Common use of Voluntary Petitions Clause in Contracts

Voluntary Petitions. Borrower files a petition commencing a case in voluntary bankruptcy or seeking relief under any provision of any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of any petition or the commencement of any case against it under any such law;

Appears in 2 contracts

Samples: Loan Agreement (Gexa Corp), Loan Agreement (Arabian American Development Co)

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Voluntary Petitions. Borrower any Obligor files a petition commencing a case in voluntary bankruptcy or seeking seeks relief under any provision of any bankruptcy, reorganization, winding-up, arrangement, insolvency, readjustment of debt, dissolution, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of any petition or the commencement of any case against it under any such law;; or

Appears in 1 contract

Samples: Note Purchase Agreement (Rowecom Inc)

Voluntary Petitions. Borrower or any Borrower Subsidiary files a petition commencing a case in voluntary bankruptcy or seeking relief under any provision of any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of any petition or the commencement of any case against it under any such law;

Appears in 1 contract

Samples: Note Agreement (Acr Group Inc)

Voluntary Petitions. Borrower files Borrower's filing of a petition commencing a case in voluntary bankruptcy or seeking to seek relief under any provision of any bankruptcy, reorganization, debt arrangement, insolvency, receivership, readjustment of debt, dissolution, or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of any petition or the commencement of any case against it under any such law;.

Appears in 1 contract

Samples: Loan Agreement (Cooker Restaurant Corp /Oh/)

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Voluntary Petitions. Borrower files a petition commencing a case in voluntary bankruptcy or seeking relief under any provision of any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, dissolution or liquidation law of any jurisdiction, whether now or hereafter in effect, or consents to the filing of or any order for relief under any petition or the commencement of any case against it under any such law;

Appears in 1 contract

Samples: Note Purchase Agreement (Pope Resources LTD Partnership)

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