Common use of Liquidation etc Clause in Contracts

Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person obligated to pay any part of the Indebtedness;

Appears in 2 contracts

Samples: Loan Agreement (Plains Capital Corp), Loan Agreement (Plains Capital Corp)

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Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person obligated to pay any part of the Indebtedness;; and

Appears in 1 contract

Samples: Subordinate Credit Agreement (Plains Capital Corp)

Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower or any person (to the extent required to be so qualified in the State of Texas) obligated to pay any part of the Indebtedness;.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Liquidation etc. The liquidation, termination, dissolution, merger, consolidation or failure to maintain (and failure to reinstate or cure such failure) good standing in the State of Texas (or in the case of an individual, the death or legal incapacity) of the Borrower owner of the Mortgaged Property or any person obligated to pay any part of the Secured Indebtedness;, except for any merger, dissolution or consolidation of a wholly- owned subsidiary pursuant to which Grantor acquires all of the assets of such subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Lubys Inc)

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