Common use of Involuntary Bankruptcy; Appointment of Receiver, Etc Clause in Contracts

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against Borrower and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 17 contracts

Samples: Loan Agreement, Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (BrightSource Energy Inc)

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Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against the REIT or Borrower or any other Consolidated Entity and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter hereafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 5 contracts

Samples: Term Loan Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Inc), Term Loan Agreement (Arden Realty Limited Partnership)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against any Borrower and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 4 contracts

Samples: And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An If an involuntary case shall be commenced against Borrower Issuer and the petition shall not be dismissed dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case, ; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of any such Person Issuer in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state state, local or foreign law; or.

Appears in 2 contracts

Samples: Secured Non (Ari Network Services Inc /Wi), Ari Network Services Inc /Wi

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An If an involuntary case shall be commenced against Borrower the Issuer and the petition shall not be dismissed dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case, ; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of any such Person the Issuer in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; , or any other similar relief shall be granted under any applicable federal, state state, local or foreign law; or.

Appears in 2 contracts

Samples: Non Negotiatable (Ari Network Services Inc /Wi), Ari Network Services Inc /Wi

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against Borrower or Guarantor and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 2 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against any Borrower and the petition shall not be dismissed dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case, ; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of any such Person Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state state, local or foreign law; or.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against Borrower, Senior Borrower or Guarantor and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 1 contract

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against the Borrower and the petition shall not be dismissed dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case, ; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of any such Person the Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state state, local or foreign law; or.

Appears in 1 contract

Samples: Loan Agreement (Cobra Electronics Corp)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (ia) An involuntary case shall be commenced against Borrower or any Subsidiary of Borrower and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction shall enter a decree or order for relief in respect of any such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or

Appears in 1 contract

Samples: Credit Agreement (Pacific Gulf Properties Inc)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An involuntary case shall be commenced against Borrower or any of its Subsidiaries and the petition shall not be dismissed within sixty (60) days after commencement of the case, or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Borrower or any such Person of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state or foreign law; or.

Appears in 1 contract

Samples: Credit Agreement (American Classic Voyages Co)

Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) An If an involuntary case shall be commenced against Borrower Issuer and the petition shall not be dismissed dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case, ; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of any such Person Issuer in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state state, local or foreign law; or;

Appears in 1 contract

Samples: Exchange Agreement (Ari Network Services Inc /Wi)

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