Common use of Voluntary Bankruptcy and Insolvency Proceedings Clause in Contracts

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 as amended or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of the Company or such Company subsidiary, or shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, in furtherance or any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or the Company or such Company subsidiary, or any of its Subsidiaries shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or;

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or ----------------------------------------------- any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or, the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; oror (c)

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or, the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the ----------------------------------------------- Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company the Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, readjustment liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law Law or the law Law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company the Subsidiary or for all or any substantial part of the property of Company's or the Subsidiary's property, or the Company or such Company subsidiary, or the Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law Law or the law Law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; or

Voluntary Bankruptcy and Insolvency Proceedings. If the Company or any Company Subsidiary shall file a petition in bankruptcy or for reorganization or for an arrangement or any composition, readjustment, liquidation, dissolution or similar relief pursuant to the Federal Bankruptcy Code of 1978 1978, as amended amended, or under any similar present or future federal law or the law of any other jurisdiction or shall be adjudicated a bankrupt or become insolvent, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequester sequestrator (or other similar official) of the Company or such Company Subsidiary or for all or any substantial part of the property of its respective property, or the Company or such Company subsidiary, or any Subsidiary shall make an assignment for the benefit of its creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take any corporate action, as the case may be, in furtherance or of any of the foregoing; oror (d)