Common use of No Creditor Actions; Bankruptcy Clause in Contracts

No Creditor Actions; Bankruptcy. alone, or in concert with any other Person, (i) communicate with any of Search's creditors regarding Search or any Search Affiliate; (ii) file, or initiate the filing of any bankruptcy petition against Search or any Search Affiliate; or (iii) take any other action which has a material negative effect on Search's financial condition.

Appears in 4 contracts

Samples: Standstill Agreement (Search Capital Group Inc), Stockholders Agreement (Search Capital Group Inc), Compromise and Settlement Agreement (Search Capital Group Inc)

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No Creditor Actions; Bankruptcy. alone, or in concert with any other Person, (i) communicate with any of Search's creditors regarding Search or any Search Affiliate; (ii) file, or initiate the filing of any bankruptcy petition against Search or any Search Affiliate; or (iii) take any other action which has a material negative effect on Search's financial condition.. 8.2

Appears in 1 contract

Samples: Stockholders Agreement (MS Financial Inc)

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