Common use of Involuntary Bankruptcy or Insolvency Proceedings Clause in Contracts

Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy, insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within 30 days of commencement.

Appears in 23 contracts

Samples: Note Purchase Agreement, Laneaxis, Inc., The Note Purchase Agreement (Homeunion Holdings, Inc.)

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Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy, insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within 30 thirty (30) days of commencement.; or

Appears in 4 contracts

Samples: Note and Warrant Purchase Agreement (Concentric Network Corp), License Agreement (Intermune Pharmaceuticals Inc), License Agreement (Intermune Pharmaceuticals Inc)

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Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy, insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within 30 thirty (30) days of commencement.; or

Appears in 3 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement, Consulting Agreement (Center for Wound Healing, Inc.)

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