Common use of Assignment for Benefit of Creditors Clause in Contracts

Assignment for Benefit of Creditors. There shall be an assignment by Borrower for the benefit of its creditors; or

Appears in 3 contracts

Sources: Loan Agreement (Biosource International Inc), Trade Finance Agreement (THQ Inc), Trade Finance Agreement (THQ Inc)

Assignment for Benefit of Creditors. There Borrower shall be make an assignment by Borrower for the benefit of its creditorscreditors of any substantial part of its property; or

Appears in 1 contract

Sources: Loan Agreement (BJs RESTAURANTS INC)

Assignment for Benefit of Creditors. There If Borrower or any Guarantor shall be make an assignment by Borrower for the benefit of its creditors; or.

Appears in 1 contract

Sources: Business Loan Agreement (NV5 Holdings, Inc.)