Common use of Creditors’ process Clause in Contracts

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 Business Days.

Appears in 8 contracts

Samples: Syndicated Loan Agreement (Hillenbrand, Inc.), Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 5 Business Days.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial the whole or any material part of the assets of the Company, any Borrower an Obligor or the a Material Subsidiaries Subsidiary and is not discharged within 15 Business Days30 days.

Appears in 5 contracts

Samples: Amendment Agreement (Coca-Cola HBC AG), Squeeze Out Facility Agreement (Coca-Cola HBC AG), Bond Bridge Facility Agreement (Coca-Cola HBC AG)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 Business Days30 days.

Appears in 5 contracts

Samples: Subordinated Facility Agreement (Diana Containerships Inc.), Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Shipping Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a substantial part member of the assets of the Company, Group or any Borrower or the Material Subsidiaries Obligor and is not discharged discharged, stayed or dismissed within 15 Business Daysthirty (30) days from the date of the relevant order.

Appears in 5 contracts

Samples: Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD)

Creditors’ process. Any attachment, expropriation, attachment, sequestration, distress distress, execution or execution encumbrance which affects a substantial part any of the Borrower’s assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 fifteen (15) Business Days.

Appears in 4 contracts

Samples: Loan Agreement (Fintech Holdings Inc.), Loan Agreement (Fintech Holdings Inc.), Loan Agreement (Fintech Holdings Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a any substantial part of the assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 Business Days21 days of its commencement.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 10 Business Days.

Appears in 2 contracts

Samples: Term Facility Agreement (Coeur D Alene Mines Corp), Term Facility Agreement (Coeur D Alene Mines Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 ten Business Days.

Appears in 2 contracts

Samples: Facility Agreement (Nordic Telephone CO ApS), Facility Agreement (Nordic Telephone CO ApS)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 5 Business Days.

Appears in 2 contracts

Samples: Facility Agreement (Moscow Cablecom Corp), Working Capital Bridge Facility Agreement (Moscow Cablecom Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries Company and is not discharged within 15 Business Days14 days.

Appears in 2 contracts

Samples: Facility Agreement (Best Buy Co Inc), Facility Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects a substantial part of the any asset or assets of the Company, any Borrower an Obligor or the Material Subsidiaries Subsidiary and is not discharged within 15 five Business Days.

Appears in 1 contract

Samples: Facility Agreement (Rockwood Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a all or any substantial part of the asset or assets of the Company, any Borrower or the Material Subsidiaries a Principal Company and is not discharged within 15 5 Business Days.

Appears in 1 contract

Samples: Facility Agreement (Rio Tinto PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects a substantial part of the any material asset or assets of the Company, any Borrower or the Material Subsidiaries an Obligor and is not discharged discharged, stayed or dismissed within 15 thirty Business Days.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Central European Media Enterprises LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any material asset or assets of the Company, any Borrower or the Material Subsidiaries Parent and is not discharged within 15 Business Daysdays.

Appears in 1 contract

Samples: Facility Agreement (Diodes Inc /Del/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or any other member of the Material Subsidiaries Group and is not discharged within 15 five Business Days.

Appears in 1 contract

Samples: Senior Term Facility Agreement (SemGroup Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries Company [having an aggregate value of INR 50 Million and is not discharged within 15 Business Days45 days.

Appears in 1 contract

Samples: Subordinated Loan Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 five Business Days.

Appears in 1 contract

Samples: Facility Agreement (MediaRing LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress distress, execution or execution other legal process affects a substantial part any asset or assets of an Obligor or other member of the assets of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 three Business Days.

Appears in 1 contract

Samples: Facility Agreement (VNG LTD)

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects a substantial part of the any asset or assets of the Company, any Borrower Obligor or the any other Material Subsidiaries Group Company and is not discharged within 15 20 Business Days.

Appears in 1 contract

Samples: Facility Agreement (Yell Finance Bv)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries a Transaction Obligor and is not discharged within 15 Business Days14 days.

Appears in 1 contract

Samples: Sterling Term Facility Agreement (American Realty Capital Global Trust, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material any of its Subsidiaries and is not discharged within 15 thirty (30) Business Days.

Appears in 1 contract

Samples: Loan Agreement (Tiffany & Co)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 fifteen Business Days.

Appears in 1 contract

Samples: Term and Letter of Credit Facility Agreement (Cascal B.V.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, Borrower and/or any Borrower or of the Material Subsidiaries Guarantors and is not discharged within 15 Business Daysthirty (30) days and has a Material Adverse Effect.

Appears in 1 contract

Samples: Long Term Facility Agreement (General Geophysics Co)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower Group Obligor or the a Material Subsidiaries Subsidiary and is not discharged within 15 Business Days.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, Company or any Borrower or the Material Subsidiaries Subsidiary and is not discharged within 15 Business Days14 days.

Appears in 1 contract

Samples: Facility Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects a the whole or any substantial part of the assets of a member of the Company, any Borrower or the Material Subsidiaries Group and is not discharged within 15 five (5) Business Days.

Appears in 1 contract

Samples: Facility Agreement (Marine Harvest ASA)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any material asset or material assets of the Company, any a Borrower or the a Material Subsidiaries Subsidiary and is not discharged within 15 Business Days30 days.

Appears in 1 contract

Samples: Revolving Facility Agreement (Alpha Beta Netherlands Holding N.V.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects a substantial part of the any asset or assets of the Company, any Borrower or the Material Subsidiaries and is not discharged within 15 five Business Days.

Appears in 1 contract

Samples: Facility Agreement

Creditors’ process. Any expropriation, attachment, enforcement, sequestration, implementation of any business rescue plan, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a substantial part member of the assets of the Company, any Borrower or the Material Subsidiaries Wider Group and is not discharged within 15 Business Days14 days.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Lesaka Technologies Inc)

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