Inability to Pay Debts Sample Clauses

Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;
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Inability to Pay Debts. Any Loan Party or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due; or
Inability to Pay Debts. Borrower admits in writing its inability or fails generally to pay its debts as they become due.
Inability to Pay Debts. Any Security Party is unable to pay or admits its inability to pay its debts as they fall due or a moratorium shall be declared in respect of any Indebtedness of any thereof; or
Inability to Pay Debts. Borrower or any Guarantor becomes unable or admits in writing its inability or fails generally to pay its debts as they become due.
Inability to Pay Debts. (i) The Borrower or any Restricted Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any substantial part of the property of any such Person with an aggregate value (for all property described in this clause (ii)) in excess of the Threshold Amount and is not released, vacated, stayed, dismissed or fully bonded within 60 days after its issue or levy;
Inability to Pay Debts. The Company or any Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due; or
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Inability to Pay Debts. The Borrower or any Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due as provided in Title 11 of the United States Bankruptcy Code; or
Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.
Inability to Pay Debts. Any Loan Party or any of their material Subsidiaries becomes unable or admits in writing its inability to pay its debts when due, whether or not the maturity date therefor has arrived or the value of its assets exceeds its obligations (including future and contingent obligations), or fails generally to pay its debts as they become due and such circumstance, event or failure continues in existence and is not remedied for sixty (60) days after a Loan Party’s receipt of actual or constructive notice of such circumstance, event or failure.
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