Common use of Judicial Actions Clause in Contracts

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance), levy, assessment, injunction or attachment against any Borrower’s Receivables or against a material portion of any Borrower’s other property;

Appears in 3 contracts

Samples: Security Agreement (SMTC Corp), Security Agreement (Avatech Solutions Inc), Security Agreement (SMTC Corp)

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Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other property;

Appears in 2 contracts

Samples: Credit and Security Agreement (Akrion, Inc.), Credit and Security Agreement (Akrion, Inc.)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Receivables Inventory or Receivables, or against a material portion of any Borrower’s other property;

Appears in 2 contracts

Samples: Security Agreement (Aventine Renewable Energy Holdings Inc), Security Agreement (Aventine Renewable Energy Holdings Inc)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other property;

Appears in 2 contracts

Samples: Security Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance), levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other property;

Appears in 2 contracts

Samples: Security Agreement (Valuevision Media Inc), Term Loan Credit and Security Agreement (EVINE Live Inc.)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s or any Guarantor’s Inventory or Receivables or against a material portion of any Borrower’s or any Subsidiary’s other property;

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any a material portion of Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other property;

Appears in 1 contract

Samples: Security Agreement (Merisel Inc /De/)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Receivables Collateral or against a material portion of any Borrower’s other property;

Appears in 1 contract

Samples: Security Agreement (FCStone Group, Inc.)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Receivables or against (a) a material portion of any the Collateral or (b) the Borrower’s other propertyproperty that results in a Material Adverse Event, in each case, which is not stayed or lifted within [****];

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Bullish)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s 's Inventory or Receivables or against a material portion of any Borrower’s 's other property;

Appears in 1 contract

Samples: Credit and Security Agreement (Compudyne Corp)

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Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment (other than Permitted Encumbrances) (a) against any Borrower’s Receivables Collateral or (b) against a material portion of any Borrower’s 's other property;

Appears in 1 contract

Samples: Loan and Security Agreement (Banyan Acquisition Corp)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment (other than a Permitted Encumbrance) against any Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other propertyCollateral;

Appears in 1 contract

Samples: Security Agreement (Hutchinson Technology Inc)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance), levy, assessment, injunction or attachment against any Borrower’s Receivables or against a material portion of any Borrower’s other property;; 111 074658.01845/123458281v.1

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (SMTC Corp)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against (a) any Borrower’s Inventory or Receivables or (b) against a material portion of any Borrower’s other propertyproperty other than Permitted Encumbrances;

Appears in 1 contract

Samples: Security Agreement (Skullcandy, Inc.)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables or against a material portion of any Borrower’s other property;.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Zanett Inc)

Judicial Actions. Issuance of a notice of a Lien (other than a Permitted Encumbrance)Lien, levy, assessment, injunction or attachment against any Borrower’s Rigs or Receivables or against a material portion of any Borrower’s other property;

Appears in 1 contract

Samples: Security Agreement (Union Drilling Inc)

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