Insolvency Proceeding Definition Example with 4 Variations
This page contains an example definition of Insolvency Proceeding, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Insolvency Proceeding. Shall mean and includes any proceeding or case commenced by or against Borrower, or any guarantor of Borrower's Indebtedness, or any of Borrower's account debtors, under any provisions of the Bankruptcy Code, as amended, or any other bankruptcy or insolvency law, including, but not limited to assignments for the benefit of creditors, formal or informal moratoriums, composition or extensions with some or all creditors, any proceeding seeking a reorganization, arrangement or any other relief...
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Variations
Insolvency Proceeding. Shall shall mean and includes Includes any proceeding or case commenced by or against the Borrower, or any guarantor of Borrower's Indebtedness, or any of Borrower's account debtors, Indebtedness under 4 5 any provisions of the Bankruptcy Code, as amended, or any other bankruptcy or insolvency law, including, including but not limited to assignments for the benefit of creditors, formal or informal moratoriums, composition or extensions with some or all creditors, any proceeding seeking a...
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Found in
SIPEX CORP contract
Insolvency Proceeding. Shall mean as used in this Agreement means and includes any proceeding or case commenced by or against the Borrower, or any guarantor of Borrower's Indebtedness, Obligations, or any of Borrower's account debtors, under any provisions of the Bankruptcy Code, as amended, or any other bankruptcy or insolvency law, including, including but not limited to assignments for the benefit of creditors, formal or informal moratoriums, composition or extensions with some or all creditors, any proceeding...
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Found in
Masimo contract
Insolvency Proceeding. Shall shall mean and includes any proceeding or case commenced by or against Borrower, or any guarantor of Borrower's Indebtedness, or any of Borrower's account debtors, under any provisions of the United States Bankruptcy Code, as amended, or any other bankruptcy or insolvency law, including, but not limited to assignments for the benefit of creditors, formal or informal moratoriums, composition or extensions with some or all creditors, any proceeding seeking a reorganization, arrangement or...
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Found in
Andalay Solar, Inc. contract
Insolvency Proceeding. Shall shall mean and includes any proceeding or case commenced by or against Borrower, or any guarantor of Borrower's Indebtedness, or any of Borrower's account debtors, under any provisions of the Bankruptcy Code, as amended, or any other bankruptcy or insolvency law, including, but not limited to assignments for the benefit of creditors, formal or informal moratoriums, composition or extensions with some or all creditors, any proceeding seeking a reorganization, arrangement or any other...
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Found in
CHORDIANT SOFTWARE INC contract