Common use of Involuntary Bankruptcy Proceeding Clause in Contracts

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereof, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including an order for relief under any Debtor Relief Laws) shall be entered.

Appears in 4 contracts

Samples: Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.), Term Loan Credit Agreement (CoreCivic, Inc.)

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Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereof, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Laws) shall be entered.

Appears in 3 contracts

Samples: Incremental Term Loan Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 3 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Jack in the Box Inc /New/)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower any Credit Party or any Restricted Subsidiary (other than an Immaterial Foreign Subsidiary) thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower any Credit Party or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 3 contracts

Samples: Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the any Borrower Party or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Bankruptcy Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the any Borrower Party or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 2 contracts

Samples: Credit Agreement (KMG Chemicals Inc), Credit Agreement (KMG Chemicals Inc)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower any Credit Party or any Restricted Subsidiary (other than an Immaterial Subsidiary) thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower any Credit Party or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 1 contract

Samples: Credit Agreement (Boot Barn Holdings, Inc.)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower or any Restricted Subsidiary Credit Party thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, CHAR2\1566724v8 custodian, liquidator or the like for the Borrower or any Restricted Subsidiary Credit Party thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

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Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower any Credit Party or any Restricted Material Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, receiver-arranger, custodian, liquidator or the like for the Borrower any Credit Party or any Restricted Material Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any such Debtor Relief Laws) shall be entered.

Appears in 1 contract

Samples: Credit Agreement (Mitel Networks Corp)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the Borrower any Credit Party or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the Borrower any Credit Party or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief Lawssuch federal bankruptcy laws) shall be entered.

Appears in 1 contract

Samples: Term Loan Agreement (FTS International, Inc.)

Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against the any Borrower or any Restricted Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief LawsLaw (as now or hereafter in effect), or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for the any Borrower or any Restricted Subsidiary thereof or for all or any substantial part of the assets thereoftheir respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty ninety (6090) consecutive days, or an order granting the relief requested in such case or proceeding (including including, but not limited to, an order for relief under any Debtor Relief LawsLaw) shall be entered.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

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