Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(iv): Difference between revisions

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{{eqderivprov|12.9(a)(iv)}}"{{eqderivprov|Insolvency Filing}}" means that the Issuer institutes or has instituted against it by <br>a regulator, supervisor or any similar official with primary insolvency, rehabilitative or <br>regulatory jurisdiction over it in the jurisdiction of its incorporation or organization or the <br>jurisdiction of its head or home office, or it consents to a proceeding seeking a judgment of <br>insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other <br>similar law affecting creditors' rights, or a petition is presented for its winding-up or liquidation <br>by it or such regulator, supervisor or similar official or it consents to such a petition, provided <br>that proceedings instituted or petitions presented by creditors and not consented to by the Issuer <br>shall not be deemed an Insolvency Filing; <br>
{{eqderivprov|12.9(a)(iv)}}"'''{{eqderivprov|Insolvency Filing}}'''" means that the Issuer institutes or has instituted against it by <br>a regulator, supervisor or any similar official with primary insolvency, rehabilitative or <br>regulatory jurisdiction over it in the jurisdiction of its incorporation or organization or the <br>jurisdiction of its head or home office, or it consents to a proceeding seeking a judgment of <br>insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other <br>similar law affecting creditors' rights, or a petition is presented for its winding-up or liquidation <br>by it or such regulator, supervisor or similar official or it consents to such a petition, provided <br>that proceedings instituted or petitions presented by creditors and not consented to by the Issuer <br>shall not be deemed an Insolvency Filing; <br>