Common use of Involuntary Insolvency Clause in Contracts

Involuntary Insolvency. If an involuntary petition is filed against the Borrower under any bankruptcy, insolvency or similar law or seeking the reorganization of or the appointment of any receiver, trustee or liquidator for the Borrower, or of a substantial part of the property of the Borrower, or a writ or warrant of attachment or similar process will be issued against a substantial part of the property of the Borrower, and such petition is not dismissed, or such writ or warrant of attachment or similar process is not released or bonded, within thirty (30) days after filing or levy.

Involuntary Insolvency. If an involuntary petition is shall be filed against the any Borrower under any bankruptcy, insolvency or similar law or seeking the reorganization of or the appointment of any receiver, trustee or liquidator for the Borrower, or any Borrower of a substantial part of the property of the Borrower, any Borrower or a writ or warrant of attachment or similar process will shall be issued against a substantial part of the property of the Borrower, any Borrower and such petition is shall not be dismissed, or such writ or warrant of attachment or similar process is shall not be released or bonded, within thirty (30) days after filing or levy.

Involuntary Insolvency. If an involuntary petition is filed against the Borrower under any bankruptcy, insolvency or similar law or seeking the reorganization of or the appointment of any receiver, trustee or liquidator for the Borrower, or of a substantial part of the property of the Borrower, or a writ or warrant of attachment or similar process will be issued against a substantial part of the property of the Borrower, and such petition is not dismissed, or such writ or warrant of attachment or similar process is not released or bonded, within thirty (30) days after filing or levy. PART VII: MISCELLANEOUS.

Involuntary Insolvency. If an any involuntary petition is shall be filed against the Borrower under any bankruptcy, insolvency insolvency, or similar law or seeking the reorganization of or the appointment of any receiver, trustee trustee, or liquidator for the Borrower, or of a substantial part of the property of the Borrower, Borrower or a writ or warrant of attachment or similar process will shall be issued against a substantial part of the property of the Borrower, and such petition is shall not dismissed, be dismissed or such writ or warrant of attachment or similar process is shall not be released or bonded, bonded within thirty (30) days after filing or levy.

Involuntary Insolvency. If an any involuntary petition is filed against the Borrower under any bankruptcy, insolvency or similar law or seeking the reorganization of or the appointment of any receiver, trustee or liquidator for the Borrower, or of a substantial part of the property of the Borrower, or a writ or warrant of attachment or similar process will is to be issued against a substantial part of the property of the Borrower, and such petition is shall not dismissed, be dismissed or such writ or warrant of attachment or similar process is shall not be released or bonded, within thirty (30) forty-five days after filing or of levy.

Involuntary Insolvency. If an any involuntary petition is shall be filed against the Borrower under any bankruptcy, insolvency or similar law or seeking the reorganization of or the appointment of any receiver, trustee or liquidator for the Borrower, or of a substantial part of the property of the Borrower, or a writ or warrant of attachment or similar process will shall be issued against a substantial part of the property of the Borrower, and such petition is shall not be dismissed, or such writ or warrant of attachment or similar process is shall not be released or bonded, within thirty (30) days after filing or levy.