Common use of Additional Liabilities Clause in Contracts

Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 is rendered, issued or levied against any Borrower or any of its properties or assets and such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty (30) calendar days after it is rendered, issued or levied.

Appears in 4 contracts

Samples: Credit Agreement (Hearx LTD), Credit Facility Agreement (Talk Com), Credit Facility Agreement (MCG Finance Corp)

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Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 250,000 is rendered, issued or levied against any Borrower or any of its properties or assets and AND such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty sixty (3060) calendar days after it is rendered, issued or levied.

Appears in 2 contracts

Samples: Agreement (CCC Information Services Group Inc), Agreement (CCC Information Services Group Inc)

Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 250,000 is rendered, issued or levied against any Borrower or any of its properties or assets and such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty (30) calendar days after it is rendered, issued or levied.

Appears in 2 contracts

Samples: Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (Bizness Online Com)

Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 1,000,000 is rendered, issued or levied against Borrower, any Borrower of its Subsidiaries or any of its their respective properties or assets and AND such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty sixty (3060) calendar days after it is rendered, issued or levied.

Appears in 1 contract

Samples: Credit Facility Agreement (CCC Information Services Group Inc)

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Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 2.5 million is rendered, issued or levied against any Borrower or any of its properties or assets and such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty (30) 30 calendar days after it is rendered, issued or levied.

Appears in 1 contract

Samples: Credit Facility Agreement (Talk Com)

Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 is rendered, issued or levied against any Borrower or any of its properties or assets and such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty (30) calendar days after it is rendered, issued or levied.

Appears in 1 contract

Samples: Credit Facility Agreement (Startec Global Communications Corp)

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