Common use of Payment Over of Proceeds Upon Dissolution, Etc Clause in Contracts

Payment Over of Proceeds Upon Dissolution, Etc. In the event of (a) any insolvency or bankruptcy case or Proceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling of assets and liabilities of the Company, then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "Proceeding")

Payment Over of Proceeds Upon Dissolution, Etc. In Upon any payment or distribution of assets of the event of Company to creditors upon (a) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling marshalling of assets and or liabilities of the Company, then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "ProceedingPROCEEDING");

Payment Over of Proceeds Upon Dissolution, Etc. In Upon any payment or distribution of assets of the event of Company to creditors upon (a) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling marshalling of assets and or liabilities of the Company, then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "Proceeding");

Payment Over of Proceeds Upon Dissolution, Etc. In the event of (a) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company or to its creditorsassets, as such, whether voluntary or to its assetsinvoluntary from any source, or (b) any liquidation, dissolution or other winding winding-up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling marshalling of assets and or liabilities of the Company, then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "Proceeding"):

Payment Over of Proceeds Upon Dissolution, Etc. In the event case of the pendency of (a) any insolvency or bankruptcy case or Proceedingreceivership, or any receivershipinsolvency, liquidation, reorganization bankruptcy, reorganization, arrangement, adjustment, composition or other similar case or Proceeding in connection therewith, judicial proceeding relative to the Company Company, its creditors or to its creditorsproperty, as such, or to its assets, or (b) any proceeding for the liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and involuntary, whether or not involving insolvency or bankruptcybankruptcy proceedings, or (c) any assignment by the Company for the benefit of creditors or (d) any other marshaling of the assets and liabilities of the Company, then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "Proceeding"), then the holders

Payment Over of Proceeds Upon Dissolution, Etc. In Upon any payment or distribution of assets of the event of Corporation to creditors upon (a) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company or to its creditors, as such, Corporation or to its assets, or (b) any liquidation, dissolution or other winding up of the CompanyCorporation, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling marshalling of assets and or liabilities of the CompanyCorporation, then and in any such event specified in clause (a), (b) or (c) above (each such event, if any, herein sometimes being referred to as a "Proceeding")):

Payment Over of Proceeds Upon Dissolution, Etc. In the event of (ai) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, ; or (bii) any liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, ; or (ciii) any assignment for the benefit of creditors or any other marshaling marshalling of assets and or liabilities of the Company, then and in any such event specified in clause (ai), clause (bii) or clause (ciii) above (each such event, if any, herein sometimes referred to as a "ProceedingPROCEEDING")):

Payment Over of Proceeds Upon Dissolution, Etc. In the event of (a) any insolvency or bankruptcy case or Proceedingproceeding, or any receivership, liquidation, reorganization or other similar case or Proceeding proceeding in connection therewith, relative to the Company Borrower or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution or other winding up of the CompanyBorrower, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshaling of assets and or liabilities of the CompanyBorrower (collectively, "Bankruptcy Events"), then and in any such event specified in (a), (b) or (c) above (each such event, if any, herein sometimes referred to as a "Proceeding"):