Common use of Dissolution Proceedings Clause in Contracts

Dissolution Proceedings. Should proceedings for the dissolution or appointment of a liquidator of the Borrower or either Guarantor be commenced. False Statements. Should any representation or warranty of either the Borrower or the Guarantor made in connection with the Indebtedness prove to be incorrect or misleading in any material respect when made or reaffirmed.

Appears in 2 contracts

Sources: Loan Agreement (Omni Energy Services Corp), Loan Agreement (Omni Energy Services Corp)

Dissolution Proceedings. Should proceedings for the dissolution or appointment of a liquidator of the Borrower or either any Guarantor be commenced. False Statements. Should any representation or warranty of either the Borrower or the any Guarantor made in connection with the Indebtedness Loan prove to be incorrect or misleading in any material respect when made or reaffirmedrespect.

Appears in 1 contract

Sources: Business Loan Agreement (American Fire Retardant Corp)

Dissolution Proceedings. Should proceedings for the dissolution or appointment of a liquidator of the Borrower Borrower, Grantor, or either any Guarantor be commenced. False Statements. Should any representation or warranty of either the Borrower or the Grantor or any Guarantor made in connection with the Indebtedness prove to be incorrect or misleading in In any material respect when made or reaffirmedrespect.

Appears in 1 contract

Sources: Loan Agreement (Midsouth Bancorp Inc)

Dissolution Proceedings. Should proceedings for the dissolution or appointment of a liquidator of the Borrower or either Guarantor be commenced. False Statements. Should any representation or warranty of either the Borrower or the Guarantor made in connection with the Indebtedness Loan prove to be incorrect or misleading in any material respect when made or reaffirmedrespect.

Appears in 1 contract

Sources: Loan Agreement (International Shipholding Corp)