Common use of Debtor Law Clause in Contracts

Debtor Law. Any Company (i) is not Solvent, (ii) fails to pay its ---------- Debts generally as they become due, (iii) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Law, or (iv) becomes a party to or is made the subject of any proceeding provided for by any Debtor Law (other than as a creditor or claimant) that could suspend or otherwise adversely affect the Rights of Agent or any Lender granted in the Loan Documents unless, if the proceeding is involuntary, the applicable petition is dismissed within 60 days after its filing.

Debtor Law. Any Either Company (i) is not Solvent, (ii) fails to pay its ---------- Debts generally as they become due, (iii) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Law, or (iv) becomes a party to or is made the subject of any proceeding provided for by any Debtor Law (Law, other than as a creditor or claimant) , that could suspend or otherwise adversely affect the Rights of Administrative Agent or any Lender granted in the Loan Documents unless, if the proceeding is involuntary, the applicable petition is dismissed within 60 days after its filing.

Debtor Law. Any Company (i) is not Solvent, (ii) fails to pay its ---------- Debts generally as they become due, (iii) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Law, or (iv) becomes a party to or is made the subject of any proceeding provided for by any Debtor Law (other than as a creditor or claimant) that could suspend or otherwise adversely affect the Rights of Administrative Agent or any Lender granted in the Loan Documents unless, if the proceeding is involuntary, the applicable petition is dismissed within 60 days after its filing.

Debtor Law. Any Either Company (i) is not Solvent, (ii) fails to pay its ---------- Debts generally as they become due, (iii) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Law, or (iv) becomes a party to or is made the subject of any proceeding provided for by any Debtor Law (-- other than as a creditor or claimant) claimant -- that could suspend or otherwise adversely affect the Rights of Agent or any Lender granted in the Loan Documents Papers unless, if the proceeding is involuntary, the applicable petition is dismissed within 60 days after its filing.