Common use of Involuntary Proceedings Clause in Contracts

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against any Obligor, or any Significant Subsidiary Group, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, or any such Significant Subsidiary Group’s properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, or any such Significant Subsidiary Group 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) any Obligor, or any such Significant Subsidiary Group 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 any Obligorthe Company, NEHC or any Significant Subsidiary Groupother than a Receivables Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’sthe Company's, NEHC's or any such Significant Subsidiary Group’s Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligorthe Company, NEHC or any such Significant Subsidiary Group other than a Receivables 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) any Obligorthe Company, NEHC or any such Significant Subsidiary Group other than a Receivables 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 any Obligor, of the Loan Parties or any Significant Subsidiary Groupof any Loan Party, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Loan Parties’ or any ObligorSubsidiary of any Loan Party’s, or any such Significant Subsidiary Group’s properties, properties and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 sixty (60) days after commencement, filing or levy; (ii) any Obligor, of the Loan Parties or any such Significant Subsidiary Group of any Loan Party 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. non‑U.S. law) is ordered in any Insolvency Proceeding; or (iii) any Obligor, of the Loan Parties or any such Significant Subsidiary Group of any Loan Party 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 any Obligor, the Company or any Significant Material Restricted Subsidiary Groupof the Company, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Company's or any such Significant Subsidiary Group’s propertiesof its Material Restricted Subsidiaries' Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, the Company or any such Significant Subsidiary Group of its Material Restricted 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) any Obligor, the Company or any such Significant Subsidiary Group of its Material Restricted 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 any Obligorthe Parent, the Company or any Significant Subsidiary Groupof its Material Subsidiaries, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’sthe Parent's, the Company's or any such Significant Subsidiary Group’s of its Material Subsidiaries' properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligorthe Parent, the Company or any such Significant Subsidiary Group 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) any Obligorthe Parent, the Company or any such Significant Subsidiary Group 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 or business; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against any Obligor, of the Loan Parties or any Significant Subsidiary Groupof any Loan Party, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Loan Parties’ or any ObligorSubsidiary of any Loan Party’s, or any such Significant Subsidiary Group’s properties, properties and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 sixty (60) days after commencement, filing or levy; (ii) any Obligor, of the Loan Parties or any such Significant Subsidiary Group of any Loan Party 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) any Obligor, of the Loan Parties or any such Significant Subsidiary Group of any Loan Party 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 any Obligor, Borrower or any Significant Subsidiary Group, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, Borrower's or any such Significant Subsidiary Group’s 's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, Borrower or any such Significant Subsidiary Group 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) any Obligor, Borrower or any such Significant Subsidiary Group 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 any Obligor, the Company or any Significant Subsidiary Groupof the Company, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Company's or any such Significant Subsidiary Group’s propertiesof its Subsidiaries' Property, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, the Company or any such Significant Subsidiary Group of its 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) any Obligor, the Company or any such Significant Subsidiary Group of its 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 any Obligorthe Company, CBIL or any Significant Subsidiary GroupSubsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’sthe Company's, CBIL's or any such Significant Subsidiary Group’s Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligorthe Company, CBIL or any such Significant Subsidiary Group 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. US law) is ordered in any Insolvency Proceeding; or (iii) any Obligorthe Company, CBIL or any such Significant Subsidiary Group 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 Borrower, any Obligor, Guarantor or any Significant Subsidiary Groupor their respective Subsidiaries, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of Borrower's, any Obligor’s, Guarantor's or any such Significant Subsidiary Group’s Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) Borrower, any Obligor, Guarantor or any such Significant Subsidiary Group 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) Borrower, any Obligor, Guarantor or any such Significant Subsidiary Group 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. (g)

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against any Obligor, Borrower Party or by any Significant Subsidiary Groupof their respective Restricted Subsidiaries, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, Borrower's or any such Significant Subsidiary Group’s propertiesof its Restricted Subsidiaries' Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, Borrower or any such Significant Subsidiary Group of its Restricted 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) any Obligor, Borrower or any such Significant Subsidiary Group of its Restricted 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 any Obligor, the Company or any Significant Subsidiary Groupof the Company, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Company’s or any such Significant Subsidiary Group’s propertiesof its Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 sixty (60) days after commencement, filing or levy; (ii) any Obligor, the Company or any such Significant Subsidiary Group of its 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) any Obligor, the Company or any such Significant Subsidiary Group of its 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 any Obligor, or any Significant Subsidiary Group, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s's, or any such Significant Subsidiary Group’s 's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, or any such Significant Subsidiary Group 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) any Obligor, or any such Significant Subsidiary Group 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 any ObligorParent, the Borrower or any Significant Subsidiary Groupof the Borrower, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’sthe properties of Parent, the Borrower or any such Significant Subsidiary Group’s propertiesof the Borrower, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 45 days after commencement, filing or levy; (ii) any ObligorParent, the Borrower or any such Significant Subsidiary Group of the Borrower 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) any ObligorParent, the Borrower or any such Significant Subsidiary Group of the Borrower 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 any Obligor, the Borrower or any Significant Subsidiary Groupof the Borrower, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Borrower or any such Significant Subsidiary Groupor any of any of the Borrower’s properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, the Borrower or any such Significant Subsidiary Group of the Borrower 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) any Obligor, the Borrower or any such Significant Subsidiary Group of the Borrower 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 any Obligorthe Company, DMFC or any Significant Subsidiary Groupof their respective Material Subsidiaries, or any writ, judgment, warrant of attachment, warrant of execution or similar process, process is issued or levied against a substantial part of any Obligor’sthe Company's, DMFC's or any such Significant Subsidiary Group’s of their respective 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) any Obligorthe Company, DMFC or any such Significant Material Subsidiary Group of either thereof 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) any Obligorthe Company, DMFC or any such Significant Material Subsidiary Group of either thereof 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 any Obligor, the Company or any Significant Subsidiary GroupSemiconductor Operations Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Company's or any such Significant Subsidiary Group’s Semiconductor Operations Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; , (ii) any Obligor, the Company or any such Significant Semiconductor Operations Subsidiary Group 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) any Obligor, the Company or any such Significant Semiconductor Operations Subsidiary Group 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 any Obligorthe Company, NEHC or any Significant Subsidiary Groupother than a Receivables 85 92 Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’sthe Company's, NEHC's or any such Significant Subsidiary Group’s Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligorthe Company, NEHC or any such Significant Subsidiary Group other than a Receivables 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) any Obligorthe Company, NEHC or any such Significant Subsidiary Group other than a Receivables 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 any Obligor, the Company or any Significant Subsidiary GroupSemiconductor Operations Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Company's or any such Significant Subsidiary Group’s Semiconductor Operations Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; , (ii) any Obligor, the Company or any such Significant Semiconductor Operations Subsidiary Group 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) any Obligor, the Company or any such Significant Semiconductor Operations Subsidiary Group 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 any Obligor, the Borrower or any Significant Subsidiary Groupof the Borrower, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any Obligor’s, the Borrower or any such Significant Subsidiary Group’s or any of any of the Borrower's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) any Obligor, the Borrower or any such Significant Subsidiary Group of the Borrower 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) any Obligor, the Borrower or any such Significant Subsidiary Group of the Borrower 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 any Obligorthe Company, the Parent or any Significant Subsidiary GroupInvestment Subsidiary, or any writ, judgment, warrant of attachment, warrant of execution or similar process, process is issued or levied against a substantial part any assets of any Obligor’sthe Company, the Parent or any such Significant Investment Subsidiary Group’s propertieswith an aggregate fair market value in excess of $100,000, 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 90 days after commencement, filing or levy; (ii) any Obligorthe Company, the Parent or any such Significant Investment Subsidiary Group 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) any Obligorthe Company, the Parent or any such Significant Investment Subsidiary Group 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 Borrower, any Obligor, Guarantor or any Significant Subsidiary Groupor their respective Subsidiaries, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of Borrower's, any Obligor’s, Guarantor's or any such Significant Subsidiary Group’s Subsidiary's properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; (ii) Borrower, any Obligor, Guarantor or any such Significant Subsidiary Group 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) Borrower, any Obligor, Guarantor or any such Significant Subsidiary Group 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.