Liquidation etc. the liquidation, termination, dissolution, merger, consolidation or failure to maintain good standing in any Applicable State or the state of its formation (or in the case of an individual, the death or legal incapacity) of Borrower or any Person obligated to pay any part of the Obligations; or
Appears in 3 contracts
Samples: Inventory Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)
Liquidation etc. the The death, liquidation, termination, dissolution, merger, consolidation or failure to maintain good standing in any Applicable State or the state in which the Property is located, the state of its formation (or in the case of an individual, the death or legal incapacity) of Borrower such person's organization or any Person state where such person is required to qualify to do business of the owner of the Property or any person obligated to pay any part of the Obligations; orIndebtedness.
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Liquidation etc. the The liquidation, termination, dissolution, merger, consolidation or failure to maintain good standing in any Applicable State or the applicable state of its formation (or and the state in the case which its Property is located of an individual, the death or legal incapacity) of Borrower or any Person obligated to pay any part of the Obligations; orCompany.
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Samples: Credit Agreement (American Industrial Properties Reit Inc)
