Insolvency Proceeding Definition Example

This example Insolvency Proceeding definition appears in 2 contracts from 1 company

Insolvency Proceeding. Shall mean any proceeding commenced by or against any person under any provision of the United States Bankruptcy Code, or under any other bankruptcy or insolvency law, including assignments for the benefit of creditors, formal or informal moratoria, compositions, or proceedings seeking reorganization, arrangement, or other similar relief for debtors.
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