Common use of Involuntary Bankruptcy, etc Clause in Contracts

Involuntary Bankruptcy, etc. (i) A court having jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor in an involuntary case under Title 11 of the United States Code entitled "Bankruptcy" (as now and hereinafter in effect, or any successor thereto, the "Bankruptcy Code") or any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law or (ii) an involuntary case shall be commenced against Debtor under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor or over all or a substantial part of Debtor's property shall have been entered; or the involuntary appointment of an interim receiver, trustee or other custodian of Debtor for all or a substantial part of Debtor's property shall have occurred; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of Debtor, and, in the case of any event described in this clause (ii), such event shall have continued for 60 days unless dismissed, bonded or discharged; or

Appears in 4 contracts

Samples: Letter Agreement (A&m Investment Associates 3 LLC), Stock Pledge Agreement (A&m Investment Associates 3 LLC), M Stock Pledge and Account Agreement (A&m Investment Associates 3 LLC)

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Involuntary Bankruptcy, etc. (iA) A court having jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor any in an involuntary case under Title 11 of the United States Bankruptcy Code entitled "Bankruptcy" (as now and hereinafter in effect, or any successor thereto, the "Bankruptcy Code") or any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law law; or (iiB) an involuntary case shall be commenced against Debtor any Grantor under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor Grantor or over all or a substantial part of Debtor's its property shall have been entered; or the involuntary appointment of an interim receiver, trustee or other custodian of Debtor any Grantor for all or a substantial part of Debtor's its property shall have occurred; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of Debtorany Grantor, and, in the case of any event described in this clause (iiB), such event shall have continued for 60 days unless dismissed, bonded or discharged; or

Appears in 3 contracts

Samples: Pledge Agreement (Umami Sustainable Seafood Inc.), Pledge Agreement (Umami Sustainable Seafood Inc.), Pledge Agreement (Umami Sustainable Seafood Inc.)

Involuntary Bankruptcy, etc. (i) A court having jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor Obligor in an involuntary case under Title 11 of the United States Code entitled "Bankruptcy" (as now and hereinafter in effect, or any successor thereto, the "Bankruptcy Code") or any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law law; or (ii) an involuntary case shall be commenced against Debtor Obligor under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor Obligor or over all or a substantial part of Debtor's its property shall have been entered; or the involuntary appointment of an interim receiver, trustee or other custodian of Debtor Obligor for all or a substantial part of Debtor's its property shall have occurred; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of DebtorObligor, and, in the case of any event described in this clause (iid), such event shall have continued for 60 sixty (60) days unless dismissed, bonded or discharged; or

Appears in 2 contracts

Samples: Stevens International Inc, Stevens International Inc

Involuntary Bankruptcy, etc. (i) A court having of competent jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor Borrower or any Subsidiary in an involuntary case under Title 11 of the United States Bankruptcy Code entitled "Bankruptcy" (as now and hereinafter in effect, or under any successor thereto, the "Bankruptcy Code") or any other applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law law, which decree or order is not stayed; or (ii) an involuntary case shall be commenced against Debtor Borrower or any Subsidiary under the Bankruptcy Code or under any other applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor Borrower or any Subsidiary, or over all or a substantial part of Debtor's property its property, shall have been entered; or there shall have occurred the involuntary appointment of an interim receiver, trustee or other custodian of Debtor Borrower or any Subsidiary for all or a substantial part of Debtor's property shall have occurredits property; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of DebtorBorrower or any Subsidiary, and, in the case of and any such event described in this clause (ii), such event ) shall have continued continue for 60 ninety (90) days unless without having been dismissed, bonded bonded, discharged or dischargedstayed; or

Appears in 2 contracts

Samples: Loan Agreement (Key Technology Inc), Loan Agreement (Key Technology Inc)

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Involuntary Bankruptcy, etc. (i) A court having jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor in an involuntary case under Title 11 of the United States Code entitled "Bankruptcy" (as now and hereinafter in effect, or any successor thereto, the "Bankruptcy CodeBANKRUPTCY CODE") or any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law or (ii) an involuntary case shall be commenced against Debtor under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor or over all or a substantial part of Debtor's property shall have been entered; or the involuntary appointment of an interim receiver, trustee or other custodian of Debtor for all or a substantial part of Debtor's property shall have occurred; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of Debtor, and, in the case of any event described in this clause (ii), such event shall have continued for 60 days unless dismissed, bonded or discharged; or

Appears in 1 contract

Samples: Stock Pledge Agreement (Wherehouse Entertainment Inc)

Involuntary Bankruptcy, etc. (iA) A court having jurisdiction in the premises shall enter a decree or order for relief in respect of Debtor the Company in an involuntary case under Title 11 of the United States Code entitled "Bankruptcy" (as now and hereinafter in effect, or any successor thereto, the "Bankruptcy Code") or any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, which decree or order is not stayed; or any other similar relief shall be granted under any applicable federal or state law law; or (iiB) an involuntary case shall be commenced against Debtor the Company under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over Debtor the Company or over all or a substantial part of Debtor's its property shall have been entered; or the involuntary appointment of an interim receiver, trustee or other custodian of Debtor the Company for all or a substantial part of Debtor's its property shall have occurred; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of Debtorthe Company, and, in the case of any event described in this clause (iiB), such event shall have continued for 60 sixty (60) days unless dismissed, bonded or discharged; or;

Appears in 1 contract

Samples: Stockholders Agreement (Quantum Computing Inc.)

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