Appointment of a Receiver. The appointment of a receiver, receiver-manager, trustee, custodian or like officer for all or a substantial part of the business or assets of the Defaulting Party, unless the appointment is defended or contested in good faith by the Defaulting Party within 30 days of the commencement of the appointment in a manner that stays the appointment and then only so long as such defense or contest is pursued diligently thereafter; or
Appears in 5 contracts
Samples: Purchase and Supply Agreement (Visteon Corp), Purchase and Supply Agreement (Visteon Corp), 2003 Relationship Agreement (Visteon Corp)
Appointment of a Receiver. The appointment of a receiver, receiver-manager, trustee, custodian or like officer for all or a substantial part of the business or assets of the Defaulting PartyParty or any Significant Subsidiary, unless the appointment is defended or contested in good faith by the Defaulting Party or such Significant Subsidiary within 30 days of the commencement of the appointment in a manner that stays the appointment and then only so long as such defense or contest is pursued diligently thereafter; or
Appears in 2 contracts
Samples: Funding Agreement (Visteon Corp), Master Equipment Bailment Agreement (Visteon Corp)
