Common use of Assignments for Benefit of Creditors, Etc Clause in Contracts

Assignments for Benefit of Creditors, Etc. The Borrower or any Material Subsidiary makes an assignment for the benefit of its creditors, or admits its inability to pay its debts as they become due, or consents to the appointment of a receiver, custodian, trustee or liquidator of the Borrower or any Material Subsidiary or of all or any part of its respective Property; or

Assignments for Benefit of Creditors, Etc. The Borrower Borrower, any Subsidiary, any Partnership, or any Material Subsidiary LLC makes an assignment for the benefit of its creditors, or admits in writing its inability to pay its debts generally as they become due, or consents to the appointment of a receiver, custodiantrustee, trustee or liquidator of the Borrower Borrower, any Subsidiary, any Partnership, or any Material Subsidiary LLC, or of all or any part of its respective PropertyProperties; or

Assignments for Benefit of Creditors, Etc. The the Borrower or any Material Subsidiary makes an assignment for the benefit of its creditors, or admits its inability to pay its debts as they become due, or consents to the appointment of a receiver, custodian, trustee or liquidator of the Borrower or any Material Subsidiary or of all or any part of its respective Property; or

Assignments for Benefit of Creditors, Etc. The Borrower Company or any Material Subsidiary makes an assignment for the benefit of its creditors, or admits its inability to pay its debts as they become due, or consents to the appointment of a receiver, custodian, trustee or liquidator of the Borrower Company or any Material Subsidiary or of all or any part of its respective Property; or

Assignments for Benefit of Creditors, Etc. The Borrower the Company or any Material Restricted Subsidiary makes an assignment for the benefit of its creditorscreditors generally, is generally not paying its debts as they become due, or admits in writing its inability to pay its debts generally as they become due, or consents to the appointment of a custodian, receiver, custodian, trustee or liquidator of the Borrower or any Material Subsidiary of such Persons, or of all or any part of its respective Propertythe Property of any of such Persons; or

Assignments for Benefit of Creditors, Etc. The Borrower or any Material Subsidiary of its Subsidiaries makes an assignment for the benefit of its creditors, or admits in writing its inability to pay its debts generally as they become due, or consents to the appointment of a receiver, custodiantrustee, trustee or liquidator of the Borrower or any Material Subsidiary itself or of all or any part of its their respective Property; or