Common use of An Obligor Clause in Contracts

An Obligor. (i) is unable or admits inability to pay its debts as they fall due;

Appears in 18 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp), Facilities Agreement (Ardmore Shipping Corp)

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An Obligor. (i) is unable or admits inability to pay its debts as they fall due;; or

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Teekay Corp), Facility Agreement (Teekay LNG Partners L.P.)

An Obligor. (i) is unable or admits inability to pay its debts as they fall duedue under applicable law;

Appears in 2 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)

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An Obligor. (ia) is unable or admits inability to pay its debts as they fall due;; or

Appears in 2 contracts

Samples: Transatlantic Petroleum Ltd., Transatlantic Petroleum Ltd.

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