Common use of Involuntary Proceeding Clause in Contracts

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their debts, or of a substantial part of any of their assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or for a substantial part of any of their assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of the Borrower or any of their Subsidiary or its debts, or of a substantial part of any of their its assets, under any Federalfederal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or any Subsidiary or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;.

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of any Borrower or any of Guarantor or their respective debts, or of a substantial part of any of their respective assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect Debtor Relief Law or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for any Borrower or Guarantor or for a substantial part of any of their respective assets, and, in any such case, such proceeding or petition shall continue undismissed or unstayed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;.

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of the Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower any Security Party or any of their its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower any Security Party or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;; or

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 ninety (90) days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 ninety (90) days or an order or decree approving or ordering any of the foregoing shall be entered;; or

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state SMRH:479612560.8 63 04BS-248175 or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 90 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 90 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of the Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the ii)the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 sixty (60) days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceeding. An involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of Borrower or any of their Guarantor or its debts, or of a substantial part of any of their its assets, under any Federalfederal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for Borrower or any Guarantor or for a substantial part of any of their its assets, and, in any such case, such proceeding or petition shall continue undismissed for 60 90 days or an order or decree approving or ordering any of the foregoing shall be entered;