INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admit its inability to pay its debts as they mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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Samples: Credit Agreement (Tier Technologies Inc), Credit Agreement (PDF Solutions Inc), Credit Agreement (Tekelec)
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower or any Guarantor shall become insolvent; or admit its inability to pay its debts as they mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.;
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INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; insolvent or admit its inability to pay its debts as they mature; , or make an assignment for the benefit of creditors; , or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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Samples: Credit Terms and Conditions (Terayon Communication Systems)
INSOLVENCY; RECEIVER OR TRUSTEE. Any Co-Borrower shall become insolvent; or admit its inability to pay its debts as they mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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Samples: Credit Agreement (Emarketplace Inc)
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolventinsolvent as defined by the Bankruptcy Code; or admit its inability to pay its debts as they mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admit its inability to pay its debts debt as they mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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Samples: Credit Agreement (Websidestory Inc)
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admit its inability to pay its debts as they mature; or make an assignment for the CREDIT AGREEMENT DECEMBER 5, 1997 benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admit admits its inability to pay its debts as they the mature; or make an assignment for the benefit of creditors; or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business.
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