Common use of Creditors’ process Clause in Contracts

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 days.

Appears in 13 contracts

Sources: Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or a substantial part of the assets of the Company, any Obligor Borrower or the Material Subsidiary Subsidiaries and is not discharged within 28 days15 Business Days.

Appears in 8 contracts

Sources: Syndicated Loan Agreement (Hillenbrand, Inc.), Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor or Material Subsidiary a member of the Group and is not discharged within 28 days5 Business Days.

Appears in 5 contracts

Sources: Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of a member of the Group or any Obligor or Material Subsidiary and is not discharged discharged, stayed or dismissed within 28 daysthirty (30) days from the date of the relevant order.

Appears in 5 contracts

Sources: Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary a member of the Group and is not discharged within 28 30 days.

Appears in 5 contracts

Sources: Subordinated Facility Agreement (Diana Shipping Inc.), Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Containerships Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects the whole or any asset or material part of the assets of any an Obligor or a Material Subsidiary and is not discharged within 28 30 days.

Appears in 5 contracts

Sources: Amendment Agreement (Coca-Cola HBC AG), Bond Bridge Facility Agreement (Coca-Cola HBC AG), Squeeze Out Facility Agreement (Coca-Cola HBC AG)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 4 contracts

Sources: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 daysfive (5) days in respect of the Borrower and twenty-one (21) days in respect of the Guarantor.

Appears in 4 contracts

Sources: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc), Multicurrency Revolving Facility Agreement (Anthracite Capital Inc), Facility Agreement (Anthracite Capital Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 21 days.

Appears in 3 contracts

Sources: Revolving Credit Facility Agreement (British American Tobacco p.l.c.), Revolving Credit Facility (British American Tobacco p.l.c.), Term Loan Agreement (British American Tobacco p.l.c.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 ten (10) days.

Appears in 3 contracts

Sources: Facility Agreement, Term Loan Facility (Solar Power, Inc.), Term Loan Facility Agreement (Solar Power, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor the Borrower or a Material Subsidiary and is not discharged within 28 21 days.

Appears in 2 contracts

Sources: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary the Company and is not discharged within 28 14 days.

Appears in 2 contracts

Sources: Facility Agreement (Best Buy Co Inc), Facility Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any Obligor or Material Subsidiary a member of the Group and is not discharged within 28 days5 Business Days.

Appears in 2 contracts

Sources: Working Capital Bridge Facility Agreement (Moscow Cablecom Corp), Facility Agreement (Moscow Cablecom Corp)

Creditors’ process. Any expropriation, any attachment, sequestration, distress or execution affects any material asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 30 days.;

Appears in 2 contracts

Sources: Master Definitions Agreement (WABCO Holdings Inc.), Master Definitions Agreement (WABCO Holdings Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 days5 days in respect of the Borrower and 21 days in respect of any other Anthracite Obligor.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of any a Transaction Obligor or Material Subsidiary a member of the Group and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Creditors’ process. Any any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset substantial part of the assets or assets undertaking of any an Obligor or Material Subsidiary and is not discharged within 28 60 days.;

Appears in 1 contract

Sources: Debenture Deed

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 thirty (30) days.

Appears in 1 contract

Sources: Facility Agreement (KNOT Offshore Partners LP)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) or an arrest of the Drillship, affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any a Transaction Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 1 contract

Sources: Sterling Term Facility Agreement (American Realty Capital Global Trust, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Borrower or any Obligor or Material Subsidiary of its Subsidiaries and is not discharged within 28 daysthirty (30) Business Days.

Appears in 1 contract

Sources: Loan Agreement (Tiffany & Co)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Company or any Obligor or Material Subsidiary and is not discharged within 28 14 days.

Appears in 1 contract

Sources: Facility Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of the Borrower and/or any Obligor or Material Subsidiary of the Guarantors and is not discharged within 28 daysthirty (30) days and has a Material Adverse Effect.

Appears in 1 contract

Sources: Long Term Facility Agreement (General Geophysics Co)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 45 days.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Facility (Cobe Laboratories Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Material Subsidiary member of the Group and is not discharged within 28 daysthirty (30) days after the relevant member of the Group became aware of the same.

Appears in 1 contract

Sources: Multicurrency Term and Revolving Facilities Agreement (Seawell LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor or any other Material Subsidiary Group Company and is not discharged within 28 days20 Business Days.

Appears in 1 contract

Sources: Facility Agreement (Yell Finance Bv)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any the Parent, an Obligor or Material Subsidiary a member of the Group and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any Obligor or Material Subsidiary the Borrower and is not discharged within 28 21 days.

Appears in 1 contract

Sources: Loan Agreement (Vu1 CORP)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or material assets of any Obligor a Borrower or a Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Revolving Facility Agreement (Alpha Beta Netherlands Holding N.V.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any material asset or assets of any Obligor the Borrower or Material Subsidiary the Parent and is not discharged within 28 15 days.

Appears in 1 contract

Sources: Facility Agreement (Diodes Inc /Del/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any an Obligor or Material Subsidiary and is not discharged within 28 daysfive Business Days.

Appears in 1 contract

Sources: Facility Agreement (Rockwood Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects all or any asset or substantial part of the assets of any an Obligor or Material Subsidiary a Principal Subsidiary, and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Facility Agreement (Reckitt Benckiser Group PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any material asset or assets of any an Obligor or Material Subsidiary and is not discharged discharged, stayed or dismissed within 28 daysthirty Business Days.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Central European Media Enterprises LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) or an arrest of any Drillship, affects any asset or assets of any Obligor or Material Subsidiary and is not discharged within 28 30 days.

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Group Obligor or a Material Subsidiary and is not discharged within 28 days15 Business Days.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.)