Common use of Notice of Bankruptcy Clause in Contracts

Notice of Bankruptcy. Borrower shall provide written notice to Lender of the commencement of proceedings under the Federal bankruptcy laws or other insolvency laws (as now or hereafter in effect) involving Borrower as a debtor.

Appears in 7 contracts

Samples: Equipment Loan and Security Agreement (Core Scientific, Inc./Tx), Equipment Loan and Security Agreement (Core Scientific, Inc./Tx), Equipment Loan and Security Agreement (Akerna Corp.)

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Notice of Bankruptcy. Borrower shall provide written notice to Lender Agent and Lenders of the commencement of proceedings under the Federal bankruptcy laws or other insolvency laws (as now or hereafter in effect) involving Borrower as a debtor.

Appears in 1 contract

Samples: Loan and Security Agreement (Sterling Construction Co Inc)

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