Common use of Voluntary Bankruptcy; Insolvency; Dissolution Clause in Contracts

Voluntary Bankruptcy; Insolvency; Dissolution. (i) The filing of a petition by Borrower or Operating Lessee for relief under the Bankruptcy Code, or under any other present or future state or federal law regarding bankruptcy, reorganization, insolvency or other debtor relief law; (ii) the filing of any pleading or an answer by Borrower or Operating Lessee in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition’s material allegations regarding Borrower’s or Operating Lessee’s insolvency; (iii) a general assignment by Borrower or Operating Lessee for the benefit of creditors; or (iv) Borrower or Operating Lessee applying for, or the appointment of, a receiver, trustee, custodian, liquidator or similar official with respect to Borrower or Operating Lessee or any of Borrower’s or Operating Lessee’s property; or

Voluntary Bankruptcy; Insolvency; Dissolution. (i) The filing of a petition by Borrower or Borrower, Operating Lessee or Employer Company for relief under the Bankruptcy Code, or under any other present or future state or federal law regarding bankruptcy, reorganization, insolvency reorganization or other debtor relief law; (ii) the filing of any pleading or an answer by Borrower or Borrower, Operating Lessee or Employer Company in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition’s material allegations regarding Borrower’s, Operating Lessee’s or Operating LesseeEmployer Company’s insolvency; (iii) a general assignment by Borrower or Borrower, Operating Lessee or Employer Company for the benefit of creditors; or (iv) Borrower or Borrower, Operating Lessee or Employer Company applying for, or the appointment of, a receiver, trustee, custodiancustodian or liquidator of such Borrower, liquidator or similar official with respect to Borrower or Operating Lessee or Employer Company or any of Borrower’s its property (whether owned or Operating Lessee’s propertyleased); or

Voluntary Bankruptcy; Insolvency; Dissolution. (i) The filing of a petition by Borrower or Borrower, Operating Lessee or Employer Company for relief under the Bankruptcy Code, or under any other present or future state or federal law regarding bankruptcy, reorganization, insolvency reorganization or other debtor relief law; (ii) the filing of any pleading or an answer by Borrower or Borrower, Operating Lessee or Employer Company in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition’s material allegations regarding Borrower’s, Operating Lessee’s or Operating LesseeEmployer Company’s insolvency; (iii) a general assignment by Borrower or Borrower, Operating Lessee or Employer Company for the benefit of creditors; or (iv) Borrower or Borrower, Operating Lessee or Employer Company applying for, or the appointment of, a receiver, trustee, custodiancustodian or liquidator of such Borrower, liquidator or similar official with respect to Borrower or Operating Lessee or Employer Company or any of Borrower’s its property (whether owned or Operating Lessee’s propertyleased); oror Loan No. 1005062

Voluntary Bankruptcy; Insolvency; Dissolution. (i) The filing of a petition by a Borrower or Operating Lessee for relief under the Bankruptcy Code, or under any other present or future state or federal law regarding bankruptcy, reorganization, insolvency reorganization or other debtor relief law; (ii) the filing of any pleading or an answer by a Borrower or Operating Lessee in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition’s material allegations regarding such Borrower’s or Operating Lessee’s insolvency; (iii) a general assignment by a Borrower or Operating Lessee for the benefit of creditors; or (iv) a Borrower or Operating Lessee applying for, or the appointment of, a receiver, trustee, custodian, custodian or liquidator or similar official with respect to of such Borrower or Operating Lessee or any of Borrower’s its property (whether owned or Operating Lessee’s propertyleased); oror Loan No. 1004873

Voluntary Bankruptcy; Insolvency; Dissolution. (i) The filing of a petition by Borrower or Operating Lessee for relief under the Bankruptcy Code, or under any other present or future state or federal law regarding bankruptcy, reorganization, insolvency reorganization or other debtor relief law; (ii) the filing of any pleading or an answer by Borrower or Operating Lessee in any involuntary proceeding under the Bankruptcy Code or other debtor relief law which admits the jurisdiction of the court or the petition’s material allegations regarding Borrower’s or Operating Lessee’s insolvency; (iii) a general assignment by Borrower or Operating Lessee for the benefit of creditors; or (iv) Borrower or Operating Lessee applying for, or the appointment of, a receiver, trustee, custodian, custodian or liquidator or similar official with respect to of Borrower or Operating Lessee or any of Borrower’s its property (whether owned or Operating Lessee’s propertyleased); or