Inability to Pay Debts; Attachment. (i) any Borrower or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty days after its issue or levy; or
Appears in 4 contracts
Samples: Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 4 contracts
Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty days after its issue or levy; or
Appears in 4 contracts
Samples: Letter of Credit Reimbursement Agreement (Flir Systems Inc), Credit Agreement (Flir Systems Inc), Credit Agreement (Flir Systems Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 3 contracts
Samples: Term Loan Agreement (Mastec Inc), Credit Agreement (Mastec Inc), Credit Agreement (Clear Channel Communications Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 3 contracts
Samples: Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty (30) days after its issue or levy; or
Appears in 2 contracts
Samples: Credit Agreement (Asbury Automotive Group Inc), Credit Agreement (Asbury Automotive Group Inc)
Inability to Pay Debts; Attachment. (i) any The Borrower or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 60 days after its issue or levy; or
Appears in 2 contracts
Samples: Credit Agreement (Mercury Systems Inc), Credit Agreement (Mercury Systems Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any the Company or such Person Material Subsidiary and is not released, vacated or fully bonded within thirty (30) days after its issue or levy; or;
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Watson Pharmaceuticals Inc), Credit Agreement (Watson Pharmaceuticals Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 60 days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material ------------------------------------- Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 1 contract
Samples: Credit Agreement (Carmax Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary (other than any Inactive Subsidiary) becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty (30) days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any The Borrower or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 60 days after its issue or levy; oror (h)
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary (other than any Immaterial Subsidiary) becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 60 days after its issue or levy; or
Appears in 1 contract
Samples: Credit Agreement (PMC Sierra Inc)
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 60 days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any Borrower The Company or any Restricted Subsidiary, other than an Inactive Subsidiary that is a Material Subsidiary whose obligations are not Guaranteed by the Company or any other Subsidiary, becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any The Borrower or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) any Borrower Any Obligor or any Restricted Subsidiary that is a Material Subsidiary becomes unable or admits in writing his or its inability or fails generally to pay his or its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person Obligor or any Material Subsidiary and is not released, vacated or fully bonded within thirty 30 days after its issue or levy; or
Appears in 1 contract
