Insolvency Proceedings definition

Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;
Insolvency Proceedings means the appointment of an administrator (other than in respect of any administrator appointed pursuant to the Administration Order), liquidator, provisional liquidator, receiver, administrative receiver or similar officer in respect of the Deed Company or any member of the Group DOCA Companies or the winding up, liquidation, provisional liquidation, dissolution, administration (other than in respect of any administration arising pursuant to the Administration Order), reorganisation, composition, compromise, or arrangement of or with the Deed Company or any Group DOCA Company or any equivalent or analogous appointment or proceedings under the law of any other jurisdiction;
Insolvency Proceedings means insolvency proceedings within the meaning of Article 2(j) of the Settlement Finality Directive;

Examples of Insolvency Proceedings in a sentence

  • Such notice period is not necessary, if (i) Partner has generally ceased to make payments, (ii) Partner is Insolvent or is subject to Insolvency Proceedings or (iii) there is reason to believe that observance of such notice period would adversely affect the retention of title, right or interest constituted with regard any or all the Reserved Assets.

  • Such right to terminate will be contingent upon Partner having provided evidence for Insolvency Proceedings taken by or against the relevant End User and SAP having confirmed, in SAP’s reasonable discretion, that the evidence provided by the Partner is satisfactory.

  • The Servicer is not the subject of any Insolvency Proceedings or Insolvency Event.

  • The Seller is not the subject of any Insolvency Proceedings or Insolvency Event.

  • The Borrower is not the subject of any Insolvency Proceedings or Insolvency Event.


More Definitions of Insolvency Proceedings

Insolvency Proceedings means insolvency proceedings as defined in Article 2(a) of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings.
Insolvency Proceedings means insolvency proceedings within the meaning of Article 2(j) of Directive 98/26/EC of the European Parliament and of the Council3,
Insolvency Proceedings means the winding-up, dissolution, company voluntary arrangement or administration of a company or corporation and shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or of any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, administration, arrangement, adjustment, protection or relief from creditors or the appointment of an Insolvency Official.
Insolvency Proceedings means the collective proceedings referred to in Article 1(1). These proceedings are listed in Annex A;
Insolvency Proceedings means, with respect to any Person, any case or proceeding with respect to such Person under U.S. federal bankruptcy laws or any other state, federal or foreign bankruptcy, insolvency, reorganization, liquidation, receivership or other similar laws, or the appointment, whether at common law, in equity or otherwise, of any trustee, custodian, receiver, liquidator or the like for all or any material portion of the property of such Person.
Insolvency Proceedings means any corporate action, legal proceedings or other step in relation to:
Insolvency Proceedings means the proceedings listed in Annex A;