Filing of Bankruptcy Proceedings. To the extent it may do so under applicable Law, the Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in the Company (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to the Company or its debts under any bankruptcy, insolvency or other similar Law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of the Company or any substantial part of the Company’s property, (b) to authorize the Company to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against the Company or (c) to authorize the Company to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent permitted under applicable Government Rule, Pledgor, for itself, its successors and assigns, shall not cast any vote as owner of the Pledged LLC Interests or otherwise in favor of any action that would result in a violation by the Company of any of its Constitutional Documents.
Filing of Bankruptcy Proceedings. 8 6.6 Distributions ........................................................8 6.7
Filing of Bankruptcy Proceedings. To the extent permitted under applicable Requirements of Law and not inconsistent with any fiduciary duties applicable to Pledgor, Pledgor, for itself, its successors and assigns, shall not cast any vote as owner of the Pledged LLC Interests or otherwise (i) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to Issuer or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of Issuer or any substantial part of Pledgor’s property, (ii) to authorize Issuer to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in any involuntary case or other similar proceeding commenced against Pledgor or (iii) to authorize Issuer to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent it may so agree to do so under applicable law, Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in any Borrower (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to any Borrower or any of their debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of any Borrower or any substantial part of any Borrower's property, (b) to authorize any Borrower to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against any Borrower or (c) to authorize any Borrower to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent it may do so under applicable law, the Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in the MLP Entity (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to the MLP Entity or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of the MLP Entity or any substantial part of the MLP Entity’s property, (b) to authorize the MLP Entity to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against the MLP Entity or (c) to authorize the MLP Entity to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent it may so agree to do so under applicable law, Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in SWMP (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to SWMP or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of SWMP or any substantial part of SWMP’s property, (b) to authorize SWMP to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against SWMP or (c) to authorize SWMP to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent it may do so under applicable Legal Requirements, Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in Pledged Company (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to Pledged Company or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of Pledged Company or any substantial part of Pledged Company’s property, (b) to authorize Pledged Company to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against Pledged Company or (c) to authorize Pledged Company to make a general assignment for the benefit of creditors.
Filing of Bankruptcy Proceedings. To the extent it may do so under applicable laws, the Pledgor, for itself, its successors and assigns, shall not cast any vote as an owner in the Guarantor (a) in favor of the commencement of a voluntary case or other proceeding seeking liquidation, reorganization, rehabilitation or other relief with respect to the Guarantor or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect in any jurisdiction or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the owners of the Guarantor or any substantial part of the Guarantor’s property, (b) to authorize the Guarantor to consent to any such aforesaid relief or to the appointment of or taking possession by any such aforesaid official in an involuntary case or other proceeding commenced against the Guarantor or (c) to authorize the Guarantor to make a general assignment for the benefit of creditors.
