Common use of Debtor Relief Clause in Contracts

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than as a creditor or claimant, that could suspend or otherwise adversely affect the Rights of any Credit Party granted in the Loan Documents (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) days after its filing).

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than as a creditor or claimant, that could suspend or otherwise adversely affect the Rights of any Credit Party Agent or any Lender granted in the Loan Documents (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) days after its filing).

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than as a creditor or claimant, that could suspend or otherwise adversely affect the Rights of Agent or any Credit Party Lender granted in the Loan Documents Papers (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) days after its filing).

Debtor Relief. Any Restricted Company (a) is not Solvent, (b) fails to pay its Liabilities Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than Law -- EXCEPT as a creditor or claimant, claimant -- that could suspend or otherwise adversely affect the Rights of Agent or any Credit Party Lender granted in the Loan Documents (unlessUNLESS, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) 60 days after its filing).

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than OTHER THAN as a creditor or claimant, that could suspend or otherwise adversely affect the Rights of Agent or any Credit Party Lender granted in the Loan Documents (unlessUNLESS, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) 60 days after its filing).

Debtor Relief. Any A Company (a) is not Solvent, (b) fails to pay its Liabilities Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than as a creditor or claimant, that could suspend or otherwise adversely affect the Rights of any Credit Party Agent or Lenders granted in the Loan Credit Documents (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) days after its filing).

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than Law -- EXCEPT as a creditor or claimant, claimant -- that could suspend or otherwise adversely affect the Rights of Agent or any Credit Party Lender granted in the Loan Documents (unlessUNLESS, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) 60 days after its filing).

Debtor Relief. Any Company (a) is not Solvent, (b) fails to pay its Liabilities ------------- Debts generally as they become due, (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law, or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than Law (except as a creditor or claimant, ) that could suspend or otherwise adversely affect the Rights of either Agent or any Credit Party Lender granted in the Loan Documents (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty (60) 60 days after its filing).