Example ContractsClausesbankruptcy or insolvencyVariants
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Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (oror similar official)official of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60sixty (60) consecutive days.

Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises adjudging the Maker bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Maker in an involuntary case under the federal Bankruptcy Code or any other applicable bankruptcy, insolvencyfederal or other similarstate law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official)assignee or trustee of Makerthe Maker, or for any substantial part ofif its property, or ordering the winding-winding up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.twenty (20) days; or

Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in anAn involuntary case or other proceeding commenced against Maker seeking liquidation, reorganization or other relief with respect Maker or its debts under any applicable bankruptcy, insolvency or other similar law,debtor relief law now or appointinghereafter in effect or seeking the appointment of a trustee, receiver, liquidator, assignee, custodian, trustee, sequestrator (orcustodian or other similar official) of Makerofficial over it, or forover any substantial part of its property, and such involuntary case or ordering the winding-up or liquidation of its affairs,other proceeding shall remain undis­missed and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.thirty (30) days; or

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