Common use of Attachment or Levy Clause in Contracts

Attachment or Levy. All or any of Borrower’s or the General Partner’s assets in excess of Fifty Thousand Dollars ($50,000.00) in aggregate value are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any judicial officer or assignee for the benefit of creditors unless, with respect to any such assets, such attachment, seizure, writ, warrant or levy shall be dismissed, released or stayed within ten (10) days of issuance thereof; or

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Attachment or Levy. All or any of Borrower’s or the General Partner’s assets in excess of Fifty Thousand Dollars fifty thousand dollars ($50,000.0050,000) in aggregate value are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any judicial officer or assignee for the benefit of creditors credits unless, with respect to any such assets, such attachment, seizure, writ, warrant or levy shall be dismissed, released or stayed within ten (10) days of issuance thereof; or.

Appears in 1 contract

Samples: Borrower Loan Agreement

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Attachment or Levy. All or any of Borrower’s or the General Partner’s assets in excess of Fifty Thousand Dollars ($50,000.00) in aggregate value are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any judicial officer or assignee for the benefit of creditors unless, with respect to any such assets, such attachment, seizure, writ, warrant or levy shall be dismissed, released or stayed within ten (10) days of issuance thereof; or

Appears in 1 contract

Samples: Loan Agreement

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