Contemplated Actions Sample Clauses

Contemplated Actions. No Borrower Party is contemplating either the filing of a petition by it under state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of its assets or property, and no Borrower Party has knowledge of any Person contemplating the filing of any such petition against it.
Contemplated Actions. No Borrower, Guarantor, nor to the best knowledge of Borrowers, any Operating Tenant is contemplating either the filing of a petition by it under state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of its assets or property, and no Borrower, Guarantor nor to the knowledge of Borrowers, any Operating Tenant has knowledge of any Person contemplating the filing of any such petition against it.