Common use of An Obligor Clause in Contracts

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. (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 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.;

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. (i) is unable or admits inability to pay its debts as they fall duedue under applicable law; (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. (ia) is unable or admits inability to pay its debts as they fall due;; or (iib) is deemed to, because of current or is declared to, be unable to pay its debts under applicable law;anticipated financial difficulties: (iiii) suspends or threatens to suspend making payments on any of its debts; or (ivii) by reason of actual proposes or anticipated financial difficulties, commences starts negotiations with one or more of its creditors (excluding any Finance Party in its capacity as such) with a view to rescheduling reschedule any of its indebtedness.

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 (iviii) by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors (excluding any Finance Party the Lender in its capacity as such) with a view to rescheduling any of its indebtedness.

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 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.