Common use of Involuntary Bankruptcy, etc Clause in Contracts

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Appears in 16 contracts

Samples: Letter Agreement (Astrea Acquisition Corp.), Promissory Note (HL Acquisitions Corp.), Promissory Note (HL Acquisitions Corp.)

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Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker Maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Appears in 6 contracts

Samples: Origo Acquisition Corp, Origo Acquisition Corp, ChinaGrowth South Acquisition CORP

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker Borrower in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker Borrower or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 sixty (60) consecutive days.

Appears in 3 contracts

Samples: Letter Agreement (MBF Healthcare Acquisition Corp.), Letter Agreement (MBF Healthcare Acquisition Corp.), Letter Agreement (MBF Healthcare Acquisition Corp.)

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker the Borrower in an involuntary case under the Federal Bankruptcy Codefederal bankruptcy laws, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker the Borrower or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, affairs and the continuance of any such decree or order unstayed undismissed and in effect for a period of 60 consecutive days.

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Financial Corp)

Involuntary Bankruptcy, etc. The entry of a decree or --------------------------- order for relief by a court having jurisdiction in the premises in respect of maker the Borrower in an involuntary case under the Federal United States Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker the Borrower or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, affairs and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive thirty (30) days.

Appears in 1 contract

Samples: Arrow International Inc

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker the Maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, provisional liquidator, examiner, interim examiner, process adviser, administrator, assignee, custodian, trustee, sequestrator (or similar official) of Maker the Maker, or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Appears in 1 contract

Samples: Note Purchase Agreement (OCA Acquisition Corp.)

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Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairsthe affairs of Maker, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Appears in 1 contract

Samples: Stone Arcade Acquisition CORP

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker Maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 sixty (60) consecutive days.

Appears in 1 contract

Samples: Loan Agreement (Echo Healthcare Acquisition Corp.)

Involuntary Bankruptcy, etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of maker the Company in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker the Company or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Appears in 1 contract

Samples: Working Capital Loan Agreement (Ares Acquisition Corp)

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