Creditors’ process. Any expropriation, attachment, sequestration, distress or execution either before judgment or under an execution, affecting any asset or assets of the Borrower having a book value of ten million US Dollars (USD $10,000,000) or more, excluding any such action which is being contested in good faith by appropriate proceedings promptly instituted and diligently conducted.
Appears in 18 contracts
Sources: Short Term Credit Facility Agreement, Credit Facility Agreement (Shell Midstream Partners, L.P.), Working Capital Facility Agreement