Voluntary Bankruptcy or Insolvency Proceedings Sample Clauses


Voluntary Bankruptcy or Insolvency Proceedings. Company shall (i) apply for or consent to the appointment of a receiver, trustee, liquidator or custodian of itself or of all or a substantial part of its property, (ii) be unable, or admit in writing its inability, to pay its debts generally as they mature, (iii) make a general assignment for the benefit of its or any of its creditors, (iv) be dissolved or liquidated, (v) become insolvent (as such term may be defined or interpreted under any applicable statute), (vi) commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession of its property by any official in an involuntary case or other proceeding commenced against it, or (vii) take any action for the purpose of effecting any of the foregoing; or


Voluntary Bankruptcy or Insolvency Proceedings. Company shall commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect, including without limitation, any assignment for the benefit of its creditors or consent to any such relief or to the appointment of or taking possession of its property by any official in an involuntary case or other proceeding commenced against it;

Voluntary Bankruptcy or Insolvency Proceedings. Hippo Lace shall

Voluntary Bankruptcy or Insolvency Proceedings. The Company:

Voluntary Bankruptcy or Insolvency Proceedings. Company or any Significant Subsidiary shall commence a voluntary case or proceeding under any applicable U.S. federal or state bankruptcy, insolvency, reorganization or other similar law or any other case or proceeding to be adjudicated a bankrupt or insolvent, or Company or any Significant Subsidiary shall consent to the entry of a decree or order for relief in respect of Company or any Significant Subsidiary in an involuntary case or proceeding under any applicable U.S. federal or state bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against Company or any Significant Subsidiary, or Company or any Significant Subsidiary shall file a petition or answer or consent seeking reorganization or relief under any applicable U.S. federal or state law, or Company or any Significant Subsidiary shall consent to the filing of such petition or to the appointment of or the taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of Company or any Significant Subsidiary or of any substantial part of its property, or Company or any Significant Subsidiary shall make an assignment for the benefit of creditors; or

Voluntary Bankruptcy or Insolvency Proceedings. The Corporation: