Common use of Insolvency; Voluntary Proceedings Clause in Contracts

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries (i) ceases or fails to be Solvent, (ii) generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iii) voluntarily ceases to conduct its business in the ordinary course; (iv) commences any Insolvency Proceeding with respect to itself; or (v) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries (i) A Borrower, individually, ceases or fails fails, or Credit Parties and their Subsidiaries on a consolidated basis, cease or fail, to be Solvent, or any Credit Party or any Subsidiary: (iii) generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iii) voluntarily ceases to conduct its business in the ordinary course; (ivii) commences any Insolvency Proceeding with respect to itself; or (viii) takes any action to effectuate or authorize any of the foregoing; or;

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries Subsidiary (i) ceases or fails to be Solventsolvent, (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) except as permitted by Section 7.02 or Section 7.03, voluntarily ceases to conduct its business in the ordinary course; (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Any Borrower or any of its Subsidiaries Subsidiary (i) ceases or fails to be Solventsolvent, (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) voluntarily ceases to conduct its business in the ordinary course; (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries (i) ceases or fails to be Solvent, (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) voluntarily ceases to conduct its business in the ordinary course; (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Borrower or any of its --------------------------------- Subsidiaries (i) ceases or fails to be Solvent, (ii) generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iii) voluntarily ceases to conduct its business in the ordinary course; (iv) commences any Insolvency Proceeding with respect to itself; or (v) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Holdings, the Borrower or any of its Subsidiaries (i) ceases or fails to be Solvent, (ii) generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iii) voluntarily ceases to conduct its business in the ordinary course; (iv) commences any Insolvency Proceeding with respect to itself; or (v) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries Material Subsidiary (i) ceases or fails to be Solvent, (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) voluntarily ceases to conduct its business in the ordinary coursecourse (except as permitted under Section 8.2); (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or

Insolvency; Voluntary Proceedings. The Borrower or any of its Subsidiaries Subsidiary (i) ceases or fails to be Solventsolvent, (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) voluntarily ceases to conduct its business in the ordinary course; (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or;

Insolvency; Voluntary Proceedings. The Any Borrower or the Parent or any of its Subsidiaries Material Subsidiary (i) ceases or fails to be SolventSolvent (with the exception of WMS), (ii) or generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated maturity or otherwise; (iiiii) voluntarily ceases to conduct its business in the ordinary course; (iviii) commences any Insolvency Proceeding with respect to itself; or (viv) takes any action to effectuate or authorize any of the foregoing; or