Common use of Liquidation etc Clause in Contracts

Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person obligated to pay any part of the Indebtedness;

Appears in 2 contracts

Samples: Loan Agreement (Plains Capital Corp), Loan Agreement (Plains Capital Corp)

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Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person obligated to pay any part of the Indebtedness;; and

Appears in 1 contract

Samples: Subordinate Credit Agreement (Plains Capital Corp)

Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower owner of the Mortgaged Property or any person obligated to pay any part of the Secured Indebtedness;, except for any merger, dissolution or consolidation of a wholly- owned subsidiary pursuant to which Grantor acquires all of the assets of such subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Lubys Inc)

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Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas and/or the state of incorporation or organization, if different (or in the case of an individual, the death or legal incapacity) of the Borrower Grantor, any owner of the Property or any person obligated to pay any part of the Secured Indebtedness;.

Appears in 1 contract

Samples: Deed of Trust (American Medical Technologies Inc/De)

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