Common use of Guarantor replacement events Clause in Contracts

Guarantor replacement events. In this clause 3.23 references to a 'guarantor replacement event' are references, in the case of an individual, to death, bankruptcy, having a receiving order made against him or having a receiver appointed under the Mental Health ▇▇▇ ▇▇▇▇, and, in the case of a company, to passing a resolution to wind up, entering into liquidation or having a receiver appointed (save for amalgamation or reconstruction of a solvent company)

Appears in 1 contract

Sources: Lease Agreement

Guarantor replacement events. In this clause 3.23 3.20 references to a 'guarantor replacement event' are references, in the case of an individual, to death, bankruptcy, having a receiving order made against him or him, having a receiver appointed under the Mental Health ▇▇▇ ▇▇▇▇, Act 1983 or entering into a voluntary arrangement and, in the case of a company, to passing a resolution to wind up, entering into liquidation liquidation, a voluntary arrangement or administration or having a receiver appointed (save for amalgamation or reconstruction of a solvent company)appointed.

Appears in 1 contract

Sources: Service Agreement (Yelp Inc)

Guarantor replacement events. In this clause 3.23 references to a 'guarantor replacement event' are references, in the case of an individual, to death, bankruptcy, having a receiving order made against him or him, having a receiver appointed under the Mental Health ▇▇▇ ▇▇▇▇, Act 1983 or entering into a voluntary arrangement and, in the case of a company, to passing a resolution to wind up, entering into liquidation liquidation, a voluntary arrangement or administration or having a receiver appointed (save for amalgamation or reconstruction of a solvent company)appointed.

Appears in 1 contract

Sources: Lease (Lionbridge Technologies Inc /De/)