INSOLVENCY OF GUARANTOR. Should any Guarantor become insolvent, or fail to pay such Guarantor’s debts generally as they become due, or voluntarily seek, consent to, or acquiesce in, the benefit or benefits of any Debtor Relief Law (other than as a creditor or claimant), or become a party to (or be made the subject of) any proceeding provided for by any Debtor Relief Law (other than as a creditor or claimant) that could suspend or otherwise adversely affect the rights of Agent or any Lender granted hereunder, then, in any such event, the Guaranteed Debt shall be, as among such Guarantor, Agent and Lenders, a fully matured, due, and payable obligation of such Guarantor to Agent and Lenders (without regard to whether any Borrower is then in default under the Loan Documents or whether the Obligations, or any part thereof, is then due and owing by any Borrower to any Lender), payable in full by such Guarantor to Lenders upon demand, and the amount thereof so payable shall be the estimated amount owing in respect of the contingent claim created hereunder.
INSOLVENCY OF GUARANTOR. The liability of Guarantor hereunder shall, at the option of Lender, without notice, become immediately fixed and enforceable for the full amount thereof, whether then due or not due, as though all of the Guaranteed Debt had become past due if (i) Guarantor defaults in the due performance of any term, covenant, or agreement contained in this Guaranty, in the other Loan Documents, or otherwise in favor of Lender, or (ii) Guarantor makes an assignment for the benefit of its creditors or a composition with creditors, is unable or admits in writing its inability to pay, or generally fails to pay, its debts as they mature, files a petition commencing a voluntary case concerning Guarantor under any chapter of Title 11 of the United States Code entitled "Bankruptcy"; or an involuntary case is commenced against Guarantor under any such chapter and relief is ordered against it or the petition is controverted but is not dismissed within 60 days after the commencement of such case.
INSOLVENCY OF GUARANTOR. If Landlord's consent to an assignment of this Lease is conditioned upon the agreement of a guarantor to guaranty the performance of the obligations under this Lease by the Tenant, any insolvency of such guarantor, whether voluntary or involuntary, shall for purposes of Section 23.1(E)(1)-(2) have the same effect as insolvency of the Tenant.
INSOLVENCY OF GUARANTOR. Without limiting the other provisions hereof, in the event of bankruptcy or insolvency of Guarantor, the entire Indebtedness of Borrower, whether direct or indirect, absolute or contingent, due or to become due, shall become due and payable from Guarantor to Obligee and shall be paid immediately by Guarantor to Obligee.
INSOLVENCY OF GUARANTOR. Should any Guarantor become insolvent, or fail to pay such Guarantor’s debts generally as they become due, or voluntarily seek, consent to, or acquiesce in, the benefit or benefits of any Debtor Relief Law (other than as a creditor or claimant), or become a party to (or be made the subject of) any proceeding provided for by any Debtor Relief Law (other than as a creditor or claimant) that could suspend or otherwise adversely affect the rights of any Benefitted Party granted hereunder, then, in any such event (each such event, an “Insolvency Default”), the Guaranteed Debt shall be, as among such Guarantor and each Benefitted Party, a fully matured, due, and payable obligation of such Guarantor to each Benefitted Party (without regard to whether Borrower is then in default under the Loan Documents, any Swap Contract or any other document or instrument executed and delivered in connection with the Guaranteed Debt or whether the Guaranteed Debt, or any part thereof, is then due and owing by Borrower to any Benefitted Party), payable in full by such Guarantor to Administrative Agent (for the benefit of the applicable Benefitted Party or Parties) upon demand, and the amount thereof so payable shall be the estimated amount owing in respect of the contingent claim created hereunder.
INSOLVENCY OF GUARANTOR. If Guarantor shall be or become insolvent (however defined), then RPP shall have the right to declare immediately due and payable, and the Guarantor will forthwith pay to RPP, the full amount of all of the Obligations. If Guarantor voluntarily commences or there is commenced involuntarily against Guarantor a case under the United States Bankruptcy Code, the full amount of all of the Obligations, whether due and payable or unmatured, shall be immediately due and payable without demand or notice thereof.
INSOLVENCY OF GUARANTOR. The death, insolvency or bankruptcy of any Guarantor or surety of the Obligations.
INSOLVENCY OF GUARANTOR. Should Guarantor (a) not be Solvent, or (b) fail to pay its debts generally as they become due, or (c) voluntarily seek, consent to, or acquiesce in, the benefit or benefits of any Debtor Relief Law (other than as a creditor or claimant), or (d) become a party to (or be made the subject of) any proceeding provided for by any Debtor Relief Law (other than as a creditor or claimant) that could suspend or otherwise adversely affect the rights of the Administrative Agent or any Lender Party granted hereunder (unless, in the event such proceeding is involuntary, the petition instituting same is dismissed within 60 days after its filing; provided, however, that no order for relief shall have been entered in the interim), then, in any such event, the Guaranteed Debt shall be, as among Guarantor, the Administrative Agent, and the Lender Parties, a fully matured, due, and payable obligation of Guarantor to the Administrative Agent and the Lender Parties, payable in full by Guarantor to the Lender Parties upon demand, and the amount thereof so payable shall be the estimated amount owing in respect of the contingent claim created hereunder.
INSOLVENCY OF GUARANTOR. The filing by or against the Guarantor or any US subsidiary of the Guarantor of a petition for liquidation, reorganisation, arrangement or adjudication as a bankrupt or similar relief under the bankruptcy, insolvency, or similar laws of the United States or any state or territory thereof or of any foreign jurisdiction; the failure of the Guarantor or such subsidiary to secure dismissal of any such petition filed against it within forty-five (45) days of such filing; the making of any general assignment by the Guarantor or any US subsidiary for the benefit of creditors; the appointment of a receiver or trustee for the Guarantor or any US subsidiary, or for any part of the Guarantor, or such subsidiary's assets; the institution by the Guarantor or any such subsidiary of any other type of insolvency proceeding (under the U.S. Bankruptcy Code or otherwise) or of any formal or informal proceeding, for the dissolution or liquidation of, settlement of claims against, or winding up of the affairs of, the Guarantor or any US subsidiary; the institution of any such proceeding against the Guarantor or any US subsidiary if the Guarantor or such subsidiary shall fail to secure dismissal thereof within forty-five (45) days thereafter; the consent by the Guarantor or any such subsidiary to any type of insolvency proceeding against the Guarantor or such subsidiary (under the U.S. Bankruptcy Code or otherwise); the occurrence of any event or existence of any condition which could be the ground, basis or cause for any proceeding or petition described in this Clause 17.11 (Insolvency of Guarantor);
INSOLVENCY OF GUARANTOR. The bankruptcy of Guarantor shall not revoke this Guaranty, except upon actual receipt of written notice thereof by Hxxxxx and only prospectively, as to future transactions, as herein set forth. If Guarantor becomes insolvent (however defined), then Holder shall have the right to declare immediately due and payable, and Guarantor will pay to Holder, the full amount of all of the Obligations whether due and payable or unmatured. If Guarantor voluntarily commences or there is commenced involuntarily (and not stayed, vacated or removed within sixty (60) days) against Guarantor a case under the United States Bankruptcy Code, the full amount of all Obligations, whether due and payable or unmatured, shall be immediately due and payable without demand or notice thereof.
