Examples of Insolvency representative in a sentence
In any of the circumstances referred to in clause7.1.3, neither the Customer nor its Insolvency representative or any other person acting for the Customer and/or its creditors is entitled to sell, charge, remove, dispose of, use or otherwise deal with the Goods in any way inconsistent with the Company’s interest in the Goods, without the Company’s prior written approval.
The Customer, its Insolvency representative or any other person acting for or on behalf of the Customer and/or its creditors is obliged to re-deliver the Goods to the Company immediately or immediately on his appointment at its or his expense.
INSOLVENCY REPRESENTATIVES For the purposes of this section, Insolvency representative is a person or body authorized in insolvency proceedings to administer, supervise, oversee or monitor a reorganization or a liquidation proceeding of an insolvency estate.
Insolvency representative are instructed to provide the Office with substantiated information in writing and with all supporting documentation related to their handling of proceedings, together with any other documents that the Office may need to be able to fulfil its oversight functions.