Inability to Pay Sample Clauses

Inability to Pay. Any Borrower or any Guarantor shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;
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Inability to Pay. Any Credit Party shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;
Inability to Pay. Borrower shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;
Inability to Pay. Services may not be denied because of an individual’s inability to pay. If a person’s income falls within the regional sliding fee scale, clinical need must be determined through the standard assessment and patient placement process. If a financially and clinically eligible person has third party insurance, that insurance must be utilized to its full extent. Then, if benefits are exhausted, or if the person needs a service not fully covered by that third party insurance, or if the co-pay or deductible amount is greater than the person’s ability to pay, Community Grant funds may be applied. Community Grant funds may not be denied solely on the basis of a person having third party insurance.
Inability to Pay. Any Loan Party shall admit in writing its inability, or be generally unable, to pay its obligations as they become due or cease or threaten to cease operations of its present business;
Inability to Pay. Any Loan Party or any Material Subsidiary of a Loan Party admits in writing its inability to pay its debts as they mature;
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Inability to Pay. Borrower or any Guarantor shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;” (o) Section 10.9 of the Credit Agreement is hereby amended and restated to read in full as follows:
Inability to Pay. Messiah Village’s Benevolent Care Policy is only a policy and should not be construed as a contractual obligation or right to Resident. Since Messiah Village’s Benevolent Care Policy is subject to many variables, it may be changed or amended or discontinued from time to time. The possibility of providing financial assistance should not be construed as an assurance or guarantee of life care by Messiah Village. If financial assistance is initially granted, there is no guarantee that such assistance can or will continue indefinitely, or for any specific period of time.
Inability to Pay. Any Parent Holdco or any of their respective Subsidiaries shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business; provided, however, any Subsidiary may voluntarily cease operations and be dissolved to the extent all assets of such Subsidiary are transferred to a Loan Party as permitted under the terms of this Agreement;
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