Business Suspension, Bankruptcy, Etc. If the Borrower shall voluntarily suspend transaction of its business, or if the Borrower shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors, or proceedings in bankruptcy, or for reorganization or liquidation of the Borrower under the Bankruptcy Code or under any other, state federal or other applicable law for the relief of debtors shall be commenced by Borrower, or shall be commenced against the Borrower and shall not be discharged within sixty (60) days of commencement, or a receiver, trustee or custodian shall be appointed for the Borrower or for any substantial portion of their respective properties or assets.
Business Suspension, Bankruptcy, Etc. If (i) Borrower or any of its Subsidiaries shall voluntarily suspend transaction of its business; (ii) Borrower or any of its Subsidiaries shall not pay its debts as they mature or admit in writing its inability generally to do so or shall make a general assignment for the benefit of creditors; (iii) proceedings in bankruptcy, or for reorganization or liquidation of Borrower or any of its Subsidiaries under the Bankruptcy Code or under any other state or federal law for the relief or debtors shall be commenced by Borrower; (iv) such proceedings shall be commenced against Borrower or any of its Subsidiaries and shall not be discharged within 60 days of commencement; or (v) a receiver, trustee or custodian shall be appointed for Borrower or any of its Subsidiaries or for any substantial portion of their respective properties or assets.
Business Suspension, Bankruptcy, Etc. If the Borrower or the Guarantors shall voluntarily suspend transaction of its business; or if the Borrower or the Guarantors shall not pay their respective debts as they mature or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of the Borrower, under the Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced by the Borrower or the Guarantors or shall be commenced against the Borrower or the Guarantors and shall not be discharged within thirty (30) days of commencement; or a receiver, trustee or custodian shall be appointed for the Borrower or the Guarantors or for any substantial portion of its respective properties or assets.
Business Suspension, Bankruptcy, Etc. If the Borrower shall voluntarily suspend transaction of its business for a period in excess of five (5) Business Days (unless covered by business interruption insurance); or if the Borrower generally shall not pay its debts as they become due, subject to applicable grace periods, or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of the Borrower, under the Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced by the Borrower or shall be commenced against the Borrower and shall not be discharged within sixty (60) days of commencement; or a receiver, trustee or custodian shall be appointed for the Borrower or for any substantial portion of its respective properties or assets.
Business Suspension, Bankruptcy, Etc. If the Borrower shall voluntarily suspend transaction of its business; or if the Borrower shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors; or
Business Suspension, Bankruptcy, Etc. If any Borrower or Subsidiary shall voluntarily suspend transaction of its business; or if any Borrower or Subsidiary shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of any Borrower or Subsidiary under any Debtor Law shall be commenced or shall be commenced against any Borrower or Subsidiary and shall not be discharged within thirty (30) days of commencement; or a receiver, trustee or custodian shall be appointed for any Borrower or Subsidiary or for any substantial portion of their respective properties or assets.
Business Suspension, Bankruptcy, Etc. If the Borrower or any of its Subsidiaries shall voluntarily suspend transaction of its business; or if the Borrower or any of its Subsidiaries shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors, or proceedings in bankruptcy, or for reorganization or liquidation of the Borrower or any of its Subsidiaries under the Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced or shall be commenced against the Borrower or any of its Subsidiaries and shall not be discharged within twenty-five (25) days of commencement; or a receiver, trustee or custodian shall be appointed for the Borrower or any of its Subsidiaries or for any substantial portion of their respective properties or assets.
Business Suspension, Bankruptcy, Etc. If the Borrower or any of its U.S. Subsidiaries shall voluntarily suspend transaction of its business; or if the Borrower or any of its U.S. Subsidiaries shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of the Borrower or any of its U.S. Subsidiaries under the Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced or shall be commenced against the Borrower or any of its U.S. Subsidiaries and shall not be discharged within thirty (30) days of commencement; or a receiver, trustee or custodian shall be appointed for the Borrower or any of its Subsidiaries or for any substantial portion of their respective properties or assets.
Business Suspension, Bankruptcy, Etc. If any Obligor shall voluntarily suspend transaction of its business; or if any Obligor shall not pay its debts, generally, as they mature or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of any Obligor, under the Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced by any Obligor or shall be commenced against any Obligor and shall not be discharged within sixty (60) days of commencement; or a receiver, trustee or custodian shall be appointed for any Obligor or for any substantial portion of its respective properties or assets.
Business Suspension, Bankruptcy, Etc. If Dealer shall voluntarily suspend transaction of its business; or if Dealer shall not pay its debts as they mature or shall make a general assignment for the benefit of creditors; or proceedings in bankruptcy, or for reorganization or liquidation of Dealer under Bankruptcy Code or under any other state or federal law for the relief of debtors shall be commenced by Dealer, or shall be commenced against Dealer, if not voluntarily commenced, shall not be discharged within thirty (30) days of commencement; or a receiver, trustee or custodian shall be appointed for Dealer or for any substantial portion of their respective properties or assets.
