Proceeding for Relief definition
Proceeding for Relief shall have the meaning set forth in Section 16.1(f) hereof.
Proceeding for Relief means any case, proceeding or other action seeking to have an order for relief entered on a party’s behalf as a debtor or to adjudicate it as bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of it or its debts or seeking appointment of a receiver, trustee, custodian or other similar official for it or for all or of any substantial part of its property.