Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days after its issue or levy; or
Appears in 6 contracts
Sources: Amendment Agreement (Education Management Corporation), Letter of Credit Facility Agreement (Education Management Corporation), Credit Agreement (Education Management Corporation)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or
Appears in 6 contracts
Sources: Credit Agreement (Live Nation Entertainment, Inc.), Credit Agreement (Live Nation Entertainment, Inc.), Credit Agreement (Live Nation Entertainment, Inc.)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty (60) thirty days after its issue or levy; or
Appears in 4 contracts
Sources: Note Purchase Agreement (RVL Pharmaceuticals PLC), Note Purchase Agreement (Revance Therapeutics, Inc.), Note Purchase Agreement (Puma Biotechnology, Inc.)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary thereof becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty (60) 30 days after its issue or levy; or;
Appears in 4 contracts
Sources: Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp)
Inability to Pay Debts; Attachment. (i) Any Either Credit Party or any Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty (60) 60 calendar days after its issue or levy; or
Appears in 3 contracts
Sources: Credit Agreement (Marina District Finance Company, Inc.), Credit Agreement (Marina District Development Company, LLC), Credit Agreement (Boyd Gaming Corp)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or
Appears in 3 contracts
Sources: Revolving Credit Agreement (Akumin Inc.), Revolving Credit Agreement (Akumin Inc.), Revolving Credit Agreement (Akumin Inc.)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Significant Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty thirty (6030) days after its issue or levy; or
Appears in 3 contracts
Sources: Credit Agreement (Live Nation Entertainment, Inc.), Credit Agreement (Live Nation Entertainment, Inc.), Credit Agreement (Live Nation Entertainment, Inc.)
Inability to Pay Debts; Attachment. (i) Any The Company, any other Credit Party or any Material Subsidiary (other than any Non-Recourse Subsidiary) becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any 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: Letter of Credit Reimbursement Agreement (Reinsurance Group of America Inc), Letter of Credit Reimbursement Agreement (Reinsurance Group of America Inc)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary thereof becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any 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: Credit Agreement (Susser Holdings CORP), Credit Agreement (Susser Holdings CORP)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any other Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any 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: Credit Agreement (Odyssey Re Holdings Corp), Credit Agreement (Odyssey Re Holdings Corp)
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount as they become due, or (ii) any writ or warrant of attachment or execution or similar process in an amount in excess of $35,000,000 is issued or levied against all or any material part of the property properties of the Credit Parties, taken as a whole, any such Person and is not released, vacated or fully bonded within sixty (60) 30 days after its issue or levy; or
Appears in 1 contract
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Subsidiary thereof becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 the Credit Parties, taken as a whole, any 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
Inability to Pay Debts; Attachment. (i) Any Credit Party or any Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount 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 properties of the Credit Parties, taken as a whole, any 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) Any Credit Party or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts in excess of the Threshold Amount as they become due, or (ii) any writ or warrant of attachment or execution or similar process in an amount in excess of $15,000,000 is issued or levied against all or any material part of the property properties of the Credit Parties, taken as a whole, any 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: Credit Agreement (Griffin-American Healthcare REIT II, Inc.)