Bankruptcy Sample Clauses

Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 6 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) calendar days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty (60) 90 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 5 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any subsidiary of the Borrower, and if instituted against Company are the same shall not dismissed have been stayed or withdrawn within sixty (60) days of initiation. The holder of this Note shall give from the Company and date the holders of the Senior Indebtedness written Borrower receives notice of any Event of Default hereunder.thereof;
Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty THIRTY (6030) days of initiation. The holder Borrower suffers any appointment of this Note shall give any custodian or the Company and like for it or any substantial art of its property that is not discharged or stayed within 30 days; the holders Borrower makes a general assignment of the Senior Indebtedness written notice benefit of any Event of Default hereunder.creditors; the Borrower fails to pay or states that it is unable to pay, or is unable to pay its debts generally as they become due;
Bankruptcy. BankruptcyThe Borrower shall commence, insolvency, reorganization or liquidation proceedings or other proceedings or relief there shall be commenced against the Borrower a case under any applicable bankruptcy law or insolvency laws as now or hereafter in effect or any lawsuccessor thereto, or the issuance Borrower commences any other proceeding under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any notice jurisdiction whether now or hereafter in relation effect relating to the Borrower or there is commenced against the Borrower any such eventbankruptcy, insolvency or other proceeding which remains undismissed for a period of 60 days; or the Borrower is adjudicated insolvent or bankrupt; or any order of relief or other order approving any such case or proceeding is entered; or the Borrower suffers any appointment of any custodian or the like for it or any substantial part of its property which continues undischarged or unstayed for a period of 60 days; or the Borrower makes a general assignment for the relief benefit of debtors creditors; or the Borrower shall fail to pay, or shall state that it is unable to pay, or shall be instituted unable to pay, its debts generally as they become due; or the Borrower; or any corporate or other action is taken by the Borrower or against any Subsidiary thereof for the Company and if instituted against Company are not dismissed within sixty (60) days purpose of initiation. The holder of this Note shall give the Company and the holders effecting any of the Senior Indebtedness written notice of any Event of Default hereunderforegoing.
Appears in 4 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 4 contracts
Bankruptcy. Bankruptcy, insolvencyreorganization arrangement, reorganization insolvency or liquidation proceedings or other proceedings or for relief under the United States Code or any bankruptcy law or any law, similar law now or the issuance of any notice hereafter in relation to such event, force for the relief of debtors shall be instituted by or against the Company and if Borrower and, solely with respect to any proceedings instituted against Company are not dismissed the Borrower by a third party, the Borrower shall fail to dismiss or to stay such proceedings within sixty ninety (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundersuch institution.
Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 45 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 4 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders Borrower or any material subsidiary of the Senior Indebtedness written notice of any Event of Default hereunderBorrower.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are or any of its Subsidiaries and, in the case of an involuntary case or proceeding, such case or proceeding is not dismissed within sixty (60) days of initiation. The holder of this Note shall give following the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundercommencement thereof.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any substantially similar law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company Borrower or any of its Subsidiaries, which proceedings are not dismissed within sixty thirty (6030) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderfiling.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any of its Subsidiaries and if instituted against Company are not dismissed stayed within sixty thirty (6030) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within Borrower which remains undismissed for a period of sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrowers and if instituted against Company are the same is not dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are Borrower, and, in the case of any involuntary proceeding or relief under such bankruptcy laws, not stayed or dismissed within sixty forty-five (6045) days after the date of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundercommencement thereof.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are Borrower which is not dismissed vacated within sixty ninety (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company or any Subsidiary and if instituted against Company are is not dismissed within sixty (60) 45 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. BankruptcyThe institution of bankruptcy, insolvencyreorganization, reorganization readjustment of any debt, liquidation or liquidation receivership proceedings by or other proceedings against the Borrower or relief LNG Subsidiary occurs under the Bankruptcy Code, as amended, or any part thereof, or under any bankruptcy law other laws, whether state or any law, or the issuance of any notice in relation to such eventfederal, for the relief of debtors shall be instituted by debtors, now or against the Company and if instituted against Company are hereafter existing which is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.institution thereof; or
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders Borrower or any subsidiary of the Senior Indebtedness written notice of any Event of Default hereunder.Borrower unless such proceeding shall be stayed within 30 days;
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty ninety (6090) business days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 3 contracts
Bankruptcy. BankruptcyThe voluntary institution of bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors by Company or the institution of any such proceedings against Company, which involuntary proceedings shall be instituted not have been vacated by or against the Company and if instituted against Company are not dismissed appropriate court order within sixty thirty (6030) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundersuch institution.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted (a) by the Borrower or any of its Subsidiaries; or (b) against the Company Borrower or any of its Subsidiaries, and if instituted against Company such proceedings are not dismissed within sixty (60) days of initiation. The holder of this Note shall give after the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdate commenced.
Appears in 3 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders any subsidiary of the Senior Indebtedness written notice of any Event of Default hereunderBorrower.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders Borrower or any subsidiary of the Senior Indebtedness written notice of any Event of Default hereunder.Borrower, unless such proceeding shall be stayed within thirty (30) days; or
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any subsidiary of the Borrower and if instituted against Company are Borrower is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 75 calendar days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders Borrower or any subsidiary of the Senior Indebtedness written notice of any Event of Default hereunderBorrower, unless such proceeding shall be stayed within thirty (30) days.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted (i) by the Borrower or any of its Subsidiaries or (ii) against the Company and if instituted against Company are not dismissed within sixty (60) days Borrower or any of initiation. The holder its Subsidiaries and, solely in the case of this Note shall give the Company and the holders clause (ii), remains undismissed for a period of the Senior Indebtedness written notice of any Event of Default hereunder60 days.
Appears in 2 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 60 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and if instituted against the Company are not dismissed within sixty fifteen (6015) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) days of initiation. The holder of this Note shall give Upon the Company and the holders of the Senior Indebtedness written notice occurrence of any Event of Default hereunderDefault, the Holder may proceed to protect and enforce its rights hereunder by suit in equity, action at law or by other appropriate proceeding, whether for the specific performance of any covenant or agreement contained in this Note.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and Borrower and, if instituted against Company the Borrower, are not dismissed within sixty fifteen (6015) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 2 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and if instituted against the Company are not dismissed within sixty fifteen (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 2 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed Borrower, unless such proceeding shall be stayed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.days;
Appears in 2 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower, any subsidiary of the Borrower or the Pledgor and if instituted against Company are the Borrower or the Pledgor is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.days; or
Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if so instituted against Company are not dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty (60) 60 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 2 contracts
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed Borrower, unless such proceeding is withdrawn by Borrower within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderbeing filed.
Appears in 2 contracts
Bankruptcy. While this Note is outstanding, Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any similar law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and if instituted against the Company are not dismissed within sixty thirty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization reorganization, or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty (60) 45 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower, and if instituted against Company are is not dismissed or settled within sixty and ten (6010) days of initiationdays. The holder of this Note shall give Upon the Company occurrence and during the holders of the Senior Indebtedness written notice continuation of any Event of Default hereunderspecified herein, exercisable through the delivery of written notice to the Borrower by the Holder, the Note shall become immediately due and payable in full.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower or any material subsidiary of the Borrower, or if against the Company and if instituted against Company are Borrower or any material subsidiary of the Borrower which is not dismissed vacated or stayed within sixty (60) 90 days of initiation. The holder the commencement of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundersuch action.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any of its Subsidiaries and if instituted against Company are shall not be timely controverted or dismissed within sixty (60) 45 calendar days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderthereafter.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not Borrower or any of its Subsidiaries, unless in any case such proceeding or process is stayed, withdrawn, dismissed or vacated, as the case may be, within sixty ninety (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of -4- any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 60 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract Convertible Note (Digitiliti Inc),
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are Borrower and, in the case of an involuntary case or proceeding, such case or proceeding is not dismissed within sixty (60) days of initiation. The holder of this Note shall give following the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundercommencement thereof.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any of its Subsidiaries and if instituted commenced against Company are the Borrower or any such Subsidiary shall not be dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 60 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract Convertible Note (Digitiliti Inc),
Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty FORTY-FIVE (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty forty-five (6045) days Business Days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors debtors, shall be instituted by or against the Company Borrower and if instituted against Company are Borrower is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company are Borrower is not dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. BankruptcyBorrower shall commence a voluntary case concerning itself under the Bankruptcy Code; or an involuntary case is commenced against Borrower under the Bankruptcy Code or under any other applicable bankruptcy, insolvency, reorganization or liquidation proceedings insolvency or other proceedings similar law of any jurisdiction now or hereafter in effect, and relief under any bankruptcy law or any law, is ordered against Borrower or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and if instituted against Company are petition is controverted but is not dismissed within sixty (60) days after the commencement of initiation. The holder of this Note shall give such case; or a trustee (as defined in the Company and the holders Bankruptcy Code) is appointed for, or takes charge of, all or substantially all of the Senior Indebtedness written notice property of Borrower and such appointment shall continue undismissed for a period of sixty (60) days; or Borrower commences any other proceeding under any reorganization, arrangement, readjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any Event jurisdiction whether now or hereafter effect relating to Borrower; or there is commenced against Borrower any such proceeding which remains undismissed for a period of Default hereunder.sixty (60) days; or Borrower is adjudicated insolvent or bankrupt; or Borrower fails to controvert in a timely manner any such case under the Bankruptcy Code, or any such proceeding, or any order of relief or other order approving any such case or proceeding is entered; or Borrower consents to any such case or proceeding or in the appointment of any custodian or the like for it or any substantial part of its property or suffers any such appointment to continue undischarged or unstayed for a period of sixty (60) days; or Borrower makes a general assignment for the benefit of creditors; or any action is taken by Borrower for the purpose of effecting any of the foregoing; or
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 45 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any subsidiary of the Borrower; or then, upon the occurrence and if instituted against Company are not dismissed within sixty during the continuation of any such Event of Default the Holder may, upon ten (6010) days of initiation. The holder written notice to the Borrower, declare the principal amount of this Note at the time outstanding, together with accrued unpaid interest thereon, and all other amounts payable under this Note to be forthwith due and payable, whereupon such principal, interest and all such amounts shall give the Company become and the holders of the Senior Indebtedness written notice of any Event of Default hereunderbe forthwith due and payable.
Bankruptcy. BankruptcyThe Borrower shall commence, insolvency, reorganization or liquidation proceedings or other proceedings or relief there shall be commenced against the Borrower a case under any applicable bankruptcy law or insolvency laws as now or hereafter in effect or any lawsuccessor thereto, or the issuance Borrower commences any other proceeding under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any notice jurisdiction whether now or hereafter in relation effect relating to such event, for the relief of debtors shall be instituted by Borrower or there is commenced against the Company and if instituted against Company are not dismissed within sixty (60) days Borrower any such bankruptcy, insolvency or other proceeding which remains undismissed for a period of initiation. The holder 60 days; or the Borrower is adjudicated insolvent or bankrupt; or any order of this Note shall give relief or other order approving any such case or proceeding is entered; or the Company and the holders of the Senior Indebtedness written notice Borrower suffers any appointment of any Event custodian or the like for it or any substantial part of Default hereunder.its property which continues undischarged or unstayed for a period of 60 days; or the
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvencyreorganization, reorganization or insolvency proceeding, liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company them are not dismissed within sixty thirty-five (6030) days Trading Days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed Borrower, unless such proceeding shall be stayed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.days; and
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower or any such proceeding shall be instituted against the Company and if instituted against Company are Borrower, which is not dismissed within sixty thirty (6030) days from the initial date of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundersuch proceeding.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company Borrower, are not dismissed within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. BankruptcyAny bankruptcy, insolvencyreorganization, reorganization or liquidation proceedings debt arrangement or other proceedings or relief under any bankruptcy or insolvency law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company and Borrower or any other Credit Party, and, if instituted against Company are not dismissed within the Borrower, shall have been consented to or acquiesced in by the Borrower, or shall remain pending for sixty (60) days of initiation. The holder of this Note days, or an order for relief shall give have been entered against the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.Borrower or such other Credit Party;
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any lawother law for the relief of debtors, or the issuance of any notice in relation to such event, for the relief of debtors event shall be instituted by or against the Company Borrower and if instituted against Company Borrower are not dismissed within sixty (60) 45 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower, any subsidiary of the Borrower and if instituted against Company are the Borrower is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.days; or
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders Borrower or any subsidiary of the Senior Indebtedness written notice Borrower which remains unvacated, unbonded or unstayed for a period of any Event of Default hereunderthirty (30) days.
Appears in 1 contract
Bankruptcy. BankruptcyIf proceedings in bankruptcy, insolvencyor for reorganization of the Borrowers or any guarantor, reorganization or liquidation proceedings for the readjustment of any of the Borrowers or other proceedings any guarantors debts, under the United States Bankruptcy Code (as amended) or relief any part thereof, or under any bankruptcy law other applicable laws, whether state or any law, or the issuance of any notice in relation to such eventfederal, for the relief of debtors debtors, now or hereafter existing, shall be commenced against or by any Borrowers or any guarantor and, except with respect to any such proceedings instituted by a Borrower or against the Company and if instituted against Company are any guarantor, shall not dismissed be discharged within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.their commencement;
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by the Borrower or any Subsidiary of Borrower or any such proceeding shall be instituted against the Company and if instituted against Company Borrower or any Subsidiary of Borrower, which proceedings are not dismissed not, within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderafter institution thereof, discharged or stayed pending appeal.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and Borrower or any of its Subsidiaries (and, if instituted against Company are the Borrower or any of its Subsidiaries, is not dismissed discharged within sixty thirty (6030) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays).
Appears in 1 contract
Bankruptcy. BankruptcyIf proceedings in bankruptcy, insolvencyor for reorganization of the Borrower or any Guarantor under the United States Bankruptcy Code (as amended) or any part thereof, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law other applicable laws, whether state or any law, or the issuance of any notice in relation to such eventfederal, for the relief of debtors debtors, now or hereafter existing, shall be commenced against or by the Borrower or any Guarantor and, except with respect to any such proceedings instituted by the Borrower or against the Company and if instituted against Company are such Guarantor, shall not dismissed be discharged within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.their commencement;
Bankruptcy. BankruptcyIf proceedings in bankruptcy, insolvencyor for reorganization of any Borrower under the United States Bankruptcy Code (as amended) or any part thereof, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law other applicable laws, whether state or any law, or the issuance of any notice in relation to such eventfederal, for the relief of debtors debtors, now or hereafter existing, shall be commenced against or by any Borrowers and, except with respect to any such proceedings instituted by or against the Company and if instituted against Company are a Borrower, shall not dismissed be discharged within sixty ninety (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.their commencement;
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or any of its Subsidiaries and such proceedings, solely if instituted against Company are not dismissed within sixty the Borrower or any of its Subsidiaries, shall continue undismissed or unstayed for ninety (6090) days business days. No cure period shall apply for proceedings or relief under any bankruptcy law or any law for the relief of initiation. The holder of this Note shall give debtors instituted by the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderBorrower.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or any Subsidiary of Borrower and if instituted against Company them are not dismissed within sixty (60) 60 days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.-4-
Appears in 1 contract Convertible Note (Digitiliti Inc),
Bankruptcy. Bankruptcy(a) The Borrower shall have applied for or consented to the appointment of a custodian, insolvencyreceiver, trustee or liquidator of all or a substantial part of its assets; (b) a custodian shall have been appointed with or without consent of the Borrower; (c) the Borrower shall generally not be paying its debts as they become due; (d) the Borrower shall have made a general assignment for the benefit of its creditors; (e) the Borrower shall have filed a voluntary petition in bankruptcy, or a petition or an answer seeking reorganization or an arrangement with its creditors, or shall have taken advantage of any insolvency law, or shall have filed an answer admitting the material allegations of a petition in bankruptcy, reorganization or liquidation proceedings insolvency proceeding; (f) or other proceedings or relief under any a petition in bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or have been filed against the Company Borrower and if instituted against Company are shall not have been dismissed within for a period of sixty (60) days of initiation. The holder of this Note consecutive days, or if an Order for Relief has been entered under the Bankruptcy Code; or (g) an order, judgment or decree shall give have been entered without the Company and the holders application, approval or consent of the Senior Indebtedness written notice Borrower by any court of competent jurisdiction appointing a receiver, trustee, custodian or liquidator of the Borrower of a substantial part of its assets and such order, judgment or decree shall have continued unstayed and in effect for any Event period of Default hereunder.sixty (60) consecutive days;
Appears in 1 contract Mortgage (Kensey Nash Corp),
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company Borrower or its Subsidiariy and such proceedings, solely if instituted against Company are not dismissed within sixty the Borrower or its Subsidiary, shall continue undismissed or unstayed for ninety (6090) days business days. No cure period shall apply for proceedings or relief under any bankruptcy law or any law for the relief of initiation. The holder of this Note shall give debtors instituted by the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderBorrower.
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or for relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and if instituted against Company are Borrower or any subsidiary of the Borrower is not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.days; or
Appears in 1 contract
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company and Borrower or a Material Subsidiary and, if instituted against Company are the Borrower or a Material Subsidiary, shall not be dismissed within sixty ninety (6090) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderafter such institution.
Bankruptcy. BankruptcyIf proceedings in bankruptcy, insolvencyor for reorganization of any Loan Party, reorganization or liquidation proceedings for the readjustment of any of the Borrowers debts, under the United States Bankruptcy Code (as amended) or other proceedings any part thereof, or relief under any bankruptcy law other applicable laws, whether state or any law, or the issuance of any notice in relation to such eventfederal, for the relief of debtors debtors, now or hereafter existing, shall be commenced against or by any Loan Party and, except with respect to any such proceedings instituted by or against the Company and if instituted against Company are any Loan Party, shall not dismissed be discharged within sixty forty-five (6045) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.their commencement;
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower and if instituted against Company are is not dismissed discharged by the Borrower within sixty thirty (6030) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunderdays.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any substantially similar law, or the issuance of any notice in relation to such event, for the relief of debtors shall be instituted by or against the Company Borrower or Owlstone and if instituted against Company Borrower or Owlstone are not dismissed within sixty (60) days of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereunder.
Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings or relief under any bankruptcy law or any law, or the issuance of any notice in relation to such event, law for the relief of debtors shall be instituted by or against the Company or any Guarantor and if in the case of such proceeding instituted against the Company are or any such Guarantor, and such proceeding shall not dismissed be dismissed, discharged or lifted within sixty (60) calendar days from the initial occurrence of initiation. The holder of this Note shall give the Company and the holders of the Senior Indebtedness written notice of any Event of Default hereundersuch event.
Appears in 1 contract