Übersetzung für "Insolvency petition" in Deutsch

The Company is entitled to rescind the contract or parts of the contract by written declaration if the Customer becomes unable to pay, overindebted, ceases payments or files an insolvency petition.

In the case of cessation of payment, insolvency petition of the customer or if the customer is in default of payment, the powers to resell the reserved goods and collect the customer’s receivables shall expire automatically.

In the case of default of payment, failure to honour a cheque or bill of exchange, in the case of insolvency petition, cessation of payments or if EFAFLEX learns of facts which reveal a significant deterioration of the financial circumstances of the customer, EFAFLEX may deliver at its choice only against cash on delivery or only against cash in advance and demand immediate payment of all receivables under the business relationship which are not yet due for payment, even if cheques or bills of exchange were accepted for such receivables.

The Czech Insolvency Register is administered by the Ministry of Justice of the Czech Republic and contains all information about Czech legal entities and individuals in respect of which an insolvency petition has been filed or any insolvency proceedings are pending.

To prevent abusive forum shopping, the presumption of the COMI at the seat of the legal entity does not apply if the debtor has relocated its corporate seat within the three-month period prior to the insolvency petition.

Moreover, the information that an insolvency petition has been filed is also important for Czech entrepreneurs with view to the 15-day time limit for filing an application to declare a moratorium.

In a related change, an insolvency administrator may no longer be ruled out as insufficiently independent simply because he or she was proposed by the debtor or a creditor or had generally advised the debtor prior to the filing of the insolvency petition.

The same shall apply if insolvency proceedings are petitioned on the Buyer's estate.

The same shall apply if insolvency proceedings are petitioned on the estate of the Buyer.

We are entitled to withdraw from the contract if insolvency proceedings are petitioned for or granted or if the supplier ceases payments or his company goes into voluntary or compulsory liquidation.

In the event of insolvency, the petitioning or opening of insolvency proceedings (with any rights of the insolvency receiver remaining unaffected in accordance with the German Bankruptcy Act (InsO)) or in the event of judicial composition proceedings, the right to resell, use or install reserved goods and the power of authority to make collections shall duly lapse.

In the event of insolvency, the petitioning or opening of insolvency proceedings (with any rights of the insolvency receiver remaining unaffected in accordance with the German Bankruptcy Act (InsO)) or in the event of judicial composition proceedings, the right to resell, use or install reserved goods and the power of authority to make collections shall duly lapse.