Insolvency Proceeding Definition Example

This example Insolvency Proceeding definition appears in 2 contracts from 2 companies

Insolvency Proceeding. Is any proceeding by or against any Person under the United States Bankruptcy Code, or any other bankruptcy or insolvency law, including assignments for the benefit of creditors, compositions, extensions generally with its creditors, or proceedings seeking reorganization, arrangement, or other relief.
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