Involuntary Bankruptcy; Appointment of Custodian, etc. The entry by a court having jurisdiction in the premises of (i) a decree or order for relief in respect of the Company or any Significant Subsidiary in an involuntary case or proceeding under U.S. bankruptcy laws, as now or hereafter constituted, or any other applicable Federal, state, or foreign bankruptcy, insolvency, or other similar law or (ii) a decree or order adjudging the Company or any Significant Subsidiary a bankruptcy or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Company or any Significant Subsidiary under U.S. bankruptcy laws, as now or hereafter constituted, or any other applicable Federal, state or foreign bankruptcy, insolvency, or similar law, or appointing a custodian, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any Significant Subsidiary or of any substantial part of the Property or assets of the Company or any Significant Subsidiary, or ordering the winding up or liquidation of the affairs of the Company or any Significant Subsidiary, and the continuance of any such decree or order for relief or any such other decree or order unstayed and in effect for a period of 60 consecutive days; or
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(A) is for relief against the Company or any Material Subsidiary in an involuntary case or proceeding, or
(B) appoints a Custodian of the Company or any Material Subsidiary for all or substantially all of its properties, or
(C) orders the liquidation of the Company or any Material Subsidiary, and in each case the order or decree remains unstayed and in effect for 60 days.
Involuntary Bankruptcy; Appointment of Custodian, etc. Any ----------------------------------------------------- involuntary petition or case shall be filed or commenced against the Borrower or any other Credit Party (other than a Designated Non-Guarantor Subsidiary) seeking liquidation, winding-up, reorganization, dissolution, arrangement, readjustment of debts, the appointment of a custodian, trustee, receiver or similar official for it or all or a substantial part of its properties or any other relief under the Bankruptcy Code or under any other applicable bankruptcy, insolvency or similar law now or hereafter in effect, and such petition or case shall continue undismissed and unstayed for a period of sixty (60) days; or an order, judgment or decree approving or ordering any of the foregoing shall be entered in any such proceeding; or
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a bankruptcy order under any bankruptcy law that:
(i) is for relief against any of the Guarantors or Newco Two any material subsidiary of any of the Guarantors or Newco Two in an involuntary case or proceeding, or
(ii) appoints a custodian of any of the Guarantors or Newco Two or any material subsidiary of any of the Guarantors or Newco Two for all or substantially all of its properties, or
(iii) orders the liquidation of any of the Guarantors or Newco Two or any material subsidiary of any of the Guarantors or Newco Two, and in each case the order or decree remains unstayed and in effect for 90 days.
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(A) is for relief against one or more of the Guarantors, the Company or any Subsidiary of the Company or Media Venture, which individually or together would constitute a Material Entity, in an involuntary case or proceeding, or
(B) appoints a Custodian of one or more of the Guarantors, the Company or any Subsidiary of the Company or Media Venture, which individually or together would constitute a Material Entity, for all or substantially all of its properties, or
(C) orders the liquidation of one or more of the Guarantors, the Company or any Subsidiary of the Company or Media Venture, which individually or together would constitute a Material Entity, and in each case the order or decree remains unstayed and in effect for 60 days.
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(A) is for relief against the Company, Publishing, the Guarantor or any of their respective material Subsidiaries in an involuntary case or proceeding, or
(B) appoints a Custodian of the Company, Publishing, the Guarantor or any of their respective material Subsidiaries for all or substantially all of its properties, or
(C) orders the liquidation of the Company, Publishing, the Guarantor or any of their respective material Subsidiaries, and in each case the order or decree remains unstayed and in effect for 60 days.
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(A) is for relief against any Relevant Party in an involuntary case or proceeding, or
(B) appoints a Custodian of any Relevant Party for all or substantially all of its properties, or
(C) orders the liquidation of any Relevant Party; or and in each case the order or decree remains unstayed and in effect for 60 days; or
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters an order or decree under any Bankruptcy Code that:
(A) is for relief against the Borrower or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Borrower that, taken together, would constitute a Significant Subsidiary in an involuntary case;
(B) appoints a custodian of the Borrower or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Borrower that, taken together, would constitute a Significant Subsidiary or for all or substantially all of the property of the Borrower or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Borrower that, taken together, would constitute a Significant Subsidiary; or
(C) orders the liquidation of the Borrower or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Borrower that, taken together, would constitute a Significant Subsidiary; and the order or decree remains unstayed and in effect for 60 consecutive days; or
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(a) is for relief against the Company or any Material Subsidiary in an involuntary case or proceeding, or
(b) appoints a Custodian of the Company or any Material Subsidiary for all or substantially all of its properties, or
Involuntary Bankruptcy; Appointment of Custodian, etc. A court of competent jurisdiction enters a Bankruptcy Order under any Bankruptcy Law that:
(A) is for relief against the Company or any Significant Subsidiary in an involuntary case or proceeding, or
(B) appoints a Custodian of the Company or any Significant Subsidiary for all or substantially all of its properties, or
(C) orders the liquidation of the Company or any Significant Subsidiary; and in each case the Bankruptcy Order remains unstayed and in effect for 60 consecutive days.
