Common use of Involuntary Proceedings Clause in Contracts

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process is issued or levied against a substantial part of the Company's, Parent's or any Material Subsidiary's properties, and such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) or other similar Person for itself or a substantial portion of its property or business.

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, ParentBorrower's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material SubsidiarySubsidiary of the Company, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any of its Material Subsidiary's propertiesSubsidiaries' Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any of its Material Subsidiary Subsidiaries admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any of its Material Subsidiary Subsidiaries acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property Property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's Borrower’s or any Material Subsidiary's ’s properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent any Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parentany Borrower's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent any Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent any Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material Significant Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any Material Significant Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any Material Significant Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any Material Significant Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.;

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Companyany Parent, Parent any Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any Material Subsidiary's propertiessuch Person’s Property, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, dismissed, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Companyany Parent, Parent any Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Companyany Parent, Parent any Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property Property or business.;

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent or the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the CompanyParent's, Parentthe Company's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 sixty days after commencement, filing or levy; (ii) the Company, Parent or the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent or the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is ----------------------- commenced or filed against the Company, Parent Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, ParentBorrower's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material SubsidiarySubsidiary of the Company, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any of its Material Subsidiary's propertiesSubsidiaries' Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any of its Material Subsidiary Subsidiaries admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any of its Material Subsidiary Subsidiaries acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property Property or business.;

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material Subsidiarymaterial Subsidiary of the Company, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's ’s or any Material Subsidiary's propertiesof its material Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any Material Subsidiary of its material Subsidiaries admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any Material Subsidiary of its material Subsidiaries acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property Property or business.;

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is ----------------------- commenced or filed against the Company, the Parent or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, the Parent's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, the Parent or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, the Parent or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, the Parent or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process is issued or levied against a substantial part of the Company's, Parent's or any Material Subsidiary's properties, and such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, the Parent or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, the Parent or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) or other similar Person for itself or a substantial portion of its property or business.

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, ParentBorrower's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.

Involuntary Proceedings. (i) Any involuntary ----------------------- Insolvency Proceeding is commenced or filed against the CompanyParent, Parent the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the CompanyParent's, Parentthe Company's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the CompanyParent, Parent the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the CompanyParent, Parent the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent BorrowerCompany or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process is issued or levied against a substantial part of the Company's, Parent's BorrowerCompany’s or any Material Subsidiary's ’s properties, and such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded bonded, within 60 days after commencement, filing or levy; (ii) the Company, Parent BorrowerCompany or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency ProceedingProceeding with respect to the BorrowerCompany or such Subsidiary; or (iii) the Company, Parent BorrowerCompany or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent or the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process is issued or levied against a substantial part of the CompanyParent's, Parentthe Company's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 sixty days after commencement, filing or levy; (ii) the Company, Parent or the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent or the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against Holdings, the Company, Parent Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of Holdings', the Company's, Parent's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) Holdings, the Company, Parent Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) Holdings, the Company, Parent Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is Is commenced or filed against the Company, Parent Guarantor or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, ParentGuarantor's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Guarantor or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Guarantor or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against Holdings, the Company, Parent Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of Holdings', the Company's, Parent's or any Material Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) Holdings, the Company, Parent Company or any Material Subsidiary admits the material allegations of a 70. 78 petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) Holdings, the Company, Parent Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material Restricted Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any Material Restricted Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any Material Restricted Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any Material Restricted Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.; or

Involuntary Proceedings. (i) Any involuntary Insolvency ----------------------- Proceeding is commenced or filed against the Company, Parent Culligan or any Material Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process is issued or levied against a substantial part of the Company's, ParentCulligan's or any Material Subsidiary's properties, and such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Culligan or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency ProceedingProceeding commenced or filed against Culligan or any Subsidiary; or (iii) the Company, Parent Culligan or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor) or other similar Person for itself or a substantial portion of its property or business.

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company, Parent Company or any Material Significant Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process process, is issued or levied against a substantial part of the Company's, Parent's or any Material Significant Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, warrant of execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) the Company, Parent Company or any Material Significant Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) the Company, Parent Company or any Material Significant Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent Administrative Agent therefor) ), or other similar Person for itself or a substantial portion of its property or business.