Common use of Bankruptcy Proceedings Clause in Contracts

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 13 contracts

Sources: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Sun Communities Inc), Guaranty (VMS National Properties Joint Venture)

Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 8 contracts

Sources: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Colonial Realty Limited Partnership), Master Credit Facility Agreement (Colonial Properties Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor the Borrower Party under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 5 contracts

Sources: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 5 contracts

Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 3 contracts

Sources: Credit Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor any Borrower, any General Partner or any Key Principal under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itany such party;

Appears in 3 contracts

Sources: Term Loan Agreement (McNeil Real Estate Fund Xxvi Lp), Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (Goldman Sachs Group Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower, Sun or the OP under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 2 contracts

Sources: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor any Borrower Party under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 2 contracts

Sources: Master Credit Facility Agreement (Newcastle Investment Corp), Master Credit Facility Agreement (Archstone Communities Trust/)

Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itany such party;

Appears in 2 contracts

Sources: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Borrower, Operator or Key Principal under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itany such party;

Appears in 2 contracts

Sources: Master Credit Facility Agreement (Senior Housing Properties Trust), Master Credit Facility Agreement (Brookdale Senior Living Inc.)

Bankruptcy Proceedings. The commencement of any proceedings by or against such Borrower, IDOT Guarantor or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 2 contracts

Sources: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itBorrower or Guarantor;

Appears in 1 contract

Sources: Master Credit Facility Agreement (Education Realty Trust, Inc.)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor the Key Principal, any Borrower or any General Partner under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for itthe Key Principal, any Borrower or any General Partner;

Appears in 1 contract

Sources: Master Reimbursement Agreement (Mid America Apartment Communities Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor Owner, General Partner, Operating Partnership or Ambassador REIT under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Sources: Master Reimbursement Agreement (Ambassador Apartments Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against any Borrower or Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;or

Appears in 1 contract

Sources: Master Reimbursement Agreement (Avalon Properties Inc)

Bankruptcy Proceedings. The commencement of any ---------------------- proceedings by or against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or ---------------------- against Guarantor the Borrower under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Bankruptcy Proceedings. The commencement of any proceedings by or against Guarantor as debtor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Sources: Key Principal Guaranty and Indemnity Agreement (Senior Housing Properties Trust)

Bankruptcy Proceedings. The commencement of any proceedings by or against Owner, General Partner or any Guarantor under any applicable bankruptcy, reorganization, liquidation, insolvency or other similar law now or hereafter in effect or of any proceeding in which a receiver, liquidator, trustee or other similar official is sought to be appointed for it;

Appears in 1 contract

Sources: Reimbursement Agreement (Apartment Investment & Management Co)