Inability to Pay Sample Clauses

Inability to Pay. Any Borrower or any Guarantor shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;
Inability to Pay. Any Borrower, Guarantor, or any of their respective Subsidiaries shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business unless such ceased operations are assumed by another Borrower, Guarantor, or their respective Subsidiaries;
Inability to Pay. Any Loan Party shall admit in writing its inability, or be generally unable, to pay its obligations as they become due or cease or threaten to cease operations of its present business;
Inability to Pay. Borrower or any other Loan Party shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;
Inability to Pay. The admission in writing by TENANT of its inability to pay its debts when due.
Inability to Pay. Any Parent Holdco or any of their respective Subsidiaries shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business; provided, however, any Subsidiary may voluntarily cease operations and be dissolved to the extent all assets of such Subsidiary are transferred to a Loan Party as permitted under the terms of this Agreement;
Inability to Pay. Any Loan Party or any Material Subsidiary of a Loan Party admits in writing its inability to pay its debts as they mature;
Inability to Pay. Messiah Village’s Benevolent Care Policy is only a policy and should not be construed as a contractual obligation or right to Resident. Since Messiah Village’s Benevolent Care Policy is subject to many variables, it may be changed or amended or discontinued from time to time. The possibility of providing financial assistance should not be construed as an assurance or guarantee of life care by Messiah Village. If financial assistance is initially granted, there is no guarantee that such assistance can or will continue indefinitely, or for any specific period of time.
Inability to Pay. 9. Schwab’s outstanding debts are significantly greater than his assets, and his expenses exceed his income. There is no reasonable prospect of Schwab paying a monetary penalty of $100,000 that would otherwise be imposed in the public interest for the conduct described in this Settlement Agreement.