Receiver or Trustee. The Company shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Company is not dismissed within sixty (60) days of appointment.
Appears in 14 contracts
Samples: Subscription Agreement (Air Industries Group), Subscription Agreement (Air Industries Group), Subscription Agreement (Air Industries Group)
Receiver or Trustee. The Company or any of its Subsidiaries shall make an a general assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of by a person other than the Company is or a Subsidiary, and such appointment by a person other than the Company or a Subsidiary shall not have been dismissed or withdrawn within sixty (60) 60 days of such appointment.
Appears in 2 contracts
Samples: Numerex Corp /Pa/, Numerex Corp /Pa/
