Voluntary Proceedings. A Party shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial part of its property; (ii) make a general assignment for the benefit of its creditors; (iii) commence a voluntary case under the Bankruptcy Code; (iv) file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts; (v) acquiesce in writing to, any petition filed against it in an involuntary case under the Bankruptcy Code; or (vi) take any corporate action for the purpose of effecting any of the foregoing; or
Appears in 7 contracts
Samples: Build Ready Standard Form Agreement, Renewable Energy Standard Agreement, Renewable Energy Standard Agreement
Voluntary Proceedings. A Party shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself such Party or of all or a substantial part of its property; (ii) make a general assignment for the benefit of its creditors; (iii) commence a voluntary case under the Bankruptcy Code; (iv) file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts; (v) acquiesce in writing to, any petition filed against it in an involuntary case under the Bankruptcy Code; or (vi) take any corporate action for the purpose of effecting any of the foregoing; or
Appears in 3 contracts
Samples: Standard Form Agreement, Res Standard Form Agreement, Res Standard Form Agreement
Voluntary Proceedings. A The Company or any other Loan Party shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial part of its property; , (ii) make a general assignment for the benefit of its creditors; , (iii) commence a voluntary case under the Bankruptcy Code; , (iv) file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts; , (v) acquiesce in writing to, any petition filed against it in an involuntary case under the Bankruptcy Code; , or (vi) take any corporate action for the purpose of effecting any of the foregoing; or.
Appears in 2 contracts
Samples: Credit Agreement (Docucorp Inc), Credit Agreement (Serologicals Corp)