Judicial Actions. Issuance of any Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables with an aggregate value in excess of $10,000,000 (for all such Inventory or Receivables) or against a material portion of any Borrower’s other property that is not a Permitted Encumbrance which is not stayed or lifted within sixty (60) days;
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement
Judicial Actions. Issuance of any Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables with an aggregate value in excess of $10,000,000 5,000,000 (for all such Inventory or Receivables) or against a material portion of any Borrower’s other property that is not a Permitted Encumbrance which is not stayed or lifted within sixty (60) days;
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Emerge Energy Services LP)
Judicial Actions. Issuance of any Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables with an aggregate a value in excess of $10,000,000 (for all such Inventory or Receivables) 1,000,000 or against a material portion of any Borrower’s other property that is not a Permitted Encumbrance which is not stayed or lifted within sixty (60) days;
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement, Revolving Credit and Security Agreement (Emerge Energy Services LP)
Judicial Actions. Issuance of any Lien, levy, assessment, injunction or attachment against any Borrower’s Inventory or Receivables with an aggregate value in excess of $10,000,000 5,750,000 (for all such Inventory or Receivables) or against a material portion of any Borrower’s other property that is not a Permitted Encumbrance which is not stayed or lifted within sixty (60) days;
Appears in 1 contract
Sources: Second Lien Credit and Security Agreement (Emerge Energy Services LP)
Judicial Actions. Issuance of any Lien, levy, assessment, injunction or attachment against any Borrower’s Equipment, Inventory or Receivables with an aggregate a value in excess of $10,000,000 (for all such Inventory or Receivables) 15,000,000 or against a material portion of any Borrower’s other property that is not a Permitted Encumbrance which is not stayed or lifted within sixty (60) days;
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Mammoth Energy Services, Inc.)