Common use of Involuntary Proceedings Clause in Contracts

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed and in effect, for a period of sixty (60) or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (ia) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (iib) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iiic) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- un-stayed and in effect, for a period of sixty (60) or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (ia) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (iib) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iiic) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; oror (iv) as part of such a proceeding, a Party, receiver, custodian, trustee or liquidator shall cancel this Agreement, or sell ZECs to a third party other than NYSERDA or (subject to the terms of Section 2.9) an LSE;

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; oror (iv) as part of such a proceeding, a Party, receiver, custodian, trustee or liquidator shall cancel this Agreement, or sell ZECs to a third party other than NYSERDA or (subject to the terms of Section 2.9) an LSE; EXECUTION VERSION

Involuntary Proceedings. A proceeding or case shall be commenced against a the Borrower or any other Loan Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; , (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; , or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, the Borrower or any other Loan Party shall be entered in an involuntary case under the Bankruptcy Code; or.

Involuntary Proceedings. A proceeding or case shall be commenced against a the Company or any other Loan Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; , (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; , or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, the Company or any other Loan Party shall be entered in an involuntary case under the Bankruptcy Code; or.

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- un-stayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (ia) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (iib) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iiic) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- un-stayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (ia) its liquidationLiquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (iib) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iiic) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissedundismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- stayed unstayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or

Involuntary Proceedings. A proceeding or case shall be commenced against a Party, without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts; (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of all or any substantial part of its assets; or (iii) similar relief under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts, and such proceeding or case shall continue un-dismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue un- un-stayed and in effect, for a period of sixty (60) 60 or more days; or an order for relief against a Party, shall be entered in an involuntary case under the Bankruptcy Code; or.