Common use of Bankruptcy or Insolvency of Borrower Clause in Contracts

Bankruptcy or Insolvency of Borrower. i) The filing by the Borrower, or any Subsidiary of Borrower, of a voluntary petition in bankruptcy for adjudication as a bankrupt or insolvent, or the filing by the Borrower, or any Subsidiary of Borrower, of any petition or answer seeking or acquiescing in any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors, or the Borrower’s, or any Subsidiary of Borrower, seeking or consenting to or acquiescence in the appointment of any trustee, receiver or liquidator of the Borrower or of all of the rents, revenues, issues, earnings, profits or income thereof, or the making of any general assignment for the benefit of creditors, or the admission in writing of its inability to pay its debts generally as they become due; or

Bankruptcy or Insolvency of Borrower. i(a) The filing by the Borrower, Borrower (or any Subsidiary of Borrower, Guarantor) of a voluntary petition in bankruptcy for adjudication as a bankrupt or insolvent, or the filing by the Borrower, Borrower (or any Subsidiary of Borrower, Guarantor) of any petition or answer seeking or acquiescing in any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors, or the Borrower’s, Borrower (or any Subsidiary of Borrower, Guarantor) seeking or consenting to or acquiescence acquiescing in the appointment of any trustee, receiver or liquidator of the Borrower (or any Guarantor) or of all or any substantial part of the Property or of any or all of the rents, revenues, issues, earnings, profits or income thereof, or the making of any general assignment for the benefit of creditors, or the written admission in writing by Borrower (or any Guarantor) of its inability to pay its debts generally as they become due; or

Bankruptcy or Insolvency of Borrower. i(a) The filing by the Borrower, Borrower or any Subsidiary of Borrower, Guarantor of a voluntary or involuntary petition in bankruptcy for adjudication as a bankrupt or insolvent, or the filing by the Borrower, Borrower or any Subsidiary of Borrower, Guarantor of any petition or answer seeking or acquiescing in any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors, or the Borrower’s, Borrower or any Subsidiary of Borrower, Guarantor seeking or consenting to or acquiescence acquiescing in the appointment of any trustee, receiver or liquidator of the Borrower or Guarantor or of all or any substantial part of the Property or of any or all of the rents, revenues, issues, earnings, profits or income thereof, or the making of any general assignment for the benefit of creditors, or the written admission in writing by Borrower or Guarantor of its inability to pay its debts generally as they become due; or