Insolvency of Borrower. If (i) a petition is filed by or against Borrower under the federal bankruptcy laws or any other applicable federal or state bankruptcy, insolvency or similar law; (ii) a receiver, liquidator, trustee, custodian, sequestrator, or other similar official is appointed to take possession of Borrower, the Collateral, or any material part of Borrower’s other assets, or Borrower consents to such appointment; (
Appears in 5 contracts
Samples: Loan Agreement (PJT Partners Inc.), Loan Agreement (PJT Partners Inc.), Loan Agreement (PJT Partners Inc.)
Insolvency of Borrower. If
(i) a petition is filed by or against Borrower under the federal bankruptcy laws or any other applicable federal or state bankruptcy, insolvency or similar law; (ii) a receiver, liquidator, trustee, custodian, sequestrator, or other similar official is appointed to take possession of Borrower, the Collateral, or any material part of Borrower’s 's other assets, or Borrower consents to such appointment; (;
Appears in 4 contracts
Samples: Loan Agreement (Ascendant Solutions Inc), Loan Agreement (Ascendant Solutions Inc), Loan Agreement (Greenhill & Co Inc)