Common use of Insolvency Matters Clause in Contracts

Insolvency Matters. No bankruptcy, reorganization, arrangement, readjustment of debt, insolvency or other proceeding has been commenced or threatened by or against the Guarantor or consented to or acquiesced in by the Guarantor, and no judgment has been entered against the Guarantor which has not been satisfied or otherwise discharged.

Appears in 2 contracts

Samples: Guaranty of Lease (Equity Inns Inc), Guaranty of Lease (Equity Inns Inc)

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Insolvency Matters. No bankruptcy, reorganization, arrangement, readjustment of debt, insolvency or other proceeding has been commenced or threatened by or against the Guarantor or consented to or acquiesced in by the Guarantor, and no judgment has been entered against the Guarantor which has not been satisfied or otherwise discharged.

Appears in 1 contract

Samples: Guaranty Agreement (Hudson Hotels Corp)

Insolvency Matters. No bankruptcy, reorganization, arrangement, readjustment of debt, insolvency or other proceeding has been commenced or threatened by or against the Guarantor Guarantor, or consented to or acquiesced in by the Guarantor, and no judgment has been entered against the Guarantor which has not been satisfied or otherwise discharged.

Appears in 1 contract

Samples: Guaranty (Student Advantage Inc)

Insolvency Matters. No bankruptcy, reorganization, arrangement, readjustment of debt, insolvency or other proceeding has been commenced or threatened in writing by or against the Guarantor or consented to or acquiesced in by the Guarantor, and no material judgment has been entered against the Guarantor which has not been satisfied or otherwise discharged.

Appears in 1 contract

Samples: Guaranty of Leases (Winston Hotels Inc)

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Insolvency Matters. No bankruptcy, reorganization, ------------------ arrangement, readjustment of debt, insolvency or other proceeding has been commenced or threatened by or against the Guarantor or consented to or acquiesced in by the Guarantor, and no judgment has been entered against the Guarantor which has not been satisfied or otherwise discharged.

Appears in 1 contract

Samples: Guaranty of Lease (Hudson Hotels Trust)

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