Common use of Inability to Pay Debts Clause in Contracts

Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;

Appears in 18 contracts

Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)

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Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit becomes unable or admits in writing its inability or fail generally to pay its debts as they become due;; or

Appears in 13 contracts

Samples: Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co)

Inability to Pay Debts. The Borrower or any Restricted Material Subsidiary shall become unable, admit becomes unable or admits in writing its inability or fail fails generally to pay its debts as they become due;; or

Appears in 10 contracts

Samples: Credit Agreement (Ansys Inc), Credit Agreement (O Reilly Automotive Inc), Credit Agreement (Adobe Inc.)

Inability to Pay Debts. The Borrower or any Restricted Material Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;.

Appears in 8 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)

Inability to Pay Debts. The Borrower Parent or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;; or

Appears in 6 contracts

Samples: Term Loan Agreement (Willis Group Holdings PLC), Credit Agreement (Willis Group Holdings PLC), Credit Agreement (Willis Group Holdings PLC)

Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;.

Appears in 5 contracts

Samples: Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)

Inability to Pay Debts. The Borrower or any Restricted Material Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;. (j)

Appears in 2 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)

Inability to Pay Debts. The Any Borrower or any Restricted Material Domestic Subsidiary shall become unable, admit becomes unable or admits in writing its inability or fail fails generally to pay its debts as they become due;; or

Appears in 2 contracts

Samples: Credit Agreement (Urs Corp /New/), Credit Agreement (Urs Corp /New/)

Inability to Pay Debts. The Parent, any Borrower or any Restricted Significant Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;; or

Appears in 1 contract

Samples: Assignment and Assumption (Willis Towers Watson PLC)

Inability to Pay Debts. The A Borrower or any Restricted Subsidiary shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;

Appears in 1 contract

Samples: Credit Agreement (Univision Communications Inc)

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Inability to Pay Debts. The Borrower or any Restricted Subsidiary of its Subsidiaries shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit thereof becomes unable or admits in writing its inability or fail generally to pay its debts as they become due;; or

Appears in 1 contract

Samples: Credit Agreement (Dayton Power & Light Co)

Inability to Pay Debts. The Borrower or any Restricted Significant Subsidiary shall become unable, admit admits in writing its inability inability, or fail fails generally to pay its debts as they become due;; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Mattel Inc /De/)

Inability to Pay Debts. The Borrower or any Restricted Material Subsidiary shall become unable, admit becomes unable or admits in writing its inability or fail fails generally to pay its debts as they become due;; or (h)

Appears in 1 contract

Samples: Credit Agreement (Ansys Inc)

Inability to Pay Debts. The Borrower or any Restricted Material Subsidiary shall become unable, admit of the Borrower becomes unable or admits in writing its inability or fail fails generally to pay its debts as they become due;; or

Appears in 1 contract

Samples: Term Loan Agreement (Stryker Corp)

Inability to Pay Debts. The Borrower or any Restricted Subsidiary shall become unable, admit becomes unable or admits in writing its inability or fail generally to pay its debts as they become due;; or (i)

Appears in 1 contract

Samples: Credit Agreement (Dayton Power & Light Co)

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