Bankruptcy and Similar Proceedings Sample Clauses

Bankruptcy and Similar Proceedings. (i) Lessee shall consent to the appointment of a receiver, trustee or liquidator for itself or for a substantial part of its property; or
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Bankruptcy and Similar Proceedings i. Lessee shall consent to the appointment of a receiver, trustee or liquidator for itself or for a substantial part of its property and such appointment has a material adverse effect on the Lessee's ability to perform its obligations under this Agreement; or
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Bankruptcy and Similar Proceedings. The following are additional Events of Default, requiring no written notice or cure period:
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Bankruptcy and Similar Proceedings. (i) Lessee shall consent to the appointment of a receiver, trustee or liquidator for itself or for a substantial part of its property; (ii) Lessee shall admit in writing its inability to pay its debts generally as they become due, or Lessee shall make a general assignment for the benefit of creditors; (iii) Lessee shall file a voluntary petition in bankruptcy or a voluntary petition or answer seeking reorganization in a proceeding under any laws dealing with bankruptcy, insolvency, moratorium or creditors' rights generally (any or all of which are hereinafter referred to as "Bankruptcy Laws"), or an answer admitting the material allegations of a petition filed against Lessee in any such proceeding, or Lessee shall by voluntary petition or answer consent to or fail to oppose the seeking of relief under the provisions of any Bankruptcy Laws; (iv) any order, judgment or decree is entered by a court of competent jurisdiction appointing a receiver, trustee or liquidator of Lessee or a substantial part of its property, or ordering a substantial part of Xxxxxx's property to be
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Bankruptcy and Similar Proceedings. The commencement of any involuntary proceeding in bankruptcy or insolvency under federal or state law or the appointment of a receiver or an assignee for the benefit of creditors for a substantial portion of a Party’s assets which is not dismissed or terminated within ninety (90) days after its initiation; or the commencement of any voluntary proceeding in bankruptcy or insolvency under federal or state law shall be an Event of Default.
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Bankruptcy and Similar Proceedings. The following shall constitute Events of Default:
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Bankruptcy and Similar Proceedings. (i) a court of competent jurisdiction shall enter a decree or order for relief in respect of any Telewest Global Group Security Provider or any TCN Entity in an involuntary case under the Bankruptcy Code or under any other applicable US federal or state bankruptcy, insolvency or similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable U.S. federal or state law; or (ii) an involuntary case shall be commenced against any Telewest Global Group Security Provider or any TCN Entity under the Bankruptcy Code or under any other applicable US federal or state bankruptcy, insolvency or similar law now or hereafter in effect and such case shall not have been controverted within 30 days or dismissed within 60 days after its commencement; or
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Bankruptcy and Similar Proceedings. (i) the Lessee consents to the appointment of a custodian, receiver, trustee or liquidator of itself or all or any substantial part of the Lessee's property or the Lessee's consolidated property; or
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Bankruptcy and Similar Proceedings. The following are additional Events of Default, requiring no written notice or cure period, and the non-defaulting Party may terminate this Agreement immediately in the event of any of them:
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Related to Bankruptcy and Similar Proceedings

  • Proper Proceedings This Agreement, each other Credit Document and the transactions contemplated hereby and thereby shall have been authorized by all necessary corporate or other proceedings. All necessary consents, approvals and authorizations of any governmental or administrative agency or any other Person of any of the transactions contemplated hereby or by any other Credit Document shall have been obtained and shall be in full force and effect.

  • Bankruptcy, Insolvency or Reorganization Proceedings If an Event of Default specified under Section 9.1.12 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the Issuing Lender shall be under no obligation to issue Letters of Credit and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

  • No Actions, Suits or Proceedings No action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company or any of its subsidiaries or its or their property is pending or, to the best knowledge of the Company, threatened that (i) could reasonably be expected to have a Material Adverse Effect on the performance of this Agreement or the consummation of any of the transactions contemplated hereby or (ii) could reasonably be expected to result in a Material Adverse Effect.

  • No Bankruptcy Proceedings No Person shall have commenced a proceeding against the Company pursuant to or within the meaning of any Bankruptcy Law. The Company shall not have, pursuant to or within the meaning of any Bankruptcy Law, (a) commenced a voluntary case, (b) consented to the entry of an order for relief against it in an involuntary case, (c) consented to the appointment of a Custodian of the Company or for all or substantially all of its property, or (d) made a general assignment for the benefit of its creditors. A court of competent jurisdiction shall not have entered an order or decree under any Bankruptcy Law that (I) is for relief against the Company in an involuntary case, (II) appoints a Custodian of the Company or for all or substantially all of its property, or (III) orders the liquidation of the Company or any of its Subsidiaries.

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