The Applicant. 8.3.1 is or becomes unable or admits inability to pay the Applicant's debts as they fall due; 8.3.2 is deemed to, or is declared to, be unable to pay the Applicant's debts under applicable law; 8.3.3 suspends or threatens to suspend making payments on any of the Applicant's debts; and 8.3.4 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of the Applicant's creditors with a view to rescheduling any of the Applicant's indebtedness; or
Appears in 4 contracts
Sources: Grant Funding Agreement, Grant Funding Agreement, Grant Funding Agreement