Common use of Construction of certain terms Clause in Contracts

Construction of certain terms. In this Guarantee: “bankruptcy” includes a liquidation, receivership or administration and any form of suspension of payments, arrangement with creditors or reorganisation under any corporate or insolvency law of any country;

Appears in 9 contracts

Sources: Supplemental Agreement (TBS International PLC), Supplemental Agreement (TBS International PLC), Guarantee (TBS International PLC)

Construction of certain terms. In this Guarantee: "bankruptcy" includes a liquidation, receivership or administration and any form of suspension of payments, arrangement with creditors or reorganisation under any corporate or insolvency law of any country;

Appears in 3 contracts

Sources: Guarantee (EuroDry Ltd.), Guarantee (Box Ships Inc.), Shareholder Guarantee (Britannia Bulk Holdings Inc)

Construction of certain terms. In this Guarantee: “bankruptcy” includes a liquidation, receivership or administration and any form of suspension of payments, arrangement with creditors or reorganisation under any corporate or insolvency law of any country;.

Appears in 1 contract

Sources: Guarantee (Performance Shipping Inc.)

Construction of certain terms. In this Guarantee: ‘‘bankruptcy” includes a liquidation, receivership or administration and any form of suspension of payments, arrangement with creditors or reorganisation under any corporate or insolvency law of any country;

Appears in 1 contract

Sources: Guarantee (Prestige Cruises International, Inc.)