeding (Insolvenzverfahren).", "No insolvency proceedings against the Companies are pending (i.e., a court has formally commenced insolvency proceedings (Insolvenzverfahren eroffnet) in accordance with the German <strong>Insolvency Code</strong> (Insolvenzordung) or the corresponding procedure under applicable law or have been applied for by the Companies, or, to Sellers&#x27; Knowledge, have been applied for by any third party.", "German <strong>Insolvency Code</strong> (InsO) or any other comparable applicable insolvency Laws of other applicable jurisdictions.", "As of the date of this Agreement and as of Closing Date the Company and the Subsidiaries are not over-indebted (\u00fcberschuldet) or unable to pay their debts (zahlungsunf\u00e4hig) within the meaning of the German <strong>Insolvency Code</strong> (lnsolvenzordnung \u2013 \u201cInsO\u201d) or subject to any insolvency proceeding; no circumstances exist that would require or justify the opening of such proceedings in respect of the assets of the Company or a Subsidiary.", "The Secured Claims shall include in particular any claims for the payment of principal, interest, cost, fees or damages based on contract, unjust enrichment (ungerechtfertigte Bereicherung) or tort (Delikt), as well as any claims arising from the insolvency administrator\u2019s choice to fulfill mutual agreements according to \u00a7 103 <strong>Insolvency Code</strong> (Insolvenzordnung).", "The Management Board of the Seller Parent shall have obtained external legal and business advice regarding relevant insolvency considerations and has determined that the Seller Parent is neither \u201cilliquid\u201d (zahlungsunf\u00e4hig) nor \u201cover-indebted\u201d (\u00fcberschuldet) within the meaning of the relevant sections of the German <strong>Insolvency Code</strong> (Insolvenzordnung), and no third party shall have applied for the opening of insolvency proceedings (Insolvenzverfahren) with respect to the Seller Parent."], "related": [["insolvency-act", "Insolvency Act", "Insolvency Act"], ["insolvency-laws", "Insolvency Laws", "Insolvency Laws"], ["insolvency-law", "Insolvency Law", "Insolvency Law"], ["insolvency-proceedings", "Insolvency Proceedings", "Insolvency Proceedings"], ["bankruptcy-code", "Bankruptcy Code", "Bankruptcy Code"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}