Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower is not dismissed within sixty (60) days of appointment.
Appears in 24 contracts
Sources: Subscription Agreement (Valcent Products Inc.), Secured Convertible Note (Tasker Products Corp), Senior Secured Convertible Note (Advance Nanotech, Inc.)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower and is not dismissed within sixty forty-five (6045) days of appointment.
Appears in 9 contracts
Sources: Secured Convertible Note (Dalrada Financial Corp), Secured Convertible Note (Dalrada Financial Corp), Secured Convertible Note (Dalrada Financial Corp)
Receiver or Trustee. The Borrower or any subsidiary of the Borrower shall make an assignment for the benefit of creditorscreditors or commence proceedings for its dissolution, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; , or such a receiver or trustee shall otherwise be appointed without the consent of for the Borrower is or for a substantial part of its property or business without its consent and shall not dismissed be discharged within sixty (60) days of after such appointment.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Mphase Technologies Inc), Assignment Agreement (Digerati Technologies, Inc.), Assignment Agreement (Digerati Technologies, Inc.)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower if such receiver or trustee is not dismissed within sixty forty-five (6045) days of appointment.
Appears in 4 contracts
Sources: Convertible Note (Ever-Glory International Group, Inc.), Convertible Note (Family Room Entertainment Corp), Convertible Note (BigString CORP)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or Borrower for a substantial part of its Borrower’s property or business; or such a receiver or trustee shall otherwise be involuntarily appointed without the consent of the Borrower is and not dismissed within sixty (60) days of appointmentforty-five days.
Appears in 4 contracts
Sources: Note (Attitude Drinks Inc.), Secured Note (Force Protection Inc), Secured Note (General Components, Inc.)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower is and not be dismissed within sixty (60) days of appointment.
Appears in 4 contracts
Sources: Secured Convertible Note (Savoy Resources Corp), Secured Convertible Note (Savoy Resources Corp), Secured Convertible Note (Savoy Resources Corp)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower and is not dismissed within sixty thirty (6030) days of appointment.
Appears in 3 contracts
Sources: Acquisition Agreement, Asset Purchase Agreement (Smart-Tek Solutions Inc), Acquisition Agreement (Smart-Tek Solutions Inc)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower is not dismissed within sixty forty-five (6045) days of appointment.
Appears in 2 contracts
Sources: Secured Convertible Note (Lotus Pharmaceuticals, Inc.), Secured Note (Aprecia Inc)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or Borrower for a substantial part of its Borrower’s property or business; or such a receiver or trustee shall otherwise be involuntarily appointed without the consent of the Borrower is and not dismissed within sixty forty-five (6045) days of appointmentdays.
Appears in 2 contracts
Sources: Promissory Note (Cord Blood America, Inc.), Promissory Note (Cord Blood America, Inc.)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver receiver, trustee or trustee liquidator for it or for a substantial part of its property or business; or such a receiver receiver, trustee or trustee liquidator shall otherwise be appointed without the consent which appointment has not been terminated by a court of the Borrower is not dismissed competent jurisdiction within sixty ninety (6090) days of such appointment.
Appears in 1 contract
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower appointed, provided such proceeding is not dismissed revoked within sixty forty-five (6045) days of appointmentdays.
Appears in 1 contract
Sources: Asset Purchase Agreement (Bos Better Online Solutions LTD)
Receiver or Trustee. The Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower and is not dismissed within sixty (60) days of appointment.
Appears in 1 contract
Receiver or Trustee. The Borrower shall make makes an assignment for the benefit of creditors, or apply applies for or consent consents to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower which is not dismissed within sixty (60) days of appointment.; or
Appears in 1 contract
Sources: Convertible Note Agreement (Silvergraph International Inc)
Receiver or Trustee. The Borrower shall make an assignment for the ------------------- benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower if such receiver or trustee is not dismissed within sixty forty-five (6045) days of appointment.
Appears in 1 contract
Sources: Convertible Note (BigString CORP)
Receiver or Trustee. The Borrower or any subsidiary of the Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business; , or such a receiver or trustee shall otherwise be appointed without the consent of the Borrower is appointed, and such appointment shall not have been terminated or dismissed within sixty (60) days of appointment.days;
Appears in 1 contract
Sources: Convertible Note (Ceelox Inc.)