Inability to Pay Debts; Attachment. (i) The Parent or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties of the Parent or any Borrower and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 9 contracts
Sources: Credit Agreement (Brookdale Senior Living Inc.), Credit Agreement (Brookdale Senior Living Inc.), Credit Agreement (Brookdale Senior Living Inc.)
Inability to Pay Debts; Attachment. (i) The Parent Borrower or any Borrower other Significant Restricted Person 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not stayed, released, vacated or fully bonded within sixty 60 days (60or such longer period for which a stay of enforcement is allowed by applicable Law) days after its issue or levy; or
Appears in 4 contracts
Sources: 364 Day Credit Agreement, 364 Day Credit Agreement (Plains Gp Holdings Lp), 364 Day Credit Agreement (Plains All American Pipeline Lp)
Inability to Pay Debts; Attachment. (i) The Parent Any Parent, the Borrower or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of any Parent, the Parent Borrower or any Borrower Restricted Subsidiary, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 3 contracts
Sources: Credit Agreement (Utz Brands, Inc.), First Lien Term Loan Credit Agreement (Collier Creek Holdings), Second Lien Term Loan Credit Agreement (Utz Quality Foods, LLC)
Inability to Pay Debts; Attachment. (i) The Parent Parent, any Borrower or any Restricted Subsidiary of a Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) 60 days after its issue or levy; or
Appears in 3 contracts
Sources: Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (TENOR CAPITAL MANAGEMENT Co., L.P.), Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (Endurant Capital Management LP), Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (DG Capital Management, LLC)
Inability to Pay Debts; Attachment. (i) The Parent or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) 30 days after its issue or levy; or
Appears in 2 contracts
Sources: Bridge Loan Agreement (Ipsco Inc), Credit Agreement (Ipsco Inc)
Inability to Pay Debts; Attachment. (i) The Parent Parent, the U.S. Parent, the Borrower or any Borrower Significant Subsidiary 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) days after its issue issuance or levy; or.
Appears in 2 contracts
Sources: Senior Secured Term Loan Agreement (Cresco Labs Inc.), Senior Secured Term Loan Agreement (Cresco Labs Inc.)
Inability to Pay Debts; Attachment. (i) The Parent Borrower or any Borrower other Significant Restricted Person 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) 60 days after its issue or levy; or
Appears in 2 contracts
Sources: Credit Agreement (Paa Natural Gas Storage Lp), Credit Agreement (Paa Natural Gas Storage Lp)
Inability to Pay Debts; Attachment. (i) The Borrower or the Parent or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any of the property of any such Person, if such property is a material part of the properties property of the Parent Borrower, the Parent, or any Borrower its Subsidiaries, and is not released, vacated or fully bonded within sixty (60) 30 days after its issue or levy; or
Appears in 2 contracts
Sources: Credit Agreement (Cec Entertainment Inc), Credit Agreement (Cec Entertainment Inc)
Inability to Pay Debts; Attachment. (i) The Parent Parent, the Borrower or any Borrower Material 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of Parent, the Parent Borrower or any Borrower such Material Subsidiary and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or;
Appears in 2 contracts
Sources: Term Loan Credit and Guaranty Agreement (Actavis, Inc.), Revolving Credit and Guaranty Agreement (Actavis, Inc.)
Inability to Pay Debts; Attachment. (i) The Parent Any Parent, the Borrower or any Borrower Material Subsidiary 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) 60 days after its issue or levy; or
Appears in 2 contracts
Sources: Credit Agreement (Dynegy Inc /Il/), Credit Agreement (Dynegy Inc.)
Inability to Pay Debts; Attachment. (i) The Parent Parent, the Borrower or any Borrower other Loan Party 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) days after its issue issuance or levy; or.
Appears in 1 contract
Sources: Senior Secured Bridge Term Loan Agreement (Ayr Wellness Inc.)
Inability to Pay Debts; Attachment. (i) The Parent Parent, any Borrower or any Borrower Material 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent Parent, such Borrower or any Borrower such Material Subsidiary and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or;
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) The Parent Parent, the Borrower or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or
Appears in 1 contract
Sources: Term Loan Credit Agreement (Tanger Factory Outlet Centers Inc)
Inability to Pay Debts; Attachment. (i) The Parent Parent, any Borrower or any Subsidiary of a Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty (60) 60 days after its issue or levy; or
Appears in 1 contract
Sources: Loan and Security Agreement (INVACARE HOLDINGS Corp)
Inability to Pay Debts; Attachment. (i) The Parent or any Borrower Group Member 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties Property of the Parent or any Borrower Group, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) The Parent Any Parent, any Borrower or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent any Parent, any Borrower or any Borrower Restricted Subsidiary, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) The Parent or any the Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties of the Parent or any the Borrower and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) The Parent or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent or any Borrower such Person and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) The Parent Parent, the Borrower or any Borrower 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 in an amount in excess of the Threshold Amount is issued or levied against all or any material part of the properties property of the Parent Parent, the Borrower or any Borrower Restricted Subsidiary, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 1 contract