Common use of Receivers Clause in Contracts

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 3 contracts

Samples: Loan Agreement (Roadhouse Grill Inc), Loan Agreement (Roadhouse Grill Inc), Loan Agreement (Roadhouse Grill Inc)

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Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or or, if the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan Agreement (Graham Corp), Loan Agreement (Graham Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s (or any Obligor’s) business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Business Loan Agreement (Network Equipment Technologies Inc), Business Loan Agreement (Remedytemp Inc)

Receivers. A receiver or similar official is appointed for a substantial any portion of the any Borrower’s or any Obligor’s business, or the Borrower’s business is terminated, terminated or if the any Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Greystone Logistics, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's (or any guarantor's) or any trustor's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Business Loan Agreement (U S Laboratories Inc), Business Loan Agreement (U S Laboratories Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's (or any guarantor's) business, or the Borrower’s business is terminated, or if the Borrower any guarantor is liquidated or dissolved.

Appears in 2 contracts

Samples: Employee Loan Agreement (Commerce One Inc / De/), Loan Agreement (Escalon Medical Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kewaunee Scientific Corp /De/), Loan and Security Agreement (Kewaunee Scientific Corp /De/)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's (on a consolidated basis) business, or the Borrower’s business is terminated, terminated or if the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan Agreement (Nu Skin Enterprises Inc), Loan Agreement (Nu Skin Enterprises Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower’s (or any Obligor’s) business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Bebe Stores Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Second Sight Medical Products Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's or any Obligor's business, or the Borrower’s business is terminated, or if the Borrower such Obligor is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Remark Media, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Stater Bros Holdings Inc)

Receivers. A receiver or similar official is appointed for a substantial portion Borrower's business (or any general partner or majority shareholder of the Borrower’s businesseither), or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (ASPA Gold Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or or, if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the --------- Borrower’s 's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Image Entertainment Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Financing Agreement (Ion Networks Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's (or any subsidiary of the Borrower) business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Universal Electronics Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower’s (or any Guarantor’s) business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Financing Agreement (Digital Turbine, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s or any Material Subsidiary’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.; or

Appears in 1 contract

Samples: Credit Agreement (Equinix Inc)

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Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Modification Agreement (Zumiez Inc)

Receivers. A receiver or similar official is appointed for a substantial any portion of the Borrower’s 's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Modification Agreement (Tel Instrument Electronics Corp)

Receivers. A receiver or similar official is appointed by a court of competent jurisdiction for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or or, if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Breeze-Eastern Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business's, or the Borrower’s business is terminated, or if the . If Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Video Display Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's or any subsidiary’s business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Sequa Corp /De/)

Receivers. A receiver or similar official is appointed for a substantial portion of the --------- Borrower’s 's business, or the Borrower’s 's business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Commercial Loan Agreement (Artest Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, (or any Guarantor’s) business or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Financing Agreement (E2open Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the --------- Borrower’s 's or the Subsidiary Borrower's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower’s 's business, or the Borrower’s business of any Borrower is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Business Loan Agreement (Lec Technologies Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s 's or any Guarantor's business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Move Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower’s 's (or any Obligor's) business, or the Borrower’s business is terminated, or if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Mercury Air Group Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower’s business, or the Borrower’s business is terminated, or or, if the Borrower is anything other than a natural person, the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

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