Examples of Insolvent in a sentence
The second is called the Insolvent Liquidation Act and governs the liquidation and dissolution of insolvent companies.
Termination: We may terminate your access to the Products and Services immediately if: ● You are in material breach of the Customer Agreement; ● You have been notified of a breach and you have failed to remedy it within the time requested; ● You become Insolvent; ● We are required to by law or a competent authority; ● We reasonably suspect fraud or attempted fraud; ● For security reasons; or ● You ask us to.
The Company and its Subsidiaries, individually and on a consolidated basis, are not as of the date hereof, and after giving effect to the transactions contemplated hereby to occur at the Closing, will not be Insolvent (as defined below).
The Company and its Subsidiaries, individually and on a consolidated basis, are not as of the date hereof, and after giving effect to the transactions contemplated hereby to occur at each Closing, will not be Insolvent (as defined below).