Common use of Money Judgment Clause in Contracts

Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against any Obligated Party and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).

Appears in 3 contracts

Samples: Credit Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation)

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Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000500,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against Parent or any Obligated other Credit Party and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).;

Appears in 2 contracts

Samples: Credit Agreement (Hallwood Group Inc), Credit Agreement (Hallwood Group Inc)

Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,00010,000,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against the Company or any Obligated Party of it Subsidiaries and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).;

Appears in 1 contract

Samples: Credit Agreement (Sterling Chemical Inc)

Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,0005,000,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against the Company or any Obligated Party of it Subsidiaries and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).; or

Appears in 1 contract

Samples: Credit Agreement (Benchmark Electronics Inc)

Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,00010,000,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against the Company or any Obligated Party of it Subsidiaries (excluding Unrestricted Subsidiaries) and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).;

Appears in 1 contract

Samples: Credit Agreement (Sterling Chemical Inc)

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Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000, (or the Dollar Equivalent thereof) or that would otherwise have a Material Adverse Effect shall be rendered against the Company or any Obligated Party of it Subsidiaries and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).; or

Appears in 1 contract

Samples: Credit Agreement (Benchmark Electronics Inc)

Money Judgment. Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within 30 60 days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000, (or the Dollar Equivalent thereof) 10,000,000 or that would could otherwise have a Material Adverse Effect shall be rendered against the Company or any Obligated Party of the Subsidiary Guarantors and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of 30 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Purina Mills Inc)

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