Common use of Judicial Actions Clause in Contracts

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 5 contracts

Sources: Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables with an aggregate fair market value in excess of $100,000, or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 4 contracts

Sources: Revolving Credit and Security Agreement (Boot Barn Holdings, Inc.), Term Loan and Security Agreement (Boot Barn Holdings, Inc.), Term Loan and Security Agreement (Boot Barn Holdings, Inc.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Credit Party’s Inventory or Eligible Receivables or (b) against a material portion of any Loan Credit Party’s other property which is not stayed or lifted within thirty sixty (3060) days;

Appears in 4 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc), Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc), Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Inventory, Receivables or (b) against a material portion of any Loan Party’s other property which property, such Lien, levy, assessment, injunction or attachment is not stayed or lifted within thirty (30) days, and the imposition or issuance thereof is reasonably likely to have a Material Adverse Effect;

Appears in 3 contracts

Sources: Revolving Credit and Security Agreement (Keane Group, Inc.), Revolving Credit and Security Agreement (Keane Group, Inc.), Credit Agreement (Keane Group, Inc.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s Inventory or other property which is not stayed or lifted within thirty (30) days;

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Perma-Pipe International Holdings, Inc.), Revolving Credit and Security Agreement (Perma-Pipe International Holdings, Inc.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction injunction, garnishment, writ of execution or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;. 41. Section 10.7 of the Credit Agreement is hereby deleted in its entirety and in its stead is inserted the following:

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement, Revolving Credit and Security Agreement (Ampco Pittsburgh Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Borrowing Base Party’s Inventory or Receivables or (b) against a material portion of any Domestic Loan Party’s other property which is not stayed or lifted within thirty (30) days; in each case, involving amounts in excess of $10,000,000;

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan PartyCompany’s other property which property, which, in either case, is not stayed or lifted within thirty (30) days;

Appears in 2 contracts

Sources: Revolving Credit, Term Loan, Guaranty and Security Agreement (Dasan Zhone Solutions Inc), Export Import Revolving Credit, Guaranty and Security Agreement (Dasan Zhone Solutions Inc)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (ain each case, other than a Permitted Encumbrance) against any Loan Partymaterial portion of any Borrower’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 2 contracts

Sources: Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.), Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory property having a value of $1,000,000 or Receivables or (b) against a material portion of any Loan Party’s other property more which is not stayed stayed, discharged, bonded or lifted within thirty (30) days;

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Revolving Credit and Security Agreement (Viant Technology Inc.)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material significant portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) daysproperty;

Appears in 1 contract

Sources: Loan Agreement (Health Benefits Direct Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables having a value in excess of $1,000,000 or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Invacare Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;; or

Appears in 1 contract

Sources: Loan and Security Agreement (Dri Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or Fixed Assets having a value in excess of $1,000,000 or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Invacare Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables which secure an Obligation in excess of $50,000 or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;property; 10.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Cca Industries Inc)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which is not stayed or lifted within thirty (30) days;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Dri Corp)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s 's Inventory or Receivables or (b) against a material portion of any Loan Party’s 's other property which is not stayed or lifted within thirty (30) daysproperty;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (General Finance CORP)

Judicial Actions. Issuance of a notice of Lien, levy, assessment, injunction or attachment (a) against any Loan Party’s Inventory or Receivables or (b) against a material portion of any Loan Party’s other property which which, in the case of either (a) or (b), is not stayed or lifted within thirty (30) days;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (AutoWeb, Inc.)