Common use of Proceedings Against Borrower Clause in Contracts

Proceedings Against Borrower. So long as any Senior Indebtedness is outstanding (including any loans, any commitments to lend or open lender guarantees or any lender guarantees, Holder (solely in its capacity as a holder of this Note) shall not commence any bankruptcy, insolvency, reorganization or other similar proceeding against Borrower.

Appears in 4 contracts

Samples: Credit Agreement (Aurora Foods Inc /Md/), Subordinated Note (Outsourcing Solutions Inc), Credit Agreement (MBW Foods Inc)

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Proceedings Against Borrower. So long as any Senior Indebtedness is outstanding (including any loans, any commitments to lend or open lender guarantees lend, any letters of credit or any lender guarantees, Holder (solely in its capacity as a holder of this Note) shall not commence any bankruptcy, insolvency, reorganization or other similar proceeding against Borrower.

Appears in 1 contract

Samples: Credit Agreement (DMW Worldwide Inc)

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Proceedings Against Borrower. So long as any Senior Indebtedness is ---------------------------- outstanding (including any loans, any commitments to lend or open lender guarantees or any lender guarantees, Holder (solely in its capacity as a holder of this Note) shall not commence any bankruptcy, insolvency, reorganization or other similar proceeding against Borrower.

Appears in 1 contract

Samples: Credit Agreement (Anthony Crane Rental Lp)

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