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Template:Nutshell 1992 ISDA 5(a)(vii): Difference between revisions
Template:Nutshell 1992 ISDA 5(a)(vii) (view source)
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::(3) '''Composition with Creditors''': makes a [[composition]] its [[creditor|creditors]]; | ::(3) '''Composition with Creditors''': makes a [[composition]] its [[creditor|creditors]]; | ||
::(4) '''Insolvency Proceedings''': suffers [[insolvency]] proceedings which: | ::(4) '''Insolvency Proceedings''': suffers [[insolvency]] proceedings which: | ||
:::(I) result in a winding up order; or | |||
:::(II) are not discharged within 30 days; | |||
::(5) '''Voluntary Winding Up''': resolves to wind itself up (other than by [[merger]]); | ::(5) '''Voluntary Winding Up''': resolves to wind itself up (other than by [[merger]]); | ||
::(6) '''Put in Administration''': has an administrator, provisional liquidator, or similar appointed for it or for [[substantially all]] its assets; | ::(6) '''Put in Administration''': has an administrator, provisional liquidator, or similar appointed for it or for [[substantially all]] its assets; | ||