Common use of Involuntary Bankruptcy Clause in Contracts

Involuntary Bankruptcy. An involuntary bankruptcy case remains undismissed or unstayed for 60 days or, if earlier, an order granting the relief sought is entered.

Appears in 15 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Cerulean Pharma Inc.), Loan and Security Agreement (Cerulean Pharma Inc.)

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Involuntary Bankruptcy. An involuntary bankruptcy case remains undismissed or unstayed for 60 30 days or, if earlier, an order granting the relief sought is entered.

Appears in 13 contracts

Samples: Loan and Security Agreement (Anacor Pharmaceuticals Inc), Loan and Security Agreement (ARYx Therapeutics, Inc.), Loan and Security Agreement (Gevo, Inc.)

Involuntary Bankruptcy. An involuntary bankruptcy case against Borrower remains undismissed or unstayed for 60 days or, if earlier, an order granting the relief sought is entered.

Appears in 4 contracts

Samples: Loan and Security Agreement, Loan Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

Involuntary Bankruptcy. An involuntary bankruptcy case against an Obligor remains undismissed or unstayed for 60 30 days or, if earlier, an order granting the relief sought is entered.

Appears in 1 contract

Samples: Loan Agreement (Enerkem Inc.)

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Involuntary Bankruptcy. An involuntary bankruptcy case against Borrower remains undismissed or unstayed for 60 days or, if earlier, an order granting the relief sought is entered. Section 9.1 of the Agreement shall be deleted and replaced with the following new Section 9.1:

Appears in 1 contract

Samples: Loan and Security Agreement (Zipcar Inc)

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