Bankruptcy or Insolvency. The Borrower or any of its Subsidiaries shall: (i) cease to be Solvent or generally fail to pay, or admit in writing its inability to pay, its debts as they become due; (ii) commence an Insolvency Proceeding; (iii) voluntarily cease to conduct its business in the ordinary course; or (iv) take any action to effectuate or authorize any of the foregoing;
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Samples: Credit Agreement (Tyson Foods Inc), 364 Day Credit Agreement (Tyson Foods Inc), 364 Day Credit Agreement (Tyson Foods Inc)
Bankruptcy or Insolvency. The Borrower or any of its Subsidiaries (other than an Inactive Subsidiary) shall:
(i) cease to be Solvent or generally fail to pay, or admit in writing its inability to pay, its debts as they become due;
(ii) commence an Insolvency Proceeding;
(iii) voluntarily cease to conduct its business in the ordinary course; or
(iv) take any action to effectuate or authorize any of the foregoing;
Appears in 2 contracts
Samples: Credit Agreement (Tyson Foods Inc), Credit Agreement (Tyson Foods Inc)
Bankruptcy or Insolvency. The Borrower or any of its Subsidiaries shall:
: (i) cease to be Solvent or generally fail to pay, or admit in writing its inability to pay, its debts as they become due;
; (ii) commence an Insolvency Proceeding;
; (iii) voluntarily cease to conduct its business in the ordinary course; or
or (iv) take any action to effectuate or authorize any of the foregoing;; (g)
Appears in 1 contract
Samples: Credit Agreement (Tyson Foods Inc)
Bankruptcy or Insolvency. The Borrower or any of its Subsidiaries shall:
(i) : cease to be Solvent or generally fail to pay, or admit in writing its inability to pay, its debts as they become due;
(ii) ; commence an Insolvency Proceeding;
(iii) ; voluntarily cease to conduct its business in the ordinary course; or
(iv) or take any action to effectuate or authorize any of the foregoing;
Appears in 1 contract
Samples: Credit Agreement (Tyson Foods Inc)
Bankruptcy or Insolvency. The Borrower or any of its Subsidiaries (other than an Inactive Subsidiary) shall:
(i) cease to be Solvent or generally fail to pay, or admit in writing its inability to pay, its debts as they become due;
(ii) commence an Insolvency Proceeding;
(iii) voluntarily cease to conduct its business in the ordinary course; or
(iv) take any action to effectuate or authorize any of the foregoing;
Appears in 1 contract
