INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admits its inability to pay its debts as 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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Samples: Terms and Agreement (National Insurance Group /Ca/)
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admits admit its inability to pay its debts as the 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; insolvent or admits admit its inability to pay its debts as the 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: Terayon Communication Systems
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolventinsolvent as defined by the Bankruptcy Code; or admits admit its inability to pay its debts as the 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: Iwerks Entertainment Inc
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admits admit its inability to pay its debts as the 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.. 4.05
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Samples: Credit Agreement (Overland Data Inc)
INSOLVENCY; RECEIVER OR TRUSTEE. Borrower shall become insolvent; or admits admit its inability to pay its debts debt as the 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.
Appears in 1 contract
Samples: Credit Agreement (Websidestory Inc)