Common use of Creditors’ process Clause in Contracts

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 days.

Appears in 13 contracts

Samples: Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC)

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or a substantial part of the assets of the Company, any Obligor Borrower or the Material Subsidiary Subsidiaries and is not discharged within 28 days15 Business Days.

Appears in 8 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary a member of the Group and is not discharged within 28 30 days.

Appears in 5 contracts

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects the whole or any asset or material part of the assets of any an Obligor or a Material Subsidiary and is not discharged within 28 30 days.

Appears in 5 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor or Material Subsidiary a member of the Group and is not discharged within 28 days5 Business Days.

Appears in 5 contracts

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a member of the Group or any Obligor or Material Subsidiary and is not discharged discharged, stayed or dismissed within 28 daysthirty (30) days from the date of the relevant order.

Appears in 5 contracts

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 daysfive (5) days in respect of the Borrower and twenty-one (21) days in respect of the Guarantor.

Appears in 4 contracts

Samples: Agreement (Anthracite Capital Inc), Agreement (Anthracite Capital Inc), Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset the whole or a substantial part of the assets of any Obligor or Material Principal Subsidiary and is not discharged within 28 days.

Appears in 4 contracts

Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Ibasis Inc), Credit Agreement (Koninklijke KPN N V)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 ten (10) days.

Appears in 3 contracts

Samples: www.sec.gov, Facility Agreement (Solar Power, Inc.), Solar Power, Inc.

Creditors’ process. Any expropriation, attachment, sequestration, distress distress, execution or execution diligence (whether on the dependence or otherwise) affects any material asset of the Company or assets of any Obligor or Material Principal Subsidiary and is not discharged within 28 21 days.

Appears in 3 contracts

Samples: Agreement (Scottish Power PLC), Agreement (Scottish Power PLC), Agreement (Scottish Power PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary the Company and is not discharged within 28 14 days.

Appears in 2 contracts

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor the Borrower or a Material Subsidiary and is not discharged within 28 21 days.

Appears in 2 contracts

Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Creditors’ process. 27.8.1 Any expropriation, attachment, sequestration, distress distress, execution or execution analogous process affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress distress, execution or execution diligence (whether on the dependence or otherwise) affects any material asset or assets of any Obligor or Material any Principal Subsidiary and is not discharged within 28 21 days.

Appears in 2 contracts

Samples: Agreement (Scottish Power PLC), Agreement (Scottish Power PLC)

Creditors’ process. (A) Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary any of its Subsidiaries’ assets and is not discharged within 28 days15 Business Days.

Appears in 2 contracts

Samples: Agreement (Rockley Photonics Holdings LTD), Agreement (Rockley Photonics Holdings LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or substantial part of the assets of any Obligor or Material Subsidiary the Borrower and is not discharged within 28 days21 days of its commencement.

Appears in 2 contracts

Samples: shropshire.gov.uk, shropshire.gov.uk

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 45 days.

Appears in 1 contract

Samples: Index (Cobe Laboratories Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 days5 days in respect of the Borrower and 21 days in respect of any other Anthracite Obligor.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary member of the Group and is not discharged within 28 daysthirty (30) days after the relevant member of the Group became aware of the same.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Seawell LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 thirty (30) days.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Creditors’ process. (a) Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 fourteen (14) days.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects all or any asset or substantial part of the assets of any an Obligor or Material Subsidiary a Principal Subsidiary, and is not discharged within 28 30 days.

Appears in 1 contract

Samples: Agreement (Reckitt Benckiser Group PLC)

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Group Obligor or a Material Subsidiary and is not discharged within 28 days15 Business Days.

Appears in 1 contract

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any Obligor or Material Subsidiary the Borrower and is not discharged within 28 21 days.

Appears in 1 contract

Samples: Vu1 CORP

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or material part of the assets of any Obligor or Material Relevant Subsidiary and is not discharged within 28 14 days.

Appears in 1 contract

Samples: Agreement (Tomkins PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any material asset or assets of any an Obligor or Material Subsidiary and is not discharged discharged, stayed or dismissed within 28 daysthirty Business Days.

Appears in 1 contract

Samples: Assignment Agreement (Central European Media Enterprises LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 daysfive Business Days.

Appears in 1 contract

Samples: Facility Agreement (Rockwood Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor or any other Material Subsidiary Group Company and is not discharged within 28 days20 Business Days.

Appears in 1 contract

Samples: Senior Facilities Agreement (Yell Finance Bv)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Borrower or any Obligor or Material Subsidiary of its Subsidiaries and is not discharged within 28 daysthirty (30) Business Days.

Appears in 1 contract

Samples: S130333       Facility Agreement (Tiffany & Co)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Company or any Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 1 contract

Samples: Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any the Parent, an Obligor or Material Subsidiary a member of the Group and is not discharged within 28 30 days.

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any Obligor the Borrower or Material Subsidiary the Parent and is not discharged within 28 15 days.

Appears in 1 contract

Samples: Agreement (Diodes Inc /Del/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or material assets of any Obligor a Borrower or a Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

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

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Borrower and/or any Obligor or Material Subsidiary of the Guarantors and is not discharged within 28 daysthirty (30) days and has a Material Adverse Effect.

Appears in 1 contract

Samples: General Geophysics Co

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) or an arrest of any Drillship, affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) or an arrest of the Drillship, affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any a Transaction Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 1 contract

Samples: Assignment Agreement (American Realty Capital Global Trust, Inc.)

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