Common use of Condition of Borrower or Guarantor Clause in Contracts

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other party at any time liable for the payment of all or part of the Guaranteed Debt; or any dissolution of Borrower or Guarantor, or any changes in the shareholders, partners or members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 2 contracts

Samples: Guaranty (Carter Validus Mission Critical REIT, Inc.), Guaranty (Grubb & Ellis Healthcare REIT II, Inc.)

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Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor the Company or any other party at any time liable for the payment of all or part of the Guaranteed Debt; or any dissolution of Borrower the Company or Guarantor, or any changes in sale, lease or transfer of any or all of the shareholders, partners or members assets of Borrower the Company or Guarantor; or any reorganization of Borrower the Company or Guarantor.;

Appears in 2 contracts

Samples: Guaranty Agreement (Terra Energy & Resource Technologies, Inc.), Guaranty Agreement (Terra Energy & Resource Technologies, Inc.)

Condition of Borrower or Guarantor. The insolvency, ---------------------------------- bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor Borrower or any other party at any time liable for the payment of all or part of the Guaranteed DebtIndebtedness; or any dissolution of Borrower, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor, or any changes in the shareholders, partners shareholders or members of Borrower or GuarantorBorrower; or any reorganization of Borrower or Guarantor.;

Appears in 1 contract

Samples: Guaranty Agreement (Neon Systems Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, ---------------------------------- arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, or lack of power of Borrower, Guarantor the Borrower or any other party at any time liable for the payment of all or part of the Guaranteed DebtLiabilities; or any dissolution of Borrower or Guarantorthe Borrower, or any changes in sale, lease, or transfer of any or all of the shareholders, partners or members assets of the Borrower or the Guarantor; or any reorganization of the Borrower or the Guarantor.;

Appears in 1 contract

Samples: Guaranty Agreement (Pendaries Petroleum LTD)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other party at any time liable for the payment of all or part of the Guaranteed DebtObligations; or any dissolution of Borrower, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor, or any changes in the shareholders, partners or members of Borrower or Guarantor; or any reorganization of Borrower or GuarantorBorrower.

Appears in 1 contract

Samples: Guaranty (Ampal-American Israel Corp)

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Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, or lack of power of Borrower, Guarantor the Borrower or any other party at any time liable for the payment of all or part of the Guaranteed DebtLiabilities; or any dissolution of Borrower or Guarantorthe Borrower, or any changes in sale, lease, or transfer of any or all of the shareholders, partners or members assets of the Borrower or the Guarantor; or any reorganization of the Borrower or the Guarantor.;

Appears in 1 contract

Samples: Guaranty (Harken Energy Corp)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor Borrower or any other party Person at any time liable for the payment of all or part of the Guaranteed DebtLiabilities; or any dissolution of Borrower or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor, or any changes in the shareholders, partners shareholders or members of Borrower or GuarantorBorrower; or any reorganization of Borrower or Guarantor.Borrower;

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, bankruptcy arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, death or lack of power of Borrower, Borrower or Guarantor or any other party Person at any time liable for the payment of all or part of the Guaranteed Debt; or any dissolution of Borrower or Guarantor, or any changes in the shareholders, partners or members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.liable

Appears in 1 contract

Samples: Guaranty Agreement (Brigham Exploration Co)

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