Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor, in each case, to the extend that Debtor does not receive insurance proceeds and/or a condemnation award therefor; or
Appears in 2 contracts
Sources: Security Agreement (Lm Funding America, Inc.), Security Agreement (Lm Funding America, Inc.)
Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor, in each case, to the extend that Debtor does not receive insurance proceeds and/or a condemnation award thereforBorrower; or
Appears in 1 contract
Sources: Pledge Agreement (Diversified Corporate Resources Inc)