Common use of Bankruptcy Clause in Contracts

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 108 contracts

Sources: Convertible Note (Royale Energy Holdings, Inc.), Convertible Note (Royale Energy Holdings, Inc.), Convertible Note (Royale Energy Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 71 contracts

Sources: Subscription Agreement (Vizario Inc), Convertible Note (Ibiz Technology Corp), Unsecured Convertible Note (Xechem International Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 thirty (30) days of initiation.

Appears in 54 contracts

Sources: Convertible Debenture (Caro Holdings Inc.), Convertible Debenture (Caro Holdings Inc.), Convertible Debenture (Caro Holdings Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 30 contracts

Sources: Subscription Agreement (Valcent Products Inc.), Secured Convertible Note (Dalrada Financial Corp), Secured Convertible Note (Dalrada Financial Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 forty-five (45) days of initiation.

Appears in 23 contracts

Sources: Advisory Services Agreement (Coconnect Inc), Secured Convertible Note (Voip Inc), Convertible Note (Voip Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 sixty (60) days of initiation.

Appears in 22 contracts

Sources: Subordinated Convertible Note (Accident Prevention Plus Inc), Subordinated Convertible Note (Accident Prevention Plus Inc), Subordinated Convertible Note (Accident Prevention Plus Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and and, if instituted against Borrower are it, shall not be dismissed within 45 thirty (30) days of initiationthereafter.

Appears in 21 contracts

Sources: Credit Agreement (Omp Inc), Credit Agreement (Tekelec), Credit Agreement (Motorvac Technologies Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 days of initiation.

Appears in 20 contracts

Sources: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Assignment and Escrow Agreement (Attitude Drinks Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company and if instituted against Borrower Company are not dismissed within 45 sixty (60) days of initiation.

Appears in 15 contracts

Sources: Promissory Note (Foxo Technologies Inc.), Convertible Note (Usa Equities Corp.), Subscription Agreement (Air Industries Group)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 thirty (60) days of initiation.

Appears in 10 contracts

Sources: Debenture Agreement (Thinspace Technology, Inc.), Convertible Debenture (Thinspace Technology, Inc.), Convertible Debenture (Thinspace Technology, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 10 contracts

Sources: Subscription Agreement (Mooney Aerospace Group LTD), Subscription Agreement (Sanguine Corp), Subscription Agreement (Advanced Aerodynamics & Structures Inc/)

Bankruptcy. Bankruptcy, insolvency, reorganization or ---------- liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 8 contracts

Sources: Convertible Note (Kaire Holdings Inc), Convertible Note (Global Telemedia International Inc), Convertible Note (Kaire Holdings Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or ----------- liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 7 contracts

Sources: Note Purchase Agreement (Youbet Com Inc), Note (Youbet Com Inc), Note (Youbet Com Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 sixty (60) days of initiation.

Appears in 7 contracts

Sources: Subscription Agreement (Viryanet LTD), Secured Convertible Note (Tasker Products Corp), Secured Note (Aprecia Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 seventy-five (75) days of initiation.

Appears in 6 contracts

Sources: Secured Convertible Note (NCT Group Inc), Convertible Note (NCT Group Inc), Convertible Note (NCT Group Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation ---------- proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 6 contracts

Sources: Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/)

Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 forty-five (45) days of initiation.

Appears in 5 contracts

Sources: Convertible Note (Phytomedical Technologies Inc), Loan Agreement (Trilliant Exploration Corp), Secured Convertible Promissory Note (Franklin Towers Enterprises Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against or any Subsidiary of the Borrower are and, in the case of involuntary proceedings, have not been dismissed within 45 days of initiation61 days.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 forty-five (45) - days of initiation.

Appears in 5 contracts

Sources: Convertible Note (Bravo Foods International Corp), Convertible Note Agreement (Dyneco Corp), Convertible Note (Bravo Foods International Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company or any Subsidiary and if instituted against Borrower are is not dismissed within 45 days of initiation.

Appears in 5 contracts

Sources: Subscription Agreement (Iconic Brands, Inc.), Subscription Agreement (China Armco Metals, Inc.), Subscription Agreement (China Armco Metals, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be similar law are instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 4 contracts

Sources: Merger Agreement (Sys), Convertible Note (Sys), Subscription Agreement (Sys)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 4 contracts

Sources: Note Purchase Agreement (Small World Kids Inc), Note Purchase Agreement (Small World Kids Inc), Note Purchase Agreement (Vfinance Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation ---------- proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 4 contracts

Sources: Convertible Note (Go Online Networks Corp), Convertible Note (Team Communications Group Inc), Convertible Note (Endovasc LTD Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and and, if instituted against Borrower Borrower, are not dismissed within 45 forty-five (45) days of initiation.

Appears in 4 contracts

Sources: Secured Convertible Note (Savoy Resources Corp), Secured Convertible Note (Savoy Resources Corp), Secured Convertible Note (Savoy Resources Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation ---------- proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 4 contracts

Sources: Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any substantially similar law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 sixty (60) days of initiation.

Appears in 3 contracts

Sources: Senior Secured Convertible Note (Advance Nanotech, Inc.), Senior Secured Convertible Note (Advance Nanotech, Inc.), Senior Secured Note (Advance Nanotech, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 90 days of initiation.

Appears in 3 contracts

Sources: Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are Borrower, and, in the case of any involuntary proceeding or relief under such bankruptcy laws, not stayed or dismissed within 45 forty-five (45) days after the date of initiationcommencement thereof.

Appears in 3 contracts

Sources: Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Company, or if against the Borrower and if instituted against Borrower are Company, such proceedings shall not dismissed within 45 days of initiationthirty (30) days.

Appears in 3 contracts

Sources: Securities Purchase Agreement (It&e International Group), Omnibus Amendment (It&e International Group), Secured Convertible Term Note (It&e International Group)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any lawother law for the relief of debtors, or the issuance of any notice in relation to such event, for the relief of debtors event shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days of initiation.

Appears in 3 contracts

Sources: Secured Convertible Note (Aegis Assessments Inc), Secured Convertible Note (Universal Communication Systems Inc), Secured Convertible Note (Universal Communication Systems Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 sixty (60) days of initiation.

Appears in 3 contracts

Sources: Purchase Money Promissory Note (American Hospital Resources Inc), Purchase Money Promissory Note (American Hospital Resources Inc), Purchase Money Promissory Note (American Hospital Resources Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and and, if instituted against Borrower are it, shall not be dismissed within 45 30 days of initiationthereafter.

Appears in 2 contracts

Sources: Loan and Security Agreement (Roxio Inc), Loan and Security Agreement (Probusiness Services Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower or any such proceeding shall be instituted against the Borrower and if instituted against Borrower are Borrower, which is not dismissed within 45 thirty (30) days from the initial date of initiationsuch proceeding.

Appears in 2 contracts

Sources: Subscription Agreement (Options Media Group Holdings, Inc.), Secured Note (Options Media Group Holdings, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors debtors, if not terminated within 60 days, shall be instituted by or against the Borrower and and, if instituted against Borrower are not dismissed within 45 days of initiationit, shall be consented to.

Appears in 2 contracts

Sources: Credit Agreement (Alliance Pharmaceutical Corp), Credit Agreement (Alliance Pharmaceutical Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are and, in the case of an involuntary case or proceeding, such case or proceeding is not dismissed within 45 sixty (60) days of initiationfollowing the commencement thereof.

Appears in 2 contracts

Sources: Convertible Term Note (Numerex Corp /Pa/), Convertible Term Note (Numerex Corp /Pa/)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower or any of its Subsidiaries and if instituted against Borrower are not dismissed stayed within 45 days of initiation30 days.

Appears in 2 contracts

Sources: Secured Convertible Term Note (Corgenix Medical Corp/Co), Secured Convertible Term Note (Corgenix Medical Corp/Co)

Bankruptcy. Bankruptcy, insolvency, reorganization or ---------- liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 2 contracts

Sources: Note (Youbet Com Inc), Note (Youbet Com Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower or any of its Subsidiaries and if instituted against Borrower are shall not be timely controverted or dismissed within 45 calendar days of initiationthereafter.

Appears in 1 contract

Sources: Note Agreement (Acceris Communications Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 75 days of initiation.

Appears in 1 contract

Sources: Secured Convertible Note (NCT Group Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and or any Guarantor and, if instituted against Borrower are it, shall not be dismissed within 45 30 days of initiation.thereafter;

Appears in 1 contract

Sources: Loan and Security Agreement (Formfactor Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower are them is not dismissed within 45 forty-five (45) calendar days of initiation.

Appears in 1 contract

Sources: Secured Promissory Note (Datascension Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy Bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the any Co-Borrower and and, if instituted against Borrower are it, shall not be dismissed within 45 thirty (30) days of initiationthereafter.

Appears in 1 contract

Sources: Credit Agreement (Emarketplace Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company, and if instituted against Borrower are against, is not dismissed within 45 days of initiation.

Appears in 1 contract

Sources: Subscription Agreement (China Eco-Hospitality Operations, Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and and, if instituted against Borrower are it, shall not be dismissed within 45 thirty (60) days of initiationthereafter.

Appears in 1 contract

Sources: Credit Agreement (Tier Technologies Inc)

Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if so instituted against Borrower are not dismissed within 45 forty-five () days of initiation.

Appears in 1 contract

Sources: Loan Agreement (eBullion, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company and if instituted against Borrower the Company are not dismissed within 45 fifteen (90) days of initiation.

Appears in 1 contract

Sources: Convertible Note Agreement (Yi Xin International Copper, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 seventy-five (75) days of initiation.

Appears in 1 contract

Sources: Convertible Note (Mobile Reach International Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or for against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 1 contract

Sources: Note Purchase Agreement (Small World Kids Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower, or any such proceeding is instituted against the Borrower and if instituted against Borrower are is not dismissed within 45 sixty (60) days of initiationafter such proceeding is instituted.

Appears in 1 contract

Sources: Secured Convertible Term Note (Cardiogenesis Corp /Ca)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation ---------- proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Convertible Note (BigString CORP)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 sixty (60) days of initiation.

Appears in 1 contract

Sources: Secured Convertible Promissory Note (Universal Communication Systems Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Convertible Bridge Loan Agreement (Todos Medical Ltd.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 1 contract

Sources: Note Purchase Agreement (Small World Kids Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower them are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Convertible Note (Voip Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 days or any of initiationits subsidiaries, which proceedings remain undismissed for thirty (30) days.

Appears in 1 contract

Sources: Stock Purchase Agreement (Catalyst Ventures Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower Borrower, are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Secured Note (General Components, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against the Borrower are not dismissed within 45 days of initiation.

Appears in 1 contract

Sources: Secured Promissory Note (Genius Products Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation ---------- proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Secured Convertible Promissory Note (FTS Group, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Share Transfer Agreement (Trilliant Exploration Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and and, if instituted against Borrower are it, shall be not dismissed be vacated within 45 days of initiationthirty (30) days.

Appears in 1 contract

Sources: Credit Agreement (Matrix Pharmaceutical Inc/De)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if Borrower; provided however, that where such action is instituted against the Borrower are not but is dismissed within 45 thirty (30) days after the filing of initiationsuch petition, this provision shall not apply to such action.

Appears in 1 contract

Sources: Secured Convertible Term Note (Netguru Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower or any subsidiary of the Borrower and if instituted against Borrower are is not dismissed within 45 days of initiationsixty (60) days.

Appears in 1 contract

Sources: Securities Purchase Agreement (Q Comm International Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower Company and if instituted against Borrower the Company are not dismissed within 45 fifteen (15) days of initiation.

Appears in 1 contract

Sources: Convertible Note Agreement (American Dairy Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 thirty (30) days of initiation.

Appears in 1 contract

Sources: Credit Facility Agreement (Environmental Solutions Worldwide Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are is not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Convertible Note Agreement (Silvergraph International Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower or any Subsidiary of Borrower and if instituted against Borrower them are not dismissed within 45 days of initiation.

Appears in 1 contract

Sources: Subscription Agreement (BioElectronics Corp)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Borrower Company and if instituted against Borrower are such proceeding is not dismissed or discharged within 45 thirty (30) days of initiationthe filing thereof.

Appears in 1 contract

Sources: Convertible Term Note (Globeimmune Inc)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors debtors, shall be instituted by or against the Borrower and if instituted against Borrower are is not dismissed within 45 sixty (60) days of initiation.

Appears in 1 contract

Sources: Promissory Note (Guardion Health Sciences, Inc.)

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if instituted against Borrower are not dismissed within 45 60 days of initiation.

Appears in 1 contract

Sources: Convertible Note (Coffee Pacifica Inc)

Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Borrower and if so instituted against Borrower are not dismissed within 45 forty-five (45) days of initiation.

Appears in 1 contract

Sources: Subscription Agreement (Trig Acquisition 1, Inc)