Common use of Inability to Pay Debts; Attachment Clause in Contracts

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 sixty (60) days after its issue or levy; oror 105

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its respective Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; oror 127

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 hereafter issued or levied against all or any material part of the property Property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries Subsidiary thereof 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or.

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries Material Company 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or.

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries Subsidiary thereof 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 forty-five (45) days after its issue or levy; or

Inability to Pay Debts; Attachment. Any (i) The Borrower or any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or.

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (iif) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property Property of any such Person in an aggregate principal amount of more than $10,000,000.00 and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any (i) Holdings, the Borrower or any other Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; oror (h)

Inability to Pay Debts; Attachment. Any The Borrower or any other Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 45 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person Loan Party or any Subsidiary and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; oror 8884322.11

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become duedue in the ordinary course of business, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 material part of the property Property of any such Person Loan Party and is not released, satisfied, vacated or fully bonded within 30 days after its issue or levy; or.

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries (other than a Specified Guarantor) 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries Subsidiary thereof 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become duedue in the ordinary course of business, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) calendar days after its issue issuance or levy; oror 155

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, due or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and (x) is not released, vacated or fully bonded within 30 days after its issue or levy; orlevy or (y) is reasonably likely to have a Material Adverse Effect within such 30 day period;

Inability to Pay Debts; Attachment. (i) Any Loan Party ---------------------------------- or any of its Subsidiaries Subsidiary thereof 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property Property of any such Person in an aggregate principal amount of more than $10,000,000.00 and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 sixty (60) days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or

Inability to Pay Debts; Attachment. Any A Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue or levy; or.

Inability to Pay Debts; Attachment. (%4) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become duedue in the ordinary course of business, or (ii%4) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 thirty (30) days after its issue issuance or levy; or

Inability to Pay Debts; Attachment. (a) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (iib) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or.

Inability to Pay Debts; Attachment. Any (i) Adtalem or any Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries 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 material part of the property Property of any such Person in an aggregate principal amount of more than $30,000,000.00 and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any Loan Party or any of its Subsidiaries 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 material part of the property Property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or

Inability to Pay Debts; Attachment. (i) Any Loan Party or any of its Subsidiaries becomes unable or admits in writing its inability or his inability, or fails generally generally, to pay its or his 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 60 days after its issue or levy; or

Inability to Pay Debts; Attachment. Any The Borrower or any other Loan Party or any of its Subsidiaries 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 property which is a material part of the property of any such Person the Borrower and its Restricted Subsidiaries taken as a whole, and is not released, vacated or fully bonded within 30 forty-five (45) days after its issue or levy; or(h)

Inability to Pay Debts; Attachment. Any (i) The Borrower or any other Loan Party or any of its Subsidiaries 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 material part of the property of any such Person and is not released, vacated or fully bonded within 30 60 days after its issue or levy; or