Common use of Money Judgments Clause in Contracts

Money Judgments. An uninsured judgment for the payment of money in excess of $10,000.00 shall be entered against Borrower, or any Guarantor, or any attachment, execution or garnishment shall be issued or filed against any of the property of the Borrower, or any Guarantor and shall not be released or discharged within ten (10) days.

Appears in 3 contracts

Samples: Loan Agreement (Corning Natural Gas Holding Corp), Loan Agreement (Corning Natural Gas Holding Corp), Loan Agreement (Corning Natural Gas Holding Corp)

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Money Judgments. An uninsured judgment for the payment of money in excess of $10,000.00 50,000.00 shall be entered against Borrower, or any Guarantor, or any attachment, execution or garnishment shall be issued or filed against any of the property of the Borrower, or any Guarantor and shall not be released or discharged within ten (10) days.

Appears in 1 contract

Samples: Loan Agreement (FirstFlight, Inc.)

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