Insolvency or Liquidation Proceeding

Insolvency or Liquidation Proceeding. Means (a) any insolvency or bankruptcy case or proceeding (including any case under the Bankruptcy Code), or any receivership, custodianship, liquidation, reorganization or other similar case or proceeding, relative to any Debtor or any Turnover Subsidiary, or to the assets of any Debtor or any Turnover Subsidiary, (b) any liquidation, dissolution, reorganization or winding up of any Debtor or any Turnover Subsidiary, whether voluntary or involuntary and whether or not involving solvency or... bankruptcy, (c) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of any Debtor or any Turnover Subsidiary, or (d) any sale, transfer or other disposition of all or substantially all of the assets of any Debtor or any Turnover Subsidiary in connection with any of the foregoing. View More

Insolvency or Liquidation Proceeding. Means (a) any voluntary or involuntary case or proceeding under any Bankruptcy Law with respect to any Obligor, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to any Obligor or with respect to any of their respective assets, (c) any voluntary or involuntary liquidation, dissolution, reorganization or winding up of any Obligor, whether voluntary... or involuntary and whether or not involving insolvency or bankruptcy, or (d) any voluntary or involuntary assignment to or for the benefit of creditors or any other marshaling of assets and liabilities of any Obligor. View More

Insolvency or Liquidation Proceeding. Shall mean (i) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding, relative to the Company or to its creditors, as such, or to its assets, or (ii) any liquidation, dissolution, reorganization or winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (iii) any assignment for the benefit of creditors or any other marshaling of assets and liabilities of... the Company. View More

Insolvency or Liquidation Proceeding. Shall mean: (a) any case commenced by or against the Corporation under any Bankruptcy Law, any other proceeding for the reorganization, recapitalization or adjustment or marshalling of the assets or liabilities of the Corporation, any receivership or assignment for the benefit of creditors relating to the Corporation or any similar case or proceeding relative to the Corporation, its creditors or its equity holders, as such, in each case whether or not voluntary; (b) any liquidation,... dissolution, marshalling of assets or liabilities or other winding up of or relating to the Corporation, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or (c) any other proceeding of any type or nature in which substantially all claims of creditors of or equity interests in the Corporation are determined and any payment or distribution is or may be made on account of such claims or interests. View More