An Obligor Sample Clauses

An Obligor. (i) is unable or admits inability to pay its debts as they fall due; (ii) is deemed to, or is declared to, be unable to pay its debts under applicable law; (iii) suspends or threatens to suspend making payments on any of its debts; or (iv) by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors (excluding any Finance Party in its capacity as such) with a view to rescheduling any of its indebtedness.

An Obligor is unable or admits inability to pay its debts as they fall due;

An Obligor. (i) is unable or admits inability to pay its debts as they fall due; or (ii) suspends making payments on any of its debts due to it being unable to pay its debts.

An Obligor. 24.6.1.1 is unable or admits inability to pay its debts as they fall due; 24.6.1.2 suspends making payments on any of its debts; or 24.6.1.3 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness.

An Obligor. (i) voluntarily commences any proceeding or files any proposal or petition, or notice thereof, including, without limitation, a notice of intention under the Bankruptcy and Insolvency Act (Canada) (the "BIA"), seeks relief under the BIA, the Companies' Creditors Arrangement Act (Canada), the U.S. Bankruptcy Code or any other federal, state, provincial or other bankruptcy, insolvency or similar law; (ii) consents to the institution of, or fails to controvert in a timely and appropriate manner, any such proceeding, or the filing of any such petition; (iii) applies for or consents to the appointment of a receiver, trustee, custodian, sequestrator or similar official for such Obligor or any Subsidiary or such Obligor, or for a substantial part of its property; (iv) files an answer admitting the material allegations of a petition filed against it at any such proceeding; (v) makes a general assignment for the benefit of creditors; (vi) becomes unable, admits in writing its inability or fails generally, to pay its debts as they become due, or (vii) takes action for the purpose of effecting any of the foregoing.

An Obligor. SIGNED by MATCHCOM TELECOMMUNICATION INC acting by the following person(s) who, in accordance with the laws of its territory of incorporation, is/are acting under the actual authority of such party ) ) ) ) ) )/s/ Xxxxxxx Xxxxxx Xxxxxxx Xxxxxx, Director

An Obligor. (i) is unable or admits inability to pay its debts as they fall due for the purposes of section 123(1) or section 123(2) of the Insolvency Act 1986; (ii) suspends or threatens to suspend making payments on any of its debts; or (iii) by reason of actual or anticipated financial difficulties, commences formal negotiations with one or more of its creditors (excluding the Agent or the Security Trustee in its capacity as such) with a view to rescheduling any of its indebtedness; or

An Obligor or Senior Obligor is, pursuant to a final judicial decision or arbitral award, under an obligation to pay amounts to third parties which overall exceed Euro 20,000,000 (or its equivalent in other currency) and which are not insured in whole or in part by insurance policies such that the part payable which is not incurred exceeds the said threshold.

An Obligor. (or the relevant Cash Manager on its behalf) (or, following the commencement of a Standstill Period, the Borrower Standstill Cash Manager) (or, following delivery an Acceleration Notice, the Borrower Security Trustee or any Receiver appointed by the Borrower Security Trustee) and the Account Bank may, from time to time, agree, in writing, rules governing the operation of the Borrower Accounts in order to resolve administration problems and facilitate the operation of this Agreement.

An Obligor. (i) is unable or admits inability to pay its debts as they fall due; (ii) is deemed to, or is declared to, be unable to pay its debts under applicable law; (iii) suspends or threatens to suspend making payments on any of its debts; (iv) by reason of actual or anticipated financial difficulties, commences formal negotiations with one or more of its creditors (excluding any Finance Party in its capacity as such) with a view to rescheduling any of its indebtedness; or (v) is the subject of a bankruptcy petition or order;