Status of Seller. Seller shall not be in receivership or have made any assignment for the benefit of creditors, or admit in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, which remains outstanding as of the Closing Date.
Appears in 3 contracts
Samples: Windrose Medical Properties Trust, Windrose Medical Properties Trust, Windrose Medical Properties Trust
Status of Seller. Seller shall not be in receivership or have made any assignment for the benefit of creditors, or admit admitted in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, which remains outstanding as of the Closing Date.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Windrose Medical Properties Trust), Purchase and Sale Agreement (Windrose Medical Properties Trust)
Status of Seller. The Seller shall not be in receivership or have made any assignment for the benefit of creditors, or admit admitted in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, which remains outstanding as of the Closing Date.
Appears in 1 contract
Samples: Purchase Agreement (Windrose Medical Properties Trust)
