Assignments for Benefit of Creditors, Etc. The Company or any Subsidiary makes an assignment for the benefit of its creditors, or admits its inability to pay its debts as they become due, or consents to the appointment of a receiver, custodian, trustee or liquidator of the Company or any Subsidiary or of all or any part of its respective Property; or
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Samples: Subscription Agreement (Coastal Corp), Subscription Agreement (Intelect Communications Systems LTD)
Assignments for Benefit of Creditors, Etc. The the Company or any Restricted Subsidiary makes an assignment for the benefit of its creditorscreditors generally, is generally not paying its debts as they become due, or admits in writing its inability to pay its debts generally as they become due, or consents to the appointment of a custodian, receiver, custodian, trustee or liquidator of the Company or any Subsidiary of such Persons, or of all or any part of its respective Propertythe Property of any of such Persons; or
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