Common use of Execution or Attachment Clause in Contracts

Execution or Attachment. Any judgment lien shall be filed, or any writ of execution, attachment, garnishment or other legal process shall be issued, against any of the property of the Borrower, any Guarantor or any of their respective Subsidiaries, which by itself or together with all other such legal processes is for an amount in excess of $100,000, and which shall remain unvacated, unbonded or unstayed for a period of thirty (30) days, or in any event later than five (5) days prior to the date of any proposed sale thereunder.

Appears in 2 contracts

Sources: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)