Notice of Lien or Levy. (a.) A notice of lien, levy, or assessment is filed of record with respect to any of Borrower’s properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.) any taxes or debts owing at any time hereafter to any one or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s properties or assets and the same is not paid on the payment date thereof.
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Samples: Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (T3 Motion, Inc.)
Notice of Lien or Levy. (a.) A notice of lien, levy, or assessment is filed of record with respect to any of Borrower’s or any Obligor’s properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.) any taxes or debts owing at any time hereafter to any one or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s properties or assets and the same is not paid on the payment date thereof.
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Samples: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Great American Group, Inc.)
Notice of Lien or Levy. (a.a) A notice of lien, levy, or assessment is filed of record with respect to any of Borrower’s 's or any Obligor's properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.b) any taxes or debts owing at any time hereafter to any one anyone or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s properties or assets and the same is not paid on the payment date thereof.
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Samples: Loan and Security Agreement (Vertical Branding, Inc.)
Notice of Lien or Levy. (a.) A notice of lien, levy, or assessment is filed of record ofrecord with respect to any of Borrower’s or any Obliger’s properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.) any taxes or debts owing at any time hereafter to any one or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s properties or assets and the same is not paid on the payment date thereof.
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Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)
Notice of Lien or Levy. (a.a) A notice of lien, levy, or assessment is filed of record with respect to any of Borrower’s 's properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.b) any taxes or debts owing at any time hereafter to any one or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s 's properties or assets and the same is not paid on the payment date thereof.
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Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)
Notice of Lien or Levy. (a.a) A notice of lien, levy, or assessment is filed of record with respect to any of Borrower’s properties or assets by the government of the United States, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency; or (b.b) any taxes or debts owing at any time hereafter to any one or more of such entities becomes a lien, whether xxxxxx or otherwise, upon any of Borrower’s properties or assets and the same is not paid on the payment date thereof.
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