Common use of Creditors’ process Clause in Contracts

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligor.

Appears in 6 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligora member of the Group.

Appears in 4 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp), Assignment Agreement (Dorian LPG Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligor.Obligor or member of the Group, or any analogous procedure or step is taken in any jurisdiction. (k)

Appears in 4 contracts

Samples: Additional Clauses (DryShips Inc.), Additional Clauses (DryShips Inc.), DryShips Inc.

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany of the Obligors.

Appears in 3 contracts

Samples: Loan Agreement (Hemen Holding LTD), Loan Agreement (Hemen Holding LTD), Loan Agreement (Frontline LTD /)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligora Transaction Obligor or any a member of the Group.

Appears in 3 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Agreement (Okeanis Eco Tankers Corp.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany Obligor or any Material Subsidiary having a Material Adverse Effect.

Appears in 3 contracts

Samples: Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.), Multicurrency Guarantee Facility Agreement (Acergy S.A.), Agreement (Acergy S.A.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorthe Obligors.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Flex LNG Ltd.), Revolving Credit Facility Agreement (Flex LNG Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany Obligor or any member of the Group.

Appears in 2 contracts

Samples: Facility Agreement (Sun Wise (UK) Co., LTD), Facility Agreement (Pacific Alliance Group LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an ObligorObligor or Shareholder.

Appears in 2 contracts

Samples: Hines Global REIT, Inc., Hines Global REIT, Inc.

Creditors’ process. (a) Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany of the Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Id Systems Inc), Credit Agreement (PowerFleet, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or material amount of assets of an ObligorApplicant or any Guarantor.

Appears in 1 contract

Samples: Letter of Credit Agreement (Proassurance Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of an a Transaction Obligor.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of any Obligor or Material Company having an Obligor.aggregate value of the higher of:

Appears in 1 contract

Samples: Agreement (Endava PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligor.of:

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligor.

Appears in 1 contract

Samples: Loan Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any material asset or assets of an Obligorany member of the Group.

Appears in 1 contract

Samples: Assignment Agreement (Star Bulk Carriers Corp.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of an Obligorthe Borrower.

Appears in 1 contract

Samples: Facility Agreement (Cordlife Group LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany Security Provider or Borrower.

Appears in 1 contract

Samples: Facility Agreement

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Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset Charged Asset or assets Charged Assets of an Obligorthe Borrower.

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an ObligorObligor or member of the Group, or any analogous procedure or step is taken in any jurisdiction.

Appears in 1 contract

Samples: Additional Clauses (DryShips Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany Post-Cyan Obligor or the Company Shareholder.

Appears in 1 contract

Samples: Facility Agreement (Endeavour International Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of the Parent or any Restricted Subsidiary having an Obligor.aggregate value of:

Appears in 1 contract

Samples: Bristow Group Inc

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of an Obligora member of the Group.

Appears in 1 contract

Samples: Agreement (Corgi International LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of an Obligor.

Appears in 1 contract

Samples: Agreement (Opto Circuits (India) LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an any Obligor.

Appears in 1 contract

Samples: Facility Agreement (Endeavour International Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorthe Borrower or a Subsidiary of the Borrower.

Appears in 1 contract

Samples: Facility Agreement (Xunlei LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (the Borrower or the Collateral Provider or any analogous process in any jurisdiction) jurisdiction affects any asset or assets of an Obligorthe Borrower or the Collateral Provider which has or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement (Flagstone Reinsurance Holdings, S.A.)

Creditors’ process. Any material expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets of an Obligorany member of the Group.

Appears in 1 contract

Samples: Agreement (Net 1 Ueps Technologies Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or any analogous process in any jurisdiction) affects any asset or assets Material Assets of an any Obligor.

Appears in 1 contract

Samples: Facility Agreement (Sigma Aldrich Corp)

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