Common use of Inability to Pay Debts Clause in Contracts

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 6 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his his/her debts or insolvency proceedings for taking him into insolvency have been commencedcommenced against the Borrower.

Appears in 4 contracts

Sources: Housing Loan Agreement, Housing Loan Agreement, Housing Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 2 contracts

Sources: Home Loan Agreement, Home Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or if any proceedings for taking him into insolvency have been commenced.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.been

Appears in 1 contract

Sources: Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower is unable enable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 1 contract

Sources: Loan Agreement

Inability to Pay Debts. If there is reasonable apprehension that the Borrower borrower is unable to pay his debts or proceedings for taking him into insolvency have been commenced.

Appears in 1 contract

Sources: Loan Agreement