Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Borrower or any of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Borrower or any of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.
Appears in 1 contract
Samples: Credit Agreement (Dyncorp)
Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Borrower Company or any of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Borrower Company or any of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.
Appears in 1 contract
Samples: Insilco Corp/De/
Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Parent or against Borrower or any of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged dismissed within sixty (60) days after commencement of the case; , or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Parent or in respect of Borrower or any of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local state or foreign law.
Appears in 1 contract
Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Borrower Company or any of its the Company's Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty forty-five (6045) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Borrower Company or any of its the Company's Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.
Appears in 1 contract
Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Borrower Holdings or any of its Subsidiaries Borrower and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Borrower Holdings or any of its Subsidiaries Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.
Appears in 1 contract
Appointment of Receiver, etc. (i) An involuntary case shall be commenced against the Borrower Holdings or any of its Subsidiaries Borrower and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; , or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Borrower Holdings or any of its Subsidiaries Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.
Appears in 1 contract