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 or any Relevant Subsidiary if it has or could have a Material Adverse Effect on the Borrower.

Appears in 6 contracts

Samples: Agreement (Alstom), Agreement (Alstom), Agreement (Alstom)

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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 whole or any material part of the Borrower property, assets or revenues of the Issuer or the Guarantor or any Relevant Subsidiary if it has or could have a of their respective Material Adverse Effect on the Borrower.Subsidiaries; or

Appears in 1 contract

Samples: Agency Agreement

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