Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’s or any Material Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor), or other similar Person for itself or a substantial portion of its Property or business; or

Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Companyany Borrower or any Material Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’any Borrower’s or any Material Subsidiaries’ Properties,Subsidiary’s properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Companyany Borrower or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Companyany Borrower or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor), or other similar Person for itself or a substantial portion of its Propertyproperty or business; or

Involuntary Proceedings. (i) Anyan involuntary Insolvency Proceeding isproceeding shall be commenced or an involuntary petition shall be filed againstin a court of competent jurisdiction seeking # relief in respect of the Company or any MaterialSignificant Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’sproperty or any Material Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrantassets of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Company or any Material Subsidiary admitsSignificant Subsidiary, under Title 11 of the material allegations of a petition against it in any Insolvency Proceeding,United States Code, as now constituted or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Companyhereafter amended, or any Material Subsidiary acquiesces inother Federal, state or foreign bankruptcy, insolvency, receivership or similar law, # the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor),sequestrator, conservator or other similar Personofficial for itselfthe Company or any Significant Subsidiary, or for a substantial portionpart of its Propertythe property or business;assets of the Company or any Significant Subsidiary, or # the winding-up or liquidation of the Company or any Significant Subsidiary; and such proceeding or petition shall continue undismissed for 60 days, or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Bankruptcy or Insolvency Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’s or any Material Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an orderProceedings for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor),liquidator or custodian of the Company, or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or any of its subsidiaries, if any, or the debts thereof under any bankruptcy, insolvency or other similar Personlaw now or hereafter in effect shall be commenced and an order for itselfrelief entered or a substantial portionsuch proceeding shall not be dismissed or discharged within sixty (60) days of its Property or business; orcommencement.

Involuntary Proceedings.Insolvency Proceedings, Etc. # Any Loan Party or any of its Material Subsidiaries # files, issues, institutes or consents to the filing, issuing or institution of any petition, procedure or proceeding under or to take advantage of any Debtor Relief Law, or # makes an assignment for the benefit of creditors or initiates or enters into a composition, compromise or arrangement with any of its creditors, or # applies for or consents to the appointment of any receiver, administrator, examiner, compulsory manager, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any material part of its property, or # is adjudicated as insolvent; or # any receiver, administrator, examiner, compulsory manager, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed in respect of any Loan Party or any of its Material Subsidiaries without the application or consent of such Person and, in the case of such an appointment under the laws of the United States or any other jurisdiction in which such appointment may be contested and such Person is contesting such appointment in good faith by appropriate proceedings diligently conducted, such appointment is not discharged or stayed within 60 calendar days; or # any procedure or proceeding under or to take advantage of any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted or any petition under or to take advantage of any Debtor Relief Law is filed or issued without the consent of such Person and continues undismissed or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding or with respect to any such petition; or # Inability to Pay Debts; Attachment. (i) Any involuntary Insolvency Proceeding is commenced or filed against theThe Company or any Material Subsidiary,Subsidiary admits in writing its inability or fails generally to pay its debts as they become due, or # any writ, judgment,writ or warrant of attachment,attachment or execution or similar process,process is issued or levied against a substantialall or any material part of the Company’s or any Material Subsidiaries’ Properties, andproperty of any such proceeding or petition shallPerson and is not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within 6030 days after commencement, filingits issue or levy; # the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor), or other similar Person for itself or a substantial portion of its Property or business; or

Involuntary Proceedings. (i) Anyan involuntary Insolvency Proceeding isproceeding shall be commenced or filed against the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’s or any Material Subsidiaries’ Properties, and any such proceeding oran involuntary petition shall not be dismissed,filed seeking # liquidation, reorganization or such writ, judgment, warrantother relief in respect of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Company or any Material Subsidiary admits the material allegationsor its debts, or of a petition against itsubstantial part of its assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in any Insolvency Proceeding,effect or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor),sequestrator, conservator or other similar Personofficial for itselfthe Company or any Material Subsidiary or for a substantial portionpart of its Propertyassets, and, in any such case, such proceeding or business;petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceedings. (i) Anyan involuntary Insolvency Proceeding isproceeding shall be commenced or an involuntary petition shall be filed againstin a court of competent jurisdiction seeking # relief in respect of the Company or any MaterialBorrowing Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’sproperty or any Material Subsidiaries’ Properties, and any such proceeding or petition shall not be dismissed, or such writ, judgment, warrantassets of attachment, execution or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy; # the Company or any Material Subsidiary admitsBorrowing Subsidiary, under Title 11 of the material allegations of a petition against it in any Insolvency Proceeding,United States Code, as now constituted or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Companyhereafter amended, or any Material Subsidiary acquiesces inother Federal or state bankruptcy, insolvency, receivership or similar law, # the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor),sequestrator, conservator or other similar Personofficial for itselfthe Company or any Borrowing Subsidiary or for a substantial portionpart of its Propertythe property or business;assets of the Company or any Borrowing Subsidiary or # the winding up or liquidation of the Company or any Borrowing Subsidiary; and such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

Involuntary Proceedings. (i) Anyan involuntary Insolvency Proceeding is commencedpetition shall be filed in a court of competent jurisdiction seeking # relief in respect of any Company (other than any Immaterial Subsidiary) or filed against the Company or any Material Subsidiary, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of the Company’sProperty of any Company (other than any Immaterial Subsidiary), under Title 11 of the United States Code, as now constituted or hereafter amended, or any Material Subsidiaries’ Properties, and any such proceedingother federal, state or petition shall not be dismissed, or such writ, judgment, warrant of attachment, executionforeign bankruptcy, insolvency, receivership or similar process shall not be released, vacated or fully bonded within 60 days after commencement, filing or levy;Legal Requirement; # the Company or any Material Subsidiary admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or # the Company or any Material Subsidiary acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor),sequestrator, conservator or other similar Personofficial for itselfany Company (other than any Immaterial Subsidiary) or for a substantial portionpart of itsthe Property of any Company (other than any Immaterial Subsidiary); or business;# the winding-up or liquidation of any Company (other than any Immaterial Subsidiary); and such proceeding or petition shall continue undismissed for sixty (60) days or an Order approving or ordering any of the foregoing shall be entered; or