Common use of The Retailer Clause in Contracts

The Retailer. 1.1.5.1 is unable or admits inability to pay its debts as they fall due; 1.1.5.2 suspends making payments on any of its debts; or 1.1.5.3 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness;

The Retailer. 1.1.5.1 is unable or admits inability to pay its debts as they asthey fall due; 1.1.5.2 suspends making payments on any of its debts; or 1.1.5.3 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness;

The Retailer. 1.1.5.1 1.5.2.1 is unable or admits inability to pay its debts as they fall due; 1.1.5.2 1.5.2.2 suspends making payments on any of its debts; or 1.1.5.3 1.5.2.3 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness;