Common use of Voluntary Insolvency Proceedings Clause in Contracts

Voluntary Insolvency Proceedings. The commencement by the BORROWER of INSOLVENCY PROCEEDINGS.

Appears in 5 contracts

Samples: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Avatech Solutions Inc)

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Voluntary Insolvency Proceedings. The commencement by any of the BORROWER BORROWERS of INSOLVENCY PROCEEDINGS.

Appears in 4 contracts

Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc), Credit Agreement (Dover Motorsports Inc)

Voluntary Insolvency Proceedings. The commencement by the BORROWER Mortgagor or any guarantor of INSOLVENCY PROCEEDINGSInsolvency Proceedings.

Appears in 1 contract

Samples: Mortgage (Inland Diversified Real Estate Trust, Inc.)

Voluntary Insolvency Proceedings. The commencement by the BORROWER any COMPANY of INSOLVENCY PROCEEDINGS.

Appears in 1 contract

Samples: Loan and Security Agreement (Health Chem Corp)

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Voluntary Insolvency Proceedings. The commencement by the BORROWER or the EQUITY HOLDER of INSOLVENCY PROCEEDINGS.

Appears in 1 contract

Samples: Loan Agreement (Vocus, Inc.)

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