Common use of Judgments and Decrees Clause in Contracts

Judgments and Decrees. The Borrower shall suffer a final judgment for the payment of money and shall not discharge the same within a period of thirty (30) days. Any order, judgment or decree shall be entered in any proceeding against the Borrower decreeing the split up of the Borrower and such order shall remain undischarged or unstayed for a period in excess of thirty (30) days.

Judgments and Decrees. The Borrower shall suffer a final judgment for the payment of money in excess of $100,000 and shall not discharge the same within a period of thirty (30) daysdays unless, pending further proceedings, execution has not been commenced, or, if commenced, has been effectively stayed. Any order, judgment or decree shall be entered in any proceeding against the Borrower decreeing the dissolution or split up of the Borrower such entity and such order shall remain undischarged or unstayed for a period in excess of thirty (30) days.

Judgments and Decrees. The Borrower shall suffer a final judgment for the payment of money and shall not discharge the same within a period of thirty (30) days30 days unless, pending further proceedings, execution has not been commenced, or, if commenced, has been effectively stayed. Any order, judgment or decree shall be entered in any proceeding against the Borrower decreeing the dissolution or split up of the Borrower such entity and such order shall remain undischarged or unstayed for a period in excess of thirty (30) 60 days.

Judgments and Decrees. The Borrower shall suffer a final judgment for the payment of money and shall not discharge the same within a period of thirty (30) daysdays unless, pending further proceedings, execution has not been commenced, or, if commenced, has been effectively stayed. Any order, judgment or decree shall be entered in any proceeding against the Borrower decreeing the dissolution or split up of the Borrower such entity and such order shall remain undischarged or unstayed for a period in excess of thirty (30) days.