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 a member of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which is not discharged within 60 days.

Appears in 3 contracts

Sources: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group Borrower or a Security Provider Significant Subsidiary with a value in excess of US$1,000,000 $10,000,000 (or its equivalent in any other currency or currencies) which and is not discharged or stayed within 60 30 days.

Appears in 3 contracts

Sources: Facility Agreement (Mobile Telesystems Ojsc), Facility Agreement (Mobile Telesystems Ojsc), Facility Agreement (Mobile Telesystems Ojsc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a having an aggregate value in excess of US$1,000,000 USD10,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 days10 Business Days.

Appears in 3 contracts

Sources: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings 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 or a member of the Group having an aggregate value of £500,000 or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which more and is not discharged within 60 7 days.

Appears in 3 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower having an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which £250,000 and is not discharged within 60 daysten Business Days.

Appears in 3 contracts

Sources: Single Currency Interim Revolving Working Capital Support Facility Agreement, Single Currency Interim Revenue Support Facility Agreement, Single Currency Interim Capital Support Facility Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group Borrower or a Security Provider with a value in excess of US$1,000,000 any Restricted Subsidiaries (other than any Immaterial Subsidiary) or its equivalent in other currencies) which any Guarantor or any Project Assets and is not discharged or stayed within 60 days.

Appears in 2 contracts

Sources: Facility Agreement (NXP Semiconductors N.V.), Facility Agreement (NXP Semiconductors N.V.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a Borrower having an aggregate value in excess of US$1,000,000 (or its equivalent in other currencies) which 10,000,000 and is not discharged within 60 daysone month.

Appears in 2 contracts

Sources: Subscription Loan Agreement (Rockwood Holdings, Inc.), Loan Agreement (Rockwood Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with Borrower having a value in excess of at least US$1,000,000 (or its equivalent in other currencies) which 300,000 and is not discharged within 60 21 days.

Appears in 2 contracts

Sources: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction excess of US$300,000 affects any asset or assets of a member of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which Group, and is not discharged or countered in good faith within 60 daysten (10) Business Days after the Borrower became aware of the same.

Appears in 2 contracts

Sources: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with an Obligor having a value in excess of US$1,000,000 EUR 10,000,000 (or its equivalent in any other currency or currencies) and which is not discharged within 60 30 days.

Appears in 2 contracts

Sources: Facility Agreement (Delhaize Group), Facility Agreement (Delhaize Group)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or part of the assets of a member of the Group an Obligor or a Security Provider with a Major Material Subsidiary having an aggregate value in excess of US$1,000,000 25,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 30 days.

Appears in 2 contracts

Sources: Facility Agreement (Alibaba Group Holding LTD), Facilities Agreement (Alibaba Group Holding LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a having an aggregate value in excess of US$1,000,000 A$500,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 days15 Business Days.

Appears in 2 contracts

Sources: Senior Loan Note Subscription Agreement (Tritium DCFC LTD), Senior Loan Note Subscription Agreement (Tritium DCFC LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a having an aggregate value in excess of US$1,000,000 500,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 days15 Business Days.

Appears in 2 contracts

Sources: Senior Loan Note Subscription Agreement (Tritium DCFC LTD), Senior Loan Note Subscription Agreement (Tritium DCFC LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member an Obligor or Material Subsidiary having an aggregate value of the Group or a Security Provider with a value and in excess respect of US$1,000,000 indebtedness aggregating at least $50,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 30 days.

Appears in 2 contracts

Sources: Loan Agreement (Intercontinental Hotels Group PLC /New/), Facility Agreement (Intercontinental Hotels Group PLC /New/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member an Obligor or Material Subsidiary having an aggregate value of the Group or a Security Provider with a value and in excess respect of US$1,000,000 (or its equivalent in other currencies) which indebtedness aggregating at least £25,000,000 and is not discharged within 60 30 days.

Appears in 2 contracts

Sources: Facility Agreement (Intercontinental Hotels Group PLC /New/), Facility Agreement (Intercontinental Hotels Group PLC /New/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group an Obligor or a Security Provider with a Material Subsidiary having an aggregate value in excess of US$1,000,000 (or its equivalent in other currencies) which 250,000 and is not discharged within 60 30 days.

Appears in 2 contracts

Sources: Mezzanine Bridge Facility Agreement (Aramex International LTD), Investor Loan Agreement (Aramex International LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower or any Material Subsidiary having an aggregate value of the Group or a Security Provider with a value in excess $50,000,000 by reason of US$1,000,000 (or its equivalent in other currencies) which creditor action and is not discharged within 60 21 days.

Appears in 2 contracts

Sources: Facility Agreement (AstraZeneca Biopharmaceuticals Inc.), Facility Agreement (AstraZeneca Biopharmaceuticals Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member an Obligor or any Material Subsidiary having an aggregate value of the Group £7,500,000 or a Security Provider with a value in excess of US$1,000,000 more (or its equivalent in any other currency or currencies) which and is not discharged within 60 days30 Business Days.

Appears in 1 contract

Sources: Facility Agreement (Cookson Group PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower having an aggregate value of the Group or a Security Provider with a value in excess of not less than US$1,000,000 50,000,000 (or its equivalent in other currency or currencies) which ), and is not discharged within 60 14 days.

Appears in 1 contract

Sources: Facility Agreement (Melco Resorts & Entertainment LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Company or any of the Group its Material Subsidiaries having an aggregate value (net of any expropriation or a Security Provider with a value in excess other compensation received or receivable) of US$1,000,000 EUR 15,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 45 days.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (H Lundbeck a S)

Creditors’ process. Any expropriation, attachment, sequestration, distress or distress, execution or any analogous process in any jurisdiction event affects any asset or assets of a member the Borrower or any Material Subsidiary having an aggregate value of the Group or a Security Provider with a value in excess of at least US$1,000,000 (or its equivalent in other currencies) which 25,000,000 and is not discharged within 60 days15 Business Days.

Appears in 1 contract

Sources: Facility Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group an Obligor or a Security Provider with a Material Subsidiary having an aggregate value in excess of US$1,000,000 EUR 10,000,000 or more (or its equivalent in any other currency or currencies) which and is not discharged within 60 twenty (20) days.

Appears in 1 contract

Sources: Senior Revolving Facility Agreement (Evotec SE)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower and/or the Guarantor and/or any Owning Company having an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which USD 500,000 and is not discharged within 60 thirty (30) days.

Appears in 1 contract

Sources: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower having an aggregate value of the Group or a Security Provider with a value in excess of US$more than £1,000,000 (or its equivalent in other currencies) which and is not discharged within 60 days10 Business Days.

Appears in 1 contract

Sources: Facility Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a any member of the Group and is not discharged within 20 Business Days unless the base currency equivalent of the aggregate value of that asset or a Security Provider with a value in excess of US$1,000,000 those assets is less than EUR 10,000,000 (or its equivalent in any other currencies) which is not discharged within 60 days).

Appears in 1 contract

Sources: Secured Facility Agreement (SBS Broadcasting S A)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower having an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 £100,000 (or its equivalent in other currencies) which and is not discharged discharged, stayed or dismissed within 60 fourteen days.

Appears in 1 contract

Sources: Facility Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member Significant Subsidiary (other than ▇▇▇▇▇) having an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which USD30,000,000 and is not discharged within 60 days.

Appears in 1 contract

Sources: Facility Agreement (Central European Distribution Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a any member of the Group or a Security Provider with a having an aggregate value in excess of US$1,000,000 £5,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 14 days.

Appears in 1 contract

Sources: Facility Agreement (Best Buy Co Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset of the Borrower’s assets or assets of a member of the Group having an aggregate value of one hundred thousand Euros (€100,000) or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which more and is not discharged within 60 thirty (30) days.

Appears in 1 contract

Sources: Term Facility Agreement (MK Arizona Corp.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member an Obligor or Material Subsidiary having an aggregate value of the Group or a Security Provider with a value and in excess respect of US$1,000,000 (or its equivalent in other currencies) which indebtedness aggregating at least £10,000,000 and is not discharged within 60 30 days.

Appears in 1 contract

Sources: Facility Agreement (Mitchells & Butlers PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor or Material Company where the value underlying such a member of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which claim exceeds £500,000 and is not discharged within 60 21 days.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (Markit Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower and/or the Parent Guarantor having an aggregate value of the Group or a Security Provider with a value in excess of US$USD 1,000,000 (or its equivalent in other currencies) which and is not discharged within 60 thirty (30) days.

Appears in 1 contract

Sources: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process (other than by way of enforcement of Security in any jurisdiction respect of Clearing Business Borrowings) affects any asset or assets of a member of the Group any Borrower or a Security Provider with a any Material Company having an aggregate value in excess of US$1,000,000 (or its equivalent in other currencies) which 25,000,000 and is not discharged within 60 days10 Business Days.

Appears in 1 contract

Sources: Facilities Agreement (Borse Dubai LTD)

Creditors’ process. Any any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group Issuer, any Guarantor or a Security Provider with a Material Subsidiary having an aggregate value of and in excess respect of US$1,000,000 indebtedness aggregating at least U.S.$50,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 30 days.; or

Appears in 1 contract

Sources: Trust Deed (Intercontinental Hotels Group PLC /New/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member any Obligor with an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 not less than USD15,000,000 (or its equivalent in other currencies) which and is not discharged within 60 days15 Business Days.

Appears in 1 contract

Sources: Facility Agreement (Wimm Bill Dann Foods Ojsc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a having an aggregate value in excess of US$1,000,000 USD 10,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 days15 Business Days.

Appears in 1 contract

Sources: Senior Revolving Credit Facility Agreement (Logitech International Sa)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower or any of the Group or a Security Provider with a its Material Subsidiaries having an aggregate value in excess of US$$1,000,000 (or its equivalent in other currencies) which and is not discharged within 60 days20 Business Days.

Appears in 1 contract

Sources: Term Facility Agreement (Cadence Design Systems Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction event affects any asset or assets of a member the Company or any of the Group or a Security Provider with a its Subsidiaries having an aggregate value in excess of US$1,000,000 (or its equivalent in other currencies) which exceeding £500,000 and is not discharged within 60 30 days.

Appears in 1 contract

Sources: Facility Agreement (TRM Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group Borrower or a Security Provider Significant Subsidiary with a value in excess of US$1,000,000 EUR 10,000,000 (or its equivalent in any other currency or currencies) which and is not discharged or stayed within 60 30 days.

Appears in 1 contract

Sources: Facility Agreement (Mobile Telesystems Ojsc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a Group, having an aggregate value in excess of US$1,000,000 (more than £2,000,000 or its equivalent in other another currency or currencies) which , and is not discharged within 60 21 days.

Appears in 1 contract

Sources: Term Loan Facilities Agreement

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider Borrower with a value in excess of US$1,000,000 $10,000,000 (or its equivalent in any other currency or currencies) which and is not discharged or stayed within 60 30 days.

Appears in 1 contract

Sources: Export Credit Agreement (Mobile Telesystems Ojsc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member the Borrower and/or the Parent Guarantor having an aggregate value of the Group or a Security Provider with a value in excess of US$1,000,000 USD 20,000,000 (or its equivalent in other currencies) which and is not discharged within 60 thirty (30) days.

Appears in 1 contract

Sources: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group an Obligor or a Security Provider with a any Significant Subsidiary having an aggregate value in excess of US$1,000,000 (or its equivalent in other currencies) which 25,000,000 and is not discharged within 60 30 days.

Appears in 1 contract

Sources: Facility Agreement (Amerisourcebergen Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a any member of the Group or a Security Provider with a value in excess of US$1,000,000 (or its equivalent in other currencies) which and is not discharged within 60 days20 Business Days unless the base currency equivalent of the aggregate value of that asset or those assets is less than EUR 10,000,000.

Appears in 1 contract

Sources: Bridge Facility Agreement (SBS Broadcasting S A)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of a member of the Group or a Security Provider with a Borrower having an aggregate value in excess of US$1,000,000 25,000,000 (or its equivalent in any other currency or currencies) which and is not discharged within 60 20 days.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Affinia Group Intermediate Holdings Inc.)