Status of Buyer. Neither Buyer, nor any Affiliate of Buyer, shall be in receivership or have made any assignment for the benefit of creditors, or admitted in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, which remains outstanding as of the Closing Date.
Appears in 2 contracts
Samples: Windrose Medical Properties Trust, Windrose Medical Properties Trust
Status of Buyer. Neither Buyer, nor any Affiliate of Buyer, Buyer shall not be in receivership or have made any assignment for the benefit of creditors, or admitted in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, which remains outstanding as of the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Windrose Medical Properties Trust), Purchase Agreement (Windrose Medical Properties Trust)
Status of Buyer. Neither Buyer, nor any Affiliate of Buyer, shall be in receivership or have made any assignment for the benefit of creditors, or admitted in writing its inability to pay its debts as they mature, or have been adjudicated a bankrupt, or have filed or had filed against it either a petition in voluntary bankruptcy or a petition seeking reorganization under the federal bankruptcy law or any other similar law or statute of the United States or any state, state which remains outstanding as of the Closing Date.
Appears in 1 contract
Samples: Windrose Medical Properties Trust
