Common use of Judgment and Attachments Clause in Contracts

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but in any event not later than 5 days prior to the date of any proposed sale thereunder; or

Appears in 3 contracts

Samples: Securities Purchase Agreement, Guaranty and Registration Rights Agreement (Recoton Corp), Credit Agreement (Recoton Corp), Loan Agreement (Recoton Corp)

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Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 100,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 250,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party Borrower or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but forty-five (45) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Spincycle Inc), Loan and Security Agreement (Spincycle Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 25,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 50,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party a Borrower or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Intensiva Healthcare Corp), Loan and Security Agreement (Editek Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 100,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 200,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Gse Systems Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 300,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 500,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 thirty (30) days, but in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Beacon Roofing Supply Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 100,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 250,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party Borrower or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but in any event not later than 5 days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Skechers Usa Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 1,000,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Material Loan Party or any of its Subsidiaries or any of their respective assets and is either not fully covered by independent third-party insurance or remains unpaid, undischarged, unvacated, unbonded or unstayed and uncontested by a Material Loan Party for a period of 30 days, but days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Senior Secured Facility Agreement (Brigus Gold Corp.)

Judgment and Attachments. Any money judgment, writ or warrant of ------------------------ attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 250,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 500,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any assets of its Subsidiaries or any of their respective assets Loan Party and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but in any event not later than 5 days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Hawker Pacific Aerospace)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 500,000 for all such judgments, writs, warrants or similar processes (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Uniforce Temporary Personnel Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 75,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 100,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 thirty (30) days, but in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)

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Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 500,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 750,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 forty (40) days, but in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Rocky Shoes & Boots Inc)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 250,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 1,000,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective its assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Corp)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 250,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 1,000,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party Borrower or any of its Subsidiaries or any of their respective assets Project Owner and remains undischarged, unvacated, unbonded unbonded, uninsured or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 five (5) days prior to the date of any proposed sale thereunder; or.

Appears in 1 contract

Samples: Loan Agreement (Hammons John Q Hotels Inc)

Judgment and Attachments. Any final money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 10,000,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged not denied coverage) is entered or filed against any Loan Party or any of its Subsidiaries or any of their respective assets Borrower and remains undischarged, unvacated, unbonded unbonded, uninsured or unstayed for a period of 30 days, but thirty (30) days or in any event not later than 5 days five (5) Business Days prior to the date of any proposed sale thereunder; or.

Appears in 1 contract

Samples: Loan Agreement (JQH Acquisition, LLC)

Judgment and Attachments. Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $2,000,000 1,000,000 or (2) an amount in the aggregate at any time in excess of $2,000,000 3,000,000 (in either case to the extent not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against any Loan Party Borrower or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of 30 days, but days or in any event not later than 5 days Business Days prior to the date of any proposed sale thereunder; or

Appears in 1 contract

Samples: Credit Agreement (Cherokee International Corp)

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