Common use of Involuntary Bankruptcy Proceedings Clause in Contracts

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;

Appears in 5 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

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Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company Company, or any Restricted Subsidiary, or of all or any of the Collateral or any material Property of the Company or any Subsidiaryeither, shall be appointed by court order and such order remains in effect for more than thirty forty-five (3045) days; or an order for relief shall be entered with respect to the Company or any Restricted Subsidiary, or the Company or any Subsidiary, Restricted Subsidiary shall be adjudicated a bankrupt or insolvent;,

Appears in 2 contracts

Samples: Note Purchase Agreement (Birmingham Steel Corp), Note Purchase Agreement (Birmingham Steel Corp)

Involuntary Bankruptcy Proceedings. (iA) 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;

Appears in 2 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

Involuntary Bankruptcy Proceedings. (i) a receiver, administrator, examiner, liquidator, custodian custodian, trustee or trustee similar official in respect of the Company or any Subsidiary, Subsidiary or in respect of all or any part of the Collateral or any material Property of the Company or any Subsidiary, Subsidiary shall be appointed by order of a court order or other Governmental Authority and such order remains shall remain in effect for more than thirty (30) 60 days; , or an order for relief shall be entered with respect to the Company or any Subsidiary, or the Company or any Subsidiary, Subsidiary shall be adjudicated a bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Ace Cash Express Inc/Tx)

Involuntary Bankruptcy Proceedings. (iA) a receiver, liquidator, custodian or trustee of the Company or any Restricted Subsidiary, or of all or any substantial part of the Collateral or any material Property of the Company or any Subsidiaryeither, shall be is appointed by court order or under the SIPA and such order remains in effect for more than thirty sixty (3060) days; or an order for relief shall be is entered with respect to the Company or any Restricted Subsidiary, or the Company or any Subsidiary, shall be Restricted Subsidiary is adjudicated a bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Interstate Johnson Lane Inc)

Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company or any Subsidiary, or of all or any part of the Collateral or any material Property of the Company or any Subsidiarysuch Person, shall be appointed by court order and such order remains shall remain 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, Subsidiary shall be adjudicated a bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Hudson Foods Inc)

Involuntary Bankruptcy Proceedings. (i) a A receiver, liquidator, custodian or trustee of the Company or any Material Subsidiary, or of all or any substantial part of the Collateral or any material Property of the Company or any Subsidiaryeither, 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 Material Subsidiary, or the Company or any Subsidiary, Material Subsidiary shall be adjudicated a bankrupt or insolvent;; or

Appears in 1 contract

Samples: Seaboard Corp /De/

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Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company or any SubsidiaryCompany, the General Partner or of all or any of the Collateral or any material Property property of the Company or any Subsidiary, the General Partner shall be appointed by court order and such order remains in effect for more than thirty (30) 60 days; or an order for relief shall be entered with respect to the Company or any Subsidiary, the General Partner or the Company or any Subsidiary, the General Partner shall be adjudicated a bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Labranche & Co Inc)

Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company or any SubsidiaryCompany, the General Partner or of all or any of the Collateral or any material Property of the Company or any Subsidiary, the General Partner shall be appointed by court order and such order remains in effect for more than thirty (30) 60 days; or an order for relief shall be entered with respect to the Company or any Subsidiary, the General Partner or the Company or any Subsidiary, the General Partner shall be adjudicated a bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Labranche & Co Inc)

Involuntary Bankruptcy Proceedings. (i) a receiver, liquidator, custodian or trustee of the Company or any Subsidiary, or of all or any part of the Collateral or any material Property of the Company or any Subsidiaryeither, shall be appointed by court order and such order remains shall remain 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, Subsidiary shall be adjudicated bankrupt or insolvent;

Appears in 1 contract

Samples: Note Purchase Agreement (Littelfuse Inc /De)

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