Common use of Condition of Borrower or Guarantor Clause in Contracts

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 24 contracts

Sources: Guaranty (Alexanders Inc), Guaranty of Recourse Obligations (Alexanders Inc), Non Recourse Carve Out Guaranty Agreement (Allegiant Travel CO)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 20 contracts

Sources: Guaranty (Sothebys), Guaranty of Recourse Carveouts (Hilton Worldwide Holdings Inc.), Guaranty of Recourse Obligations (Behringer Harvard Reit I Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, death or lack of power of Borrower, the Borrower or of the Guarantor or of any other Person at any time liable for the payment of all or any part of the Guaranteed ObligationsIndebtedness; or any dissolution of Borrower or Guarantor the Borrower, or any sale, lease or transfer of any or all of the assets of the Borrower or Guarantor of the Guarantor, or any changes in the direct owners, partners, shareholders or indirect shareholders, partners or members, as applicable, equity holders of the Borrower or Guarantor; or any reorganization of Borrower or Guarantor.the Borrower;

Appears in 8 contracts

Sources: Guaranty Agreement (Baron Energy Inc.), Guaranty Agreement (Baron Energy Inc.), Guaranty Agreement (Baron Energy Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 7 contracts

Sources: Guaranty, Guaranty (Owens Realty Mortgage, Inc.), Guaranty (IMH Financial Corp)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, death, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsDebt; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect owners, shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 6 contracts

Sources: Loan Agreement (Natural Gas Services Group Inc), Loan Agreement (Natural Gas Services Group Inc), Guaranty Agreement (Natural Gas Services Group Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsDebt; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 5 contracts

Sources: Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Repayment Guaranty (Inland Real Estate Income Trust, Inc.), Repayment Guaranty (Inland Real Estate Income Trust, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, or Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 4 contracts

Sources: Guaranty Agreement (Harrahs Entertainment Inc), Guaranty Agreement (Bh Re LLC), Guaranty Agreement (Bh Re LLC)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, bankruptcy ----------------------------------- arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, death or lack of power of Borrower, Borrower or Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed ObligationsLiabilities; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 4 contracts

Sources: Guaranty Agreement (St Mary Land & Exploration Co), Guaranty Agreement (St Mary Land & Exploration Co), Guaranty Agreement (St Mary Land & Exploration Co)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, ---------------------------------- bankruptcy arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, death or lack of power of Borrower, Borrower or Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed ObligationsLiabilities; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 3 contracts

Sources: Guaranty Agreement (St Mary Land & Exploration Co), Guaranty Agreement (St Mary Land & Exploration Co), Guaranty Agreement (St Mary Land & Exploration Co)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, or lack of power of Borrower, Guarantor Borrower or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsDebt; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease lease, or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.;

Appears in 3 contracts

Sources: Unconditional Guaranty Agreement (Us Home Systems Inc /Tx), Unconditional Guaranty Agreement (Us Home Systems Inc /Tx), Unconditional Guaranty Agreement (Us Home Systems Inc /Tx)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsObligations or the Debt; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 3 contracts

Sources: Guaranty (Infousa Inc), Guaranty (Infousa Inc), Guaranty (Ramco Gershenson Properties Trust)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 3 contracts

Sources: Completion Guaranty Agreement (Lodging Fund REIT III, Inc.), Guaranty of Recourse Obligations (Inland Diversified Real Estate Trust, Inc.), Guaranty of Recourse Obligations (Unsecured) (Inland Diversified Real Estate Trust, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower Borrower, Guarantor or Guarantor such other Person, or any sale, lease or transfer of any or all of the assets of Borrower Borrower, Guarantor or Guarantor such other Person or any changes in the direct or indirect shareholders, partners or membersmembers of Borrower, as applicable, of Borrower Guarantor or Guarantorsuch other Person; or any reorganization of Borrower or GuarantorGuarantor or such other Person.

Appears in 2 contracts

Sources: Guaranty Agreement (Moody National REIT I, Inc.), Guaranty Agreement (Moody National REIT I, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, bankruptcy arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, or lack of power of Borrower, any Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any Guarantor; any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any Guarantor; any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or any Guarantor; or any reorganization of Borrower or any Guarantor.

Appears in 2 contracts

Sources: u.s. Revolving Credit Agreement (Brown Tom Inc /De), Canadian Revolving Credit Agreement (Brown Tom Inc /De)

Condition of Borrower or Guarantor. The Except as otherwise provided under applicable law, the insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 2 contracts

Sources: Non Recourse Guaranty (Maguire Properties Inc), Non Recourse Guaranty

Condition of Borrower or Guarantor. The Except as otherwise provided by applicable law, the insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 2 contracts

Sources: Guaranty (Ionis Pharmaceuticals Inc), Guaranty (Ionis Pharmaceuticals Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or 90526306v6 transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty Agreement (Inland Diversified Real Estate Trust, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, members or members, as applicable, trustee of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Indemnification & Liability (CURO Group Holdings Corp.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor Borrower or any other Person at any time liable for the payment of all or part of the Guaranteed ObligationsLiabilities; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct shareholders or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.;

Appears in 1 contract

Sources: Credit Agreement (Midcoast Energy Resources Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, bankruptcy ---------------------------------- arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, death or lack of power of Borrower, Borrower or Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed ObligationsLiabilities; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Credit Agreement (St Mary Land & Exploration Co)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty (TNP Strategic Retail Trust, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, any Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or any Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or any Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or any Guarantor; or any reorganization of Borrower or any Guarantor.

Appears in 1 contract

Sources: Guaranty (GMH Communities Trust)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Completion Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty of Completion (Allegiant Travel CO)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of any Borrower, any Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of any Borrower or any Guarantor or any sale, lease or transfer of any or all of the assets of any Borrower or any Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of any Borrower or any Guarantor; or any reorganization of any Borrower or any Guarantor.

Appears in 1 contract

Sources: Guaranty of Recourse Obligations (Ventas Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, any Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor any Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor any Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or any Guarantor; or any reorganization of Borrower or any Guarantor.

Appears in 1 contract

Sources: Guaranty (Assisted 4 Living, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Borrower or Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty (MHI Hospitality CORP)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed ObligationsGuarantor; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or GuarantorGuarantor or any other party liable for payment of any or all of the Guaranteed Obligations; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Completion Guaranty (Bh Re LLC)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, a Guarantor or any other Person at any time liable for the payment or performance of all or part of the Guaranteed Obligations; or any dissolution of Borrower or a Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or a Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or a Guarantor; or any reorganization of Borrower or a Guarantor.

Appears in 1 contract

Sources: Non Recourse Guaranty (Net Element International, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution dissolution, or lack of power of Borrower, Guarantor Borrower or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsDebt; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease lease, or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners partners, or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.; Section

Appears in 1 contract

Sources: Unconditional Guaranty Agreement

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligationsobligations guaranteed hereunder; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty (Pope Resources LTD Partnership)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty Agreement (Cim Real Estate Finance Trust, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of any Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of any Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of such Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, partners or members, as applicable, of any Borrower or Guarantor; or any reorganization of any Borrower or Guarantor.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor Borrower or any other Person party at any time liable for the payment of all or part of the Guaranteed ObligationsIndebtedness; or any dissolution of Borrower or Guarantor Guarantor; or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct shareholders or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.;

Appears in 1 contract

Sources: Commercial Guaranty Agreement (Independent Bank Group Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person party at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor Guarantor, or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor Guarantor, or any changes in the direct or indirect shareholders, . partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Guaranty and Indemnity Agreement (Ashford Hospitality Trust Inc)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, any Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or any Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or any Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or any Guarantor; or any reorganization of Borrower or any Guarantor.

Appears in 1 contract

Sources: Guaranty Agreement (Altitude International Holdings, Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Loan Obligations or the Guaranteed Obligations; or any death or dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, members of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Carveout Guaranty (Trinity Place Holdings Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower Borrower, Guarantor or Guarantor such other Person, or any sale, lease or transfer of any or all of the assets of Borrower Borrower, Guarantor or Guarantor such other Person, or any changes in the direct or indirect shareholders, partners or membersmembers of Borrower, as applicable, of Borrower Guarantor or Guarantorsuch other Person; or any reorganization of Borrower Borrower, Guarantor or Guarantorsuch other Person.

Appears in 1 contract

Sources: Guaranty Agreement (BlueLinx Holdings Inc.)

Condition of Borrower or Guarantor. The insolvency, bankruptcy, arrangement, adjustment, composition, liquidation, disability, dissolution or lack of power of Borrower, Guarantor or any other Person person/entity at any time liable for the payment of all or part of the Guaranteed Obligations; or any dissolution of Borrower or Guarantor or any sale, lease or transfer of any or all of the assets of Borrower or Guarantor or any changes in the direct or indirect shareholders, partners or members, as applicable, of Borrower or Guarantor; or any reorganization of Borrower or Guarantor.

Appears in 1 contract

Sources: Limited Recourse Guaranty (Generation Income Properties, Inc.)