Common use of Issuer May File Proofs of Claim Clause in Contracts

Issuer May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Borrower or the property of the Borrower, the Trustee, or the Issuer with the prior consent of the Trustee, shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 2 contracts

Samples: Subordinate Loan Agreement, Subordinate Loan Agreement

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Issuer May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Borrower Company or the property of the BorrowerCompany, the Trustee, Trustee or the Issuer with the prior consent of the Trustee, Trustee shall be entitled and empowered, by intervention in such proceeding or otherwise:,

Appears in 1 contract

Samples: Loan Agreement (Transcrypt International Inc)

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Issuer May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Borrower or the property of the Borrower, the Trustee, or the Issuer with the prior consent of the Trustee, shall be entitled and empowered, by intervention in such proceeding or otherwise:,

Appears in 1 contract

Samples: Loan Agreement

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