Common use of Inability to Pay Debts; Attachment Clause in Contracts

Inability to Pay Debts; Attachment. The Company or any Significant Subsidiary admits in writing its inability, or fails generally to pay its debts as they become due; or

Appears in 7 contracts

Samples: Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.)

AutoNDA by SimpleDocs

Inability to Pay Debts; Attachment. (i) The Company or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 7 contracts

Samples: Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp), Day Credit Agreement (Albemarle Corp)

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (Tech Data Corp), Credit Agreement

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 3 contracts

Samples: Cash Bridge Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp)

Inability to Pay Debts; Attachment. The Company Borrower or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 2 contracts

Samples: Credit Agreement (Pall Corp), Credit Agreement (Pall Corp)

Inability to Pay Debts; Attachment. (i) The Company or any Significant Subsidiary (other than an Immaterial Subsidiary) becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 2 contracts

Samples: Credit Agreement (Albemarle Corp), Credit Agreement (Albemarle Corp)

Inability to Pay Debts; Attachment. The Company Borrower or any Significant Subsidiary admits in writing its inability, or fails generally to pay its debts as they become due; or

Appears in 2 contracts

Samples: Term Loan Agreement (Hasbro, Inc.), Term Loan Agreement (Hasbro, Inc.)

Inability to Pay Debts; Attachment. (i) The Company or any Significant Restricted Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 2 contracts

Samples: Credit Agreement (Ceco Environmental Corp), Credit Agreement (Ceco Environmental Corp)

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or (ii) any writ or warrant of attachment or

Appears in 1 contract

Samples: Credit Agreement (Mercury Systems Inc)

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Subsidiary (other than an Immaterial Subsidiary) becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 1 contract

Samples: Term Loan Agreement (Albemarle Corp)

Inability to Pay Debts; Attachment. The Company or any Significant Subsidiary admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

AutoNDA by SimpleDocs

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Material Subsidiary ceases to be Solvent, or becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; oras

Appears in 1 contract

Samples: Credit Agreement (Fidelity National Financial, Inc.)

Inability to Pay Debts; Attachment. (i) The Company Borrower or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; orthey

Appears in 1 contract

Samples: Credit Agreement (Globe Life Inc.)

Inability to Pay Debts; Attachment. The Company (i) Any of the Consolidated Companies becomes unable or any Significant Subsidiary admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 1 contract

Samples: Credit Agreement (Cambium Learning Group, Inc.)

Inability to Pay Debts; Attachment. The Any Company becomes unable or any Significant Subsidiary admits in writing its inability, inability or fails generally to pay its debts as they become due; or

Appears in 1 contract

Samples: Credit Agreement (Alexander & Baldwin, Inc.)

Inability to Pay Debts; Attachment. (a) The Company or any Significant Restricted Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 1 contract

Samples: Agreement (Discovery Communications, Inc.)

Inability to Pay Debts; Attachment. (i) The Company or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 1 contract

Samples: Credit Agreement (Teledyne Technologies Inc)

Inability to Pay Debts; Attachment. The Company (i) Any Borrower or any Significant Subsidiary becomes unable or admits in writing its inability, inability or fails generally to pay its debts as they become due; , or

Appears in 1 contract

Samples: Credit Agreement (Harris Stratex Networks, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!