Involuntary Bankruptcy Proceedings. The Issuer shall take all actions necessary to defend and dismiss any petition, filing or institution of any involuntary bankruptcy, winding up or insolvency proceedings or procedures against the Issuer or the filing with respect to the Issuer of a petition or answer or consent seeking an involuntary reorganization, arrangement, moratorium, winding up or liquidation proceedings or other involuntary proceedings under any Bankruptcy Law or any similar laws; provided that the obligations of the Issuer in this Section 7.22 shall be subject to the availability of funds therefor under the Priority of Payments. The reasonable fees, costs, charges and expenses incurred by the Issuer (including, without limitation, attorney’s fees and expenses) in connection with taking any such actions constitute Administrative Expenses payable in accordance with the Priority of Payments.
Involuntary Bankruptcy Proceedings. The Issuers shall take all actions necessary to defend and dismiss any petition, filing or institution of any involuntary bankruptcy, winding up or insolvency proceedings or procedures against the Issuer or Co-Issuer, or the filing with respect to the Issuer or the Co-Issuer of a petition or answer or consent seeking an involuntary reorganization, arrangement, moratorium, winding up or liquidation proceedings or other involuntary proceedings under any Bankruptcy Law or any similar laws; provided that the obligations of the Issuers in this Section 7.22 shall be subject to the availability of funds therefor under the Priority of Payments. The reasonable fees, costs, charges and expenses incurred by the Issuer or the Co-Issuer (including, without limitation, attorney’s fees and expenses) in connection with taking any such actions constitute Administrative Expenses payable in accordance with the Priority of Payments.
Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company or any Subsidiary, or of all or any of the Collateral or any material Property of the Company or any Subsidiary, shall be appointed by court order and such order remains in effect for more than thirty (30) days; or an order for relief shall be entered with respect to the Company or any Subsidiary, or the Company or any Subsidiary, shall be adjudicated insolvent;
(ii) any of the Collateral or any material Property of the Company or any Subsidiary shall be sequestered by court order and such order remains in effect for more than thirty (30) days; or
(iii) a petition shall be filed against the Company or any Subsidiary under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, and shall not be dismissed within thirty (30) days after such filing; or
Involuntary Bankruptcy Proceedings. A receiver, liquidator or trustee of the Guarantor, or of any of his Property, is appointed by court order and such order remains in effect for more than sixty days, or an order or decree for relief in an involuntary bankruptcy case is entered with respect to the Guarantor, or any of his Property is sequestered by court order and such order remains in effect for more than sixty days, or a petition is filed against the Guarantor under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, and is not dismissed within sixty days after such filing;
Involuntary Bankruptcy Proceedings. (i) A petition or application shall be filed for the appointment of a trustee or other custodian, liquidator, receiver or similar official of the Borrower, any Guarantor or any of their respective Subsidiaries or any substantial part of the assets of any thereof, or a case or other proceeding shall be commenced against any such Person under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation or similar law of any jurisdiction, now or hereafter in effect, and any such Person shall indicate its approval thereof, consent thereto or acquiescence therein or such petition, application, case or proceeding shall not have been dismissed within ninety (90) days following the filing or commencement thereof; or (ii) a decree or order is entered appointing a trustee, custodian, liquidator, receiver or similar official for the Borrower, any Guarantor or any of their respective Subsidiaries or adjudicating any such Person, bankrupt or insolvent, or approving a petition in any such case or other proceeding, or a decree or order for relief is entered in respect of any such Person in an involuntary case under foreign or federal bankruptcy, insolvency, debtor relief or similar laws as now or hereafter constituted provided that the events described in this §10.1(g) as to any Subsidiary of the Borrower that is not a Guarantor or Unencumbered Pool Asset Owner shall not constitute an Event of Default unless the value of the assets of any such Subsidiary or Subsidiaries that is not a Guarantor or Unencumbered Pool Asset Owner (calculated, to the extent applicable, consistent with the calculation of Consolidated Total Adjusted Asset Value) subject to an event or events described in §10.1(f) and §10.1(g) exceeds $100,000,000.00 individually or in the aggregate;
Involuntary Bankruptcy Proceedings. A receiver, conservator, custodian, liquidator, creditors' committee, board of inspectors or trustee of Borrower, or any Subsidiary or any Guarantor, or of any of their Property, is created, engaged, retained, procured, authorized or appointed in the United States or under any law of any foreign country by the order or decree of any court or agency or supervisory authority having jurisdiction; or Borrower, or any Subsidiary or any Guarantor becomes a debtor under the Bankruptcy Code of the United States or under the law of any foreign country, or is the subject of an order for relief, or becomes bankrupt or insolvent; or Borrower's, any Subsidiary's or any Guarantor's Property is sequestered, seized or attached in the United States or under any law of any foreign country by court order or decree; or a complaint, petition or similar pleading is filed against Borrower, any Subsidiary or any Guarantor under any bankruptcy, reorganization, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, in the United States or in any foreign country, whether such law is now in existence or hereafter in effect; or
Involuntary Bankruptcy Proceedings. A receiver, custodian, liquidator or trustee of PQPC, or of all or any of the property of PQPC, is appointed by court order and such order is consented to by PQPC or remains in effect for more than sixty (60) days after the commencement of such action; or an order for relief under any state or federal bankruptcy law is entered with respect of PQPC or PQPC is adjudicated a bankrupt or insolvent; or any of the property of PQPC is sequestered by court order and such order is consented to by PQPC or remains in effect for more than sixty (60) days after the commencement of such action; or a petition is filed against PQPC under any bankruptcy. reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction; whether now or hereafter in effect, and is not dismissed within sixty (60) days after such filing.
Involuntary Bankruptcy Proceedings. (A) a receiver, liquidator, custodian or trustee of the Company or any Affected Subsidiary, or of all or any of the Collateral or any material Property of the Company or any Affected Subsidiary, shall be appointed by court order and such order remains in effect for more than thirty (30) days; or an order for relief shall be entered with respect to the Company or any Affected Subsidiary, or the Company or any Affected Subsidiary, shall be adjudicated insolvent;
(B) any of the Collateral or any material Property of the Company or any Affected Subsidiary shall be sequestered by court order and such order remains in effect for more than thirty (30) days; or
(C) a petition shall be filed against the Company or any Affected Subsidiary under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, and shall not be dismissed within thirty (30) days after such filing; or
Involuntary Bankruptcy Proceedings. A receiver, custodian, liquidator or trustee of EPOS, or of all or any of the property of EPOS, is appointed by court order and such order is consented to by EPOS or remains in effect for more than sixty (60) days after the commencement of such action; or an order for relief under any state or federal bankruptcy law is entered with respect of EPOS or EPOS is adjudicated a bankrupt or insolvent; or any of the property of EPOS is sequestered by court order and such order is consented to by EPOS or remains in effect for more than sixty (60) days after the commencement of such action; or a petition is filed against EPOS under any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction; whether now or hereafter in effect, and is not dismissed within sixty (60) days after such filing.
Involuntary Bankruptcy Proceedings. (A) a receiver, liquidator, custodian or trustee of any Obligor, or of all or any substantial part of the Property of any of them, is appointed by court order; or an order for relief is entered with respect any Obligor, or any Obligor is adjudicated bankrupt or insolvent;
(B) all or any substantial part of the Property of any Obligor is sequestered by court order; or
(C) a petition is filed against any Obligor under any bankruptcy, reorganization, winding-up, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, and is not dismissed within thirty (30) days after such filing;
