Common use of Any Voluntary Bankruptcy; Insolvency; Dissolution Clause in Contracts

Any Voluntary Bankruptcy; Insolvency; Dissolution. (A) The filing of a petition by Borrower for relief under the Bankruptcy Reform Act of 1978 (11 U.S.C. § 101-1330) (“Bankruptcy Code”), or under any other present or future State or federal law regarding bankruptcy, reorganization or other debtor relief law; (B) the filing of any pleading or an answer by Borrower in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition's material allegations regarding Xxxxxxxx's insolvency; (C) a general assignment by Xxxxxxxx for the benefit of creditors; or

Any Voluntary Bankruptcy; Insolvency; Dissolution. (A) The filing of a petition by Borrower Grantee for relief under the Bankruptcy Reform Act of 1978 (11 U.S.C. § 101-1330) (“Bankruptcy Code”), or under any other present or future State or federal law regarding bankruptcy, reorganization or other debtor relief law; (B) the filing of any pleading or an answer by Borrower Grantee in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition's material allegations regarding Xxxxxxxx's Xxxxxxx’s insolvency; (C) a general assignment by Xxxxxxxx Xxxxxxx for the benefit of creditors; oror (D) Grantee applying for, or the appointment of, a receiver, trustee, custodian or liquidator of Grantee or any of its property;

Any Voluntary Bankruptcy; Insolvency; Dissolution. (A) The filing of a petition by Borrower for relief under the Bankruptcy Reform Act of 1978 (11 U.S.C. § 101-1330) (“Bankruptcy Code”), or under any other present or future State or federal law regarding bankruptcy, reorganization or other debtor relief law; (B) the filing of any pleading or an answer by Borrower in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition's material allegations regarding XxxxxxxxBorrower's insolvency; (C) a general assignment by Xxxxxxxx Borrower for the benefit of creditors; orthe