Common use of Arrangements with Creditors Clause in Contracts

Arrangements with Creditors. Neither the Seller nor any Target Group Company has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.

Arrangements with Creditors. Neither the Seller Seller, the Seller’s Guarantor nor any Substantial Target Group Company Entity has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.

Arrangements with Creditors. Neither the Seller nor any Target Group the Company has entered into, or taken steps or proposed to enter into, any arrangement, compromise or composition with or assignment for the benefit of its creditors or a class of them.