Common use of Judgment Lien Clause in Contracts

Judgment Lien. If one or more judgments and/or one or more other claims becomes liens or encumbrances upon any or all of the assets of Borrower in an aggregate amount at any one time in excess of One Million Dollars ($1,000,000).

Appears in 1 contract

Sources: Loan and Security Agreement (Micrel Inc)

Judgment Lien. If one or more judgments and/or one or more other claims becomes liens or encumbrances upon any or all of the assets of Borrower in an aggregate amount at any one time in excess of One Million Dollars ($1,000,0001,000,000.00).

Appears in 1 contract

Sources: Loan and Security Agreement (Micrel Inc)