Common use of Receivers Clause in Contracts

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) business, or the business is terminated or the Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan Agreement (Nu Skin Enterprises Inc), Loan Agreement (Nu Skin Enterprises Inc)

AutoNDA by SimpleDocs

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basisor any guarantor's) business, or the business is terminated terminated, or the Borrower any guarantor is liquidated or dissolved.

Appears in 2 contracts

Samples: Employee Loan Agreement (Commerce One Inc / De/), Loan Agreement (Escalon Medical Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or the terminated, or, if Borrower is liquidated or dissolved.

Appears in 2 contracts

Samples: Loan Agreement (Graham Corp), Loan Agreement (Graham Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or the Borrower is terminated, liquidated or dissolved.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kewaunee Scientific Corp /De/), Loan and Security Agreement (Kewaunee Scientific Corp /De/)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basisor any guarantor's) or any trustor's business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 2 contracts

Samples: Business Loan Agreement (U S Laboratories Inc), Business Loan Agreement (U S Laboratories Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower's ’s (on a consolidated basisor any Guarantor’s) business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Business Financing Agreement (Digital Turbine, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) business, or the business is terminated terminated, or the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Second Sight Medical Products Inc)

Receivers. A receiver or similar official is appointed for a substantial any portion of the any Borrower's (on a consolidated basis) ’s or any Obligor’s business, or the business is terminated or the any Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Greystone Logistics, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated terminated, or the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Modification Agreement (Zumiez Inc)

Receivers. A receiver or similar official is appointed for a substantial any portion of the Borrower's (on a consolidated basis) business, or the business is terminated or the Borrower is terminated, liquidated or dissolved.

Appears in 1 contract

Samples: Loan Modification Agreement (Tel Instrument Electronics Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or terminated, or, if the Borrower is liquidated or dissolved. 10.7.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) business's, or the business is terminated or the terminated. If Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Video Display Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's Borrowers (on a consolidated basisor any guarantors) business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Business Financing Agreement (Inuvo, Inc.)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) or any Obligor's business, or the business is terminated terminated, or the Borrower such Obligor is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Remark Media, Inc.)

AutoNDA by SimpleDocs

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower's ’s (on a consolidated basisor any Obligor’s) business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Business Loan Agreement (Bebe Stores Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's ’s (on a consolidated basisor any Guarantor’s) business, business or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Business Financing Agreement (E2open Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basisor any subsidiary of the Borrower) business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Business Loan Agreement (Universal Electronics Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) or any Guarantor's business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Loan Agreement (Move Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the any Borrower's (on a consolidated basisor any Obligor's) business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Loan Agreement (Mercury Air Group Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) or any subsidiary’s business, or the business is terminated or the Borrower is liquidated or dissolvedterminated.

Appears in 1 contract

Samples: Sequa Corp /De/

Receivers. A receiver or similar official is appointed by a court of competent jurisdiction for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or terminated, or, if the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Credit Loan Agreement (Breeze-Eastern Corp)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s business, or the business is terminated or terminated, or, if the Borrower is anything other than a natural person, the Borrower is liquidated or dissolved.

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

Receivers. A receiver or similar official is appointed for a substantial portion of the Borrower's (on a consolidated basis) ’s or any Material Subsidiary’s business, or the business is terminated or the Borrower is liquidated or dissolved.terminated; or

Appears in 1 contract

Samples: Credit Agreement (Equinix Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.