Template:Nutshell Equity Derivatives 12.9(a)(iv): Difference between revisions
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::{{eqderivprov|12.9(a)(iv)}} “'''{{eqderivprov|Insolvency Filing}}'''” means that the {{eqderivprov|Issuer}} commences or agrees to [[insolvency]] proceedings or a [[winding-up petition]] (or has one instituted against it by a regulator or insolvency administrator). Non-consensual action taken by creditors | ::{{eqderivprov|12.9(a)(iv)}} “'''{{eqderivprov|Insolvency Filing}}'''” means that the {{eqderivprov|Issuer}} commences or agrees to [[insolvency]] proceedings or a [[winding-up petition]] (or has one instituted against it by a regulator or insolvency administrator). Non-consensual insolvency action taken by creditors is '''not''' an {{eqderivprov|Insolvency Filing}}; | ||
Latest revision as of 10:17, 27 March 2020
- 12.9(a)(iv) “Insolvency Filing” means that the Issuer commences or agrees to insolvency proceedings or a winding-up petition (or has one instituted against it by a regulator or insolvency administrator). Non-consensual insolvency action taken by creditors is not an Insolvency Filing;