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Common use of Execution on Collateral Clause in Contracts

Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor; or

Appears in 19 contracts

Sources: Security Agreement (Edible Garden AG Inc), Unit Pledge Agreement (Desert Capital Reit Inc), Pledge and Security Agreement (Equus Ii Inc)

Related Clauses

  • Limitation on Liens on Collateral
  • Rights in Collateral; Priority of Liens
  • Security Interests in Collateral
  • Remedies; Disposition of the Collateral
  • Actions with Respect to Shared Collateral; Prohibition on Contesting Liens

Parent Clauses

  • Events of Default
  • Miscellaneous
  • Entire Agreement
  • GOVERNING LAW
  • NEGATIVE COVENANTS
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