No receiver Sample Clauses

The "No receiver" clause establishes that neither party to the agreement is currently subject to the appointment of a receiver, nor is there any ongoing process to appoint one. In practice, this means that both parties confirm their financial stability and that their assets are not under the control of a third-party receiver due to insolvency or legal proceedings. This clause helps assure each party that the other is not facing financial distress that could jeopardize the performance of contractual obligations, thereby reducing the risk of disruption or default.
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No receiver. No receiver or receiver and manager of any part of the undertaking or assets of the Company has been appointed.
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No receiver. No receiver (including an administrative receiver), liquidator, trustee, administrator, custodian or similar official has been appointed, to either the Parent’s or the Borrowers’ knowledge (having made due and careful inquiries), in any jurisdiction in respect of the whole or any part of the business or assets of either the Parent or the Borrowers, and, so far as each of the Parent and the Borrowers is aware (having made due and careful inquiries), no step has been taken with a view to the appointment of such a Person.
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No receiver. No administrator, administrative receiver or any other receiver or manager has been appointed by any person in respect of the Company, or all or any of its assets, and no steps have been taken to initiate any such appointment. No analogous appointments have been made nor initiated under any applicable laws of any other jurisdiction.
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No receiver. No administrative receiver or receiver and manager of the business or assets of either of the Companies or any part thereof has been appointed by any person and there is no unfulfilled or unsatisfied judgment or court order outstanding against either Company.
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No receiver. No receiver or receiver and manager of any part of the undertaking or assets of any member of the Company Group, has been appointed or is threatened or expected to be appointed and, to the Knowledge of the Sellers, there are no circumstances justifying an appointment.
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No receiver. No receiver (which expression shall include an administrative receiver) has been appointed over the whole or any part of the property, assets and/or undertaking of any Target Group Company.
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No receiver. No receiver (including an administrative receiver), liquidator, trustee, administrator, custodian or similar official has been appointed, to the Company’s knowledge (having made due and careful inquiries), in any jurisdiction in respect of the whole or any part of the business or assets of the Company, and, so far as the Company is aware (having made due and careful inquiries), no step has been taken with a view to the appointment of such a person.
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No receiver. No receiver or receiver and manager of any part of the undertaking or assets of a member of the DRD(loM) Group have been appointed. 13 Taxes and duties (a) Tax Laws (b) Accuracy of provisions (i) So far as DRD(Offshore) is aware, the provision for income tax liability of USD$5,268,000 that will be included in the 2005 audited accounts prepared in respect of DRD (porgera) Limited is adequate. 22892-1 (
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No receiver. No receiver or receiver and manager of any part of the undertaking or assets of any member of the Emperor Group has been appointed. 12 So far as Emperor is aware:
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Related to No receiver

  • No Recourse The Certificateholder by accepting a Certificate acknowledges that the Certificate represents a beneficial interest in the Trust only and does not represent interests in or obligations of the Seller, the Servicer, the Owner Trustee, the Trustee, or any Affiliate thereof and no recourse may be had against such parties or their assets, except as may be expressly set forth or contemplated in this Agreement, the Certificate or the Basic Documents.

  • No Recording Neither this Agreement or any memorandum or short form thereof may be recorded by Buyer.

  • No Recourse Against Others A director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Securities.

  • No Reinstatement The Executive agrees that he will not apply for reinstatement with the Company or seek in any way to be reinstated, re-employed or hired by the Company in the future.

  • No Refund In the event that a validity or non-infringement challenge of a Licensed Patent brought by ***** is successful, ***** will have no right to recoup any royalties paid before or during the period challenge.