Common use of Assignment for Benefit of Creditors Clause in Contracts

Assignment for Benefit of Creditors. Should Borrower or any Guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 7 contracts

Samples: Business Loan Agreement (Premier Financial Bancorp Inc), Business Loan Agreement (Premier Financial Bancorp Inc), Business Loan Agreement (Premier Financial Bancorp Inc)

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Assignment for Benefit of Creditors. Should Borrower Grantor or any Guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 7 contracts

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc)

Assignment for Benefit of Creditors. Should Borrower Grantor, any Pledgor, or any Guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 1 contract

Samples: Commercial Security Agreement (Fair Grounds Corp)

Assignment for Benefit of Creditors. Should the Borrower or any Guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 1 contract

Samples: Credit Agreement (Piccadilly Cafeterias Inc)

Assignment for Benefit of Creditors. Should Borrower or any Guarantor guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 1 contract

Samples: Business Loan Agreement (Champion Industries Inc)

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Assignment for Benefit of Creditors. Should Borrower Grantor or any Guarantor file proceedings for a respite or make a general assignment for tor the benefit of creditors.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc)

Assignment for Benefit of Creditors. Should Borrower Borrower, Grantor, or any Guarantor file proceedings for a respite or make a general assignment for the benefit of creditors.

Appears in 1 contract

Samples: Loan Agreement (Midsouth Bancorp Inc)

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