Example ContractsClausescessation of benefitsIdentical
Cessation of Benefits
Cessation of Benefits contract clause examples

Cessation of Operations. Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

Source document
PROMISSORY NOTE
Source: SEC EDGAR database • Date: February 29, 2024 • SIC: 7389 • CIK: 7389
CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: November 8, 2022 • SIC: 3231 • CIK: 3231
HEALTHY EXTRACTS INC. (HYEX) (CIK 0001630176)
Source: SEC EDGAR database • Date: March 19, 2021 • SIC: 7374 • CIK: 7374
CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: September 16, 2021 • SIC: 3663 • CIK: 3663
CONVERTIBLE PROMISSORY NOTE
Source: SEC EDGAR database • Date: August 15, 2018 • SIC: 5047 • CIK: 5047
Pulse Beverage Corp (CIK 0001420569)
Source: SEC EDGAR database • Date: April 6, 2017 • SIC: 2086 • CIK: 2086

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