Common use of Bankruptcy Proceedings Clause in Contracts

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 13 contracts

Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Sun Communities Inc), Guaranty (VMS National Properties Joint Venture)

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Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 8 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Bre Properties Inc /Md/), Master Credit Facility Agreement (Education Realty Trust, Inc.)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 5 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itany such party;

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower, Sun or the OP under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against such Borrower, IDOT Guarantor or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower or Sunrise under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sunrise Assisted Living Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against any Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;or

Appears in 1 contract

Samples: Master Reimbursement Agreement (Avalon Properties Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor it under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Town & Country Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor the Key Principal, any Borrower or any General Partner under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itthe Key Principal, any Borrower or any General Partner;

Appears in 1 contract

Samples: Master Reimbursement Agreement (Mid America Apartment Communities Inc)

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Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor as debtor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Key Principal Guaranty and Indemnity Agreement (Senior Housing Properties Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Owner, General Partner, Operating Partnership or Ambassador REIT under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Master Reimbursement Agreement (Ambassador Apartments Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Owner, General Partner or any Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Master Reimbursement Agreement (Apartment Investment & Management Co)

Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itBorrower or Guarantor;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Education Realty Trust, Inc.)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower, Sun or OP under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sun Communities Inc)

Bankruptcy Proceedings. The commencement of any ---------------------- proceedings by or against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Agreement (United Dominion Realty Trust Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or ---------------------- against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Samples: Credit Facility Agreement (United Dominion Realty Trust Inc)

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