No Insolvency. Transferee has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, had any petition for a receiving order in bankruptcy filed against it, instituted any proceeding with respect to a compromise or arrangement, instituted any proceeding to have itself declared bankrupt or wound-up, instituted any proceeding to have a receiver appointed in connection with any of its assets, had any encumbrancer take possession of any of its assets, or had any execution or distress become enforceable or become levied upon any of its assets.
Appears in 3 contracts
Samples: Transfer Agreement (CNL Healthcare Trust, Inc.), Transfer Agreement (CNL Healthcare Trust, Inc.), Transfer Agreement (Sunrise Senior Living Inc)
No Insolvency. Transferee Transferor has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, or had any petition for a receiving order in bankruptcy filed against it, instituted any proceeding with respect to a compromise or arrangement, instituted any proceeding to have itself declared bankrupt or wound-up, instituted any proceeding to have a receiver appointed in connection with any of its assets, had any encumbrancer emcumbrancer take possession of any of its assets, or had any execution or distress become enforceable or become levied upon any of its assets.
Appears in 3 contracts
Samples: Transfer Agreement (Sunrise Senior Living Inc), Transfer Agreement (Sunrise Senior Living Inc), Transfer Agreement (CNL Lifestyle Properties Inc)
No Insolvency. Transferee has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, had any petition for a receiving order in bankruptcy filed against it, instituted any proceeding with respect to a compromise or arrangement, instituted any proceeding to have itself declared bankrupt or wound-up, instituted any proceeding to have a receiver appointed in connection with any of its assets, had any encumbrancer emcumbrancer take possession of any of its assets, or had any execution or distress become enforceable or become levied upon any of its assets.
Appears in 3 contracts
Samples: Transfer Agreement (Sunrise Senior Living Inc), Transfer Agreement (Sunrise Senior Living Inc), Transfer Agreement (CNL Lifestyle Properties Inc)
No Insolvency. Transferee has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, or had any petition for a receiving order in bankruptcy filed against it, instituted any proceeding with respect to a compromise or arrangement, instituted any proceeding to have itself declared bankrupt or wound-up, instituted any proceeding to have a receiver appointed in connection with any of its assets, had any encumbrancer take possession of any of its assets, or had any execution or distress become enforceable or become levied upon any of its assets.
Appears in 1 contract
No Insolvency. Transferee Transferor has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, or had any petition for a receiving order in bankruptcy filed against it, instituted any proceeding with respect to a compromise or arrangement, instituted any proceeding to have itself declared bankrupt or wound-up, instituted any proceeding to have a receiver appointed in connection with any of its assets, had any encumbrancer take possession of any of its assets, or had any execution or distress become enforceable or become levied upon any of its assets.
Appears in 1 contract