Common use of Inability to Pay Debts Clause in Contracts

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.

Appears in 4 contracts

Samples: Home Loan Facility Agreement, Home Loan Facility Agreement, Loan Agreement

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Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his his/her debts or insolvency proceedings for taking him into insolvency have been commencedcommenced against the Borrower.

Appears in 2 contracts

Samples: Equitas Small, Equitas Small

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or if any proceedings for taking him into insolvency have been commenced.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable enable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 1 contract

Samples: Tripartite Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 1 contract

Samples: Loan Agreement

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