Common use of Appointment of Receiver, etc Clause in Contracts

Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings or any Borrower and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings or any Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.

Appears in 1 contract

Samples: Credit Agreement (Barneys New York Inc)

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Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings the REIT, Borrower, any Pledgor Subpartnership or any Borrower Majority Partnership and the petition shall not be dismissed, stayed, bonded or discharged dismissed within sixty (60) days after commencement of the case; , or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings or any Borrower such Person in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local state or foreign law.; or

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings the Company or any Borrower of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings the Company or any Borrower of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.

Appears in 1 contract

Samples: Insilco Corp/De/

Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings or any Borrower and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; , or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings or any Borrower in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.

Appears in 1 contract

Samples: Credit Agreement (Barneys New York Inc)

Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings any Loan Party or any Borrower of its Subsidiaries, and the petition shall not be dismissed, stayed, bonded or discharged dismissed within sixty (60) days after commencement of the case; , or a court having of competent jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings such Loan Party or any Borrower of its Subsidiaries, in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local state or foreign law.

Appears in 1 contract

Samples: Credit Facility Agreement (JPS Textile Group Inc /De/)

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Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings Parent or against Borrower or any Borrower of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged dismissed within sixty (60) days after commencement of the case; , or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings Parent or in respect of Borrower or any Borrower of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local state or foreign law.

Appears in 1 contract

Samples: Credit Agreement (American Classic Voyages Co)

Appointment of Receiver, etc. (i) An involuntary case shall be commenced against Holdings the Borrower or any Borrower of its Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of Holdings the Borrower or any Borrower of its Subsidiaries in an involuntary case, under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, local or foreign law.

Appears in 1 contract

Samples: Credit Agreement (Dyncorp)

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