Common use of Death or Insolvency Clause in Contracts

Death or Insolvency. The dissolution or termination of Xxxxxxxx’s existence as a going business or the death of any partner, the insolvency of Xxxxxxxx, the appointment of a receiver for any part of Xxxxxxxx’s property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or against Borrower.

Death or Insolvency. The dissolution or termination of Xxxxxxxx’s Borrower's existence as a going business or the death of any partner, the insolvency of XxxxxxxxBorrower, the appointment of a receiver for any part of Xxxxxxxx’s Borrower's property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or against Borrower.

Death or Insolvency. The dissolution or termination of Xxxxxxxx’s 's existence as a going business or the death of any partner, the insolvency of Xxxxxxxx, the appointment of a receiver for any part of Xxxxxxxx’s 's property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency laws by or against BorrowerBorrower .