Common use of Levy, Seizure or Attachment Clause in Contracts

Levy, Seizure or Attachment. The making by any Person of a levy, seizure or attachment upon any material portion of the Collateral, except to the extent that such proceedings are being diligently contested in good faith by appropriate proceedings and the enforcement thereof is stayed (and the terms of such stay do not adversely affect in any material respect the Administrative Agent’s Liens or other rights on such Collateral or its ability to accept and retain payment hereunder).

Levy, Seizure or Attachment. The making by any Person of a levy, seizure or attachment upon any material portion Collateral in excess of the Collateral$750,000, except to the extent that such proceedings are being diligently contested in good faith by appropriate proceedings and the enforcement thereof is stayed (and the terms of such stay do not adversely affect in any material respect the Administrative Agent’s Liens or other rights on such Collateral or its ability to accept and retain payment hereunder).

Levy, Seizure or Attachment. The making by any Person of a levy, seizure seizure, sequestration, execution or attachment upon any material portion of the Collateral, except to the extent that such proceedings are being diligently contested in good faith by appropriate proceedings and the enforcement thereof is stayed (and the terms of such stay do not adversely affect in any material respect the Administrative Agent’s Liens or other rights on in respect of or to such Collateral or its ability to accept and retain payment hereunder).