Certain Involuntary Proceedings. An involuntary case or other proceeding shall be commenced against the Company or any material subsidiary of the Company seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) consecutive days;
Appears in 3 contracts
Samples: Note Purchase Agreement (International Standards Group Limited), Note Purchase Agreement (Shaman Pharmaceuticals Inc), Note Purchase Agreement (Cephalon Inc)
Certain Involuntary Proceedings. An involuntary case or other ------------------------------- proceeding shall be commenced against the Company or any material subsidiary of the Company Subsidiary seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) 60 consecutive days;; or
Appears in 2 contracts
Samples: Note Purchase Agreement (Cephalon Inc), Note Purchase Agreement (Cephalon Inc)
Certain Involuntary Proceedings. An involuntary case or other proceeding shall be commenced against the Company or Company, any material subsidiary of the Company Company, or any Guarantor seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) consecutive days;
Appears in 2 contracts
Samples: Transmedia Asia Pacific Inc, Transmedia Asia Pacific Inc
Certain Involuntary Proceedings. An involuntary case or other ------------------------------- proceeding shall be commenced against the Company or any material subsidiary of the Company Subsidiary seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) consecutive days;
Appears in 1 contract
Samples: Napro Biotherapeutics Inc
Certain Involuntary Proceedings. An involuntary case or --------------------------------- other proceeding shall be commenced against the Company or any material subsidiary of the Company Subsidiary seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) 60 consecutive days;; or
Appears in 1 contract
Samples: Note Purchase Agreement (Dwango North America Corp)
Certain Involuntary Proceedings. An involuntary case --------------------------------- or other proceeding shall be commenced against the Company or any material subsidiary of the Company Subsidiary seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) 60 consecutive days;; or
Appears in 1 contract
Samples: Note Purchase Agreement (Dwango North America Corp)
Certain Involuntary Proceedings. An involuntary case or other ------------------------------- proceeding shall be commenced against the Company or any material subsidiary of the Company seeking liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of sixty (60) consecutive days;
Appears in 1 contract
Samples: Napro Biotherapeutics Inc