Attachment or Process Clause Samples
The "Attachment or Process" clause defines how additional documents or specific procedures are incorporated into and made part of the main agreement. Typically, this clause specifies that certain schedules, exhibits, or referenced procedures are legally binding as if fully stated in the contract itself. For example, a technical specification or a workflow process described in an attachment would be enforceable under the contract. Its core function is to ensure that all referenced materials or processes are clearly included and enforceable, thereby preventing disputes over what documents or procedures are part of the agreement.
Attachment or Process. A creditor attaches, arrests or takes possession of, or a distress, execution, sequestration, diligence or other process is levied or enforced upon or sued out against, any material part of the assets of the Company and is not discharged within 21 days.
Attachment or Process. A creditor attaches or takes possession of, or a distress, execution, sequestration or other process is levied or enforced upon or sued out against any of the undertaking, assets, rights or revenues of any Material Group Company valued in excess of £7,500,000 in aggregate or any money judgment, writ or warrant of attachment or similar process valued in excess of £7,500,000 in aggregate shall be entered or filed against any Material Group Company or any of their respective assets and, in each case, it is not discharged within 7 days.
Attachment or Process. A creditor attaches or takes possession of, or a distress, execution, sequestration, preliminary attachment (conservatoir beslag), executory attachment (executoriaal beslag) or other process is levied or enforced upon or sued out against any of the assets (having in the case of assets an aggregate value in excess of EUR5,000,000 (or its currency equivalent)), Luxco 1, the Parent, any Obligor or any other Material Subsidiary and is not discharged within 20 days.
Attachment or Process. Any attachment, distress, execution, possession, diligence, arrestment, joinder, sequestration, preliminary attachment, executory attachment, or other analogous process in any jurisdiction is levied or enforced upon or sued out against any asset or assets of the Borrower or member of the Group, having in the case of assets an aggregate value in excess of $2,875,000 and is not, if capable of remedy, discharged within 10 Business Days after commencement.
Attachment or Process. Subject to Clause 20.2 (Excluded Events), a creditor attaches or takes possession of, or a distress, execution, sequestration or other process is levied or enforced upon or sued out against any of the undertaking, assets, rights or revenues of a Group Company, except where:
(a) that Group Company is, in good faith, contesting the distress, execution, attachment, sequestration or other process by appropriate proceedings diligently pursued with a reasonable prospect of success; and
(b) if those proceedings were adversely determined against that Group Company, such distress, execution, attachment, diligence or other process could not reasonably be expected to have a Material Adverse Effect.
Attachment or Process. A creditor attaches or takes possession of (mesure de saisie) or a distress, execution, (execution forcee), sequestration or other process is levied or enforced upon or sued out against all or any part of the assets the aggregate value of which exceeds EUR 1,525,000 (or its equivalent in other currencies) of any Group Company in each case unless such proceedings are discharged or stayed within 21 days.
Attachment or Process. A creditor attaches or takes possession of, or a distress, execution, sequestration or other process is levied or enforced upon or against all or any part of the Assets of the Borrower in respect of Indebtedness exceeding GBP £100,000 (or its equivalent in other currencies) in aggregate at any time and which is not discharged within 10 days of such act.
Attachment or Process. A creditor attaches or takes possession of (mesure de saisie) or a distress, execution, (execution forcee), sequestration or other process is levied or enforced upon or sued out against all or any part of the assets the aggregate value of which exceeds EUR 3,000,000 (or its equivalent in other currencies) of the Parent or any Material Company and in each case such proceedings are not discharged or stayed within 30 days, save where that Group Company is in good faith contesting such attachment, sequestration, distress or execution before a competent court and these proceedings do not and are not likely to affect the ability of any Obligor to comply with its obligations under the Senior Finance Documents.
Attachment or Process. A creditor attaches or takes possession of, or a distress, execution, sequestration or other process is levied or enforced upon or sued out against all or any material part of the assets of Bidco 1, Bidco 2, Target, any Material Subsidiary or Debtco (if it is the Principal Borrower).