Common use of Assignment for the Benefit of Creditors Clause in Contracts

Assignment for the Benefit of Creditors. Borrower, or any Subsidiary of Borrower, shall make a general assignment for the benefit of creditors; or

Appears in 3 contracts

Samples: Revolving Loan Agreement, Revolving Loan Agreement (Superior Uniform Group Inc), Revolving Loan Agreement (Superior Uniform Group Inc)

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Assignment for the Benefit of Creditors. Borrower, or any Subsidiary of Borrower, Borrower shall make a general assignment for the benefit of creditors; or

Appears in 2 contracts

Samples: Revolving Loan Agreement (Levitt Corp), Loan Agreement (Odyssey Marine Exploration Inc)

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