Common use of Enforcement Proceedings Clause in Contracts

Enforcement Proceedings. A distress, attachment, execution or other legal process is levied, enforced or sued out on or against the assets of the Borrower and is not discharged or stayed within 14 Business Days.

Appears in 5 contracts

Samples: Agreement (Abundant Robots, Inc.), Agreement (Abundant Robots, Inc.), Agreement (Piestro, Inc.)

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Enforcement Proceedings. A a distress, attachment, execution or other legal process is levied, enforced or sued out on or against the assets any material part of the Borrower property, assets or revenues of the Issuer or any of its Principal Subsidiaries and is not discharged or stayed within 14 Business Days.30 days; or

Appears in 3 contracts

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Datang Telecom Technology & Industry Holdings LTD)

Enforcement Proceedings. A a distress, attachment, execution or other legal process is levied, enforced or sued out on or against the assets of the Borrower or any Shareholder (other than a Shareholder which has discharged all its obligations under Clause 2(A) of the Shareholders Undertaking) and is not discharged or stayed within 14 Business Days.days;

Appears in 2 contracts

Samples: First Supplemental Agreement (Chartered Semiconductor Manufacturing LTD), Chartered Semiconductor Manufacturing LTD

Enforcement Proceedings. A a distress, attachment, execution or other legal process is levied, enforced or sued out on or against the assets any part of the Borrower property, assets or revenues of the Issuer or the Guarantor and is not discharged or stayed within 14 Business Days.60 days or

Appears in 2 contracts

Samples: Agency Agreement (Tele2 Ab), Agency Agreement (Tele2 Ab)

Enforcement Proceedings. A a distress, attachment, execution or other legal process is levied, enforced or sued out on or against all or a material part of the property, assets or revenues of the Borrower and is not stayed or discharged or stayed within 14 Business Days.21 days; or

Appears in 2 contracts

Samples: Schuldschein Loan Agreement, Schuldschein Loan Agreement

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Enforcement Proceedings. A distress, attachment, execution execution, diligence or other legal process is levied, enforced or sued out on or against all or any part of the assets of the Borrower and is not discharged or stayed within 14 Business Days10 days.

Appears in 1 contract

Samples: Loan Agreement (Mendocino Brewing Co Inc)

Enforcement Proceedings. A a distress, attachment, execution or other ------------------------ legal process is levied, enforced or sued out on or against the assets of the Borrower or any of its subsidiaries and is not discharged or stayed within 14 Business Days.days;

Appears in 1 contract

Samples: Agreement (Micropolis Corp)

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