Common use of Judgments, Etc Clause in Contracts

Judgments, Etc. Immediately give each Lender written notice of any judgment, attachment, levy, or execution against the Borrower or any assets of the Borrower or any Subsidiary which involves (i) an amount of $2,000,000 or more in excess of the amount covered by insurance or book reserves, or (ii) an amount in excess of $15,000,000, and establish or cause to be established appropriate and adequate reserves to cover any such claim, levy, attachment, or execution in any amount satisfactory to its independent certified public accountants.

Judgments, Etc. Immediately give each Lender written notice of any judgment, attachment, levy, or execution against the Borrower or any assets of the Borrower or any Subsidiary subsidiary which involves (i) an amount of $2,000,000 1,000,000 or more in excess of the amount covered by insurance or book reserves, or (ii) an amount in excess of $15,000,00010,000,000, and establish or cause to be established appropriate and adequate reserves to cover any such claim, levy, attachment, or execution in any amount satisfactory to its independent certified public accountants.. <Page> 41

Judgments, Etc. Immediately give each Lender written notice of any judgment, attachment, levy, or execution against the Borrower or any assets of the Borrower or any Subsidiary subsidiary which involves (i) an amount of $2,000,000 or more in excess of the amount covered by insurance or book reserves, or (ii) an amount in excess of $15,000,000, and establish or cause to be established appropriate and adequate reserves to cover any such claim, levy, attachment, or execution in any amount satisfactory to its independent certified public accountants.