Application by P Sample Clauses

Application by P. C. for or consent to the appointment of a receiver, trustee or liquidator of P.C. or all or a substantial part of its assets, filing of a voluntary petition in bankruptcy, or admission in writing its inability to pay its debts as they come due, making a general assignment for the benefit of creditors or taking advantage of any insolvency law, or the entering of any order, judgment or decree by any court of competent jurisdiction, on the application of creditor, adjudicating P.C. as bankrupt or insolvent or approving of a petition seeking reorganization of Manager or appointment of a trust or a receiver, trustee, or liquidator of P.C. or all or a substantial part of the assets of P.C.; or