Bankruptcy Events. If at any time during the term of this Lease there shall be filed by or against Tenant in any court pursuant to any statute either of the United States or of any state a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee of all or a portion of Tenant’s property, or if a receiver or trustee takes possession of any of the assets of Tenant, or if the leasehold interest herein passes to a receiver, or if Tenant makes an assignment for the benefit of creditors or petitions for or enters into an arrangement (any of which are referred to herein as “a bankruptcy event”), then the following provisions shall apply:
Bankruptcy Events. No obligation of the Contributor under this Agreement shall be altered, limited or affected by any Bankruptcy Event relating to the Company or Pledgor, or by any defense which the Company may have by reason of any order, decree or decision of any court or administrative body resulting from any such Bankruptcy Event.
Bankruptcy Events. Any authority of the Board with respect to (a) a case or proceeding to which the Company or any Subsidiary of the Company is a party under any applicable federal, state or foreign bankruptcy, insolvency or other similar law now or hereafter in effect (“Bankruptcy Laws”); (b) the consent to the entry of relief against the Company or any Subsidiary of the Company; (c) the consent to the appointment of a receiver, liquidator, or other similar official, including any assignee, trustee, custodian or sequestrator under any Bankruptcy Laws, or the taking possession by any such official of any substantial part of the property of the Company or any Subsidiary of the Company; or (d) the taking of any corporate action in furtherance of any of the foregoing (each, a “Bankruptcy Event”) shall be exercised by a Special Bankruptcy Committee constituted pursuant to Section 4.3
Bankruptcy Events. No Bankruptcy Event has been initiated by it or occurred in respect of it, and to its knowledge, after due inquiry, no Bankruptcy Event has been threatened against it.
Bankruptcy Events. Section 5.1 Rights upon the Occurrence of a Bankruptcy Event
Bankruptcy Events. The occurrence of any Bankruptcy Event suffered by the Pledgor, the Borrower, the Project Owner, the Procurement Sub or any other Material Project Participant.
Bankruptcy Events. Prior to the Payment Date, the Tranche C Lenders, with respect to the Lender Obligations in favor of the Tranche C Lenders, will not commence or join with any other creditor or creditors of the Borrower or a Borrower Subsidiary in commencing any Bankruptcy Event other than as a party to this Agreement. In the event of a Bankruptcy Event, then and in any such event and from and after such event:
(a) The A/B Lenders shall be entitled to receive payment in full of all amounts due on or in respect of all A/B Loans in cash or cash equivalents or in a manner satisfactory to the Agent, before the Tranche C Lenders are entitled to receive any payment or distribution of any kind or character, or a Borrower Subsidiary.
(b) Any payment or distribution of assets of the Borrower or a Borrower Subsidiary of any kind or character, whether in cash, property or securities, by setoff or otherwise, to which the Tranche C Lenders would be entitled but for the provisions of this Agreement shall be paid by the liquidating trustee or agent or other Person making such payment or distribution, whether a trustee in bankruptcy, a receiver or liquidating trustee or otherwise, directly to the Agent on behalf of the A/B Lenders according to the aggregate amounts remaining unpaid on account of the A/B Loans held or represented by each, to the extent necessary to make payment in full of all A/B Loans in cash or cash equivalents remaining unpaid, after giving effect to any concurrent payment or distribution to the A/B Lenders with such payments being made in the order and pursuant to the terms of this Agreement.
(c) In the event that, notwithstanding the foregoing provisions of this Agreement, the Tranche C Lenders shall have received any payment or distribution of assets of the Borrower or a Borrower Subsidiary of any kind or character, except as provided in Section 17.1, whether in cash, property or securities in respect of Tranche C before the Payment Date, then and in such event such payment or distribution shall be received and shall be paid over or delivered forthwith to the Agent;
(d) The Tranche C Lenders, with respect to the Lender Obligations in favor of the Tranche C Lenders, will not, without the prior written consent of the A/B Lenders: (i) vote for a plan in any Bankruptcy Proceedings not supported by the Agent; (ii) object to or oppose any motions by the Agent for a cash collateral order on terms proposed by the Agent; (iii) seek or move to obtain the appointment of a trust...
Bankruptcy Events. (A) Borrower or any Principal filing a voluntary petition under the Bankruptcy Code or any other Federal or state bankruptcy or insolvency law;
(B) the filing of an involuntary petition against Borrower or any Principal (other than by Lender or an Affiliate of Lender) under the Bankruptcy Code or any other Federal or state bankruptcy or insolvency law in which Borrower or any Principal or Guarantor colludes with, or otherwise assists such Person, or solicits or causes to be solicited petitioning creditors for any involuntary petition against Borrower or any Principal from any Person;
(C) Borrower or any Principal filing an answer consenting to or joining in any involuntary petition filed against it by any other Person under the Bankruptcy Code or any other Federal or state bankruptcy or insolvency law, other than at the request of Lender;
(D) Borrower or any Principal consenting to or joining in an application for the appointment of a custodian, receiver, trustee, or examiner for Borrower or any Principal or any portion of the Property (or any portion thereof), other than at the request of Lender;
(E) Borrower or any Principal making an assignment for the benefit of creditors, or admitting in writing in any insolvency or bankruptcy proceeding, its insolvency or inability to pay its debts as they become due, other than at the request of Lender (unless failure to make such admission would be a violation of law, or in the context of required financial reporting or settlement discussions with Lender);
Bankruptcy Events. If Lessee suffers a Bankruptcy Event, Lessor shall have the right to unilaterally make reasonable modifications to the payment terms set forth in Section 4 of this Lease at any time after such Bankruptcy Event. Lessor shall promptly notify Lessee of any such modifications to the payment terms of this Lease. For purposes of this Lease, “Bankruptcy Event” shall mean (i) the making by Lessee of any general assignment, or general arrangement for the benefit of creditors; (ii) the filing by or against Lessee of a petition to have Lessee adjudged a bankrupt or a petition for reorganization or arrangement under any law relating to bankruptcy; (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease.
Bankruptcy Events. Tenant or any guarantor of Tenant's obligations hereunder: (i) admits in writing its inability to pay debts generally as they become due; (ii) files a petition in bankruptcy or for reorganization or for the adoption of an arrangement under the Bankruptcy Act (as now existing or in the future amended), or an answer or other pleading admitting the material allegations of such a petition or seeking, consenting to or acquiescing in the relief provided for under such Act; (iii) makes an assignment of all or a substantial part of its property for the benefit of its creditors; (iv) seeks or consents to or acquiesces in the appointment of a receiver or trustee for all or a substantial part of its property or of the Demised Premises; (v) is adjudicated a bankrupt or insolvent; or (vi) is the subject of the entry of a court order without its consent, which order shall not be vacated, set aside or stayed within sixty (60) days from the date of entry, appointing a receiver or trustee for all or a substantial part of its property or approving a petition filed against it for the effecting of an arrangement in bankruptcy or for a reorganization pursuant to the Bankruptcy Act or for any other judicial modification or alteration of the rights of creditors.
