Common use of Seizure of Assets Clause in Contracts

Seizure of Assets. Any material portion of Borrower’s or any of its Subsidiaries’ assets is attached, seized, subjected to a writ or distress warrant, levied upon, or comes into the possession of any third Person; or

Appears in 2 contracts

Samples: Loan Agreement (Firstcity Financial Corp), Loan Agreement (Firstcity Financial Corp)

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Seizure of Assets. Any material portion of Borrower’s or any the assets of its Subsidiaries’ assets Borrower is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person; or;

Appears in 1 contract

Samples: Note Purchase Agreement (Max & Ermas Restaurants Inc)

Seizure of Assets. Any If any material portion of Borrower’s or any of its Subsidiaries’ assets is attached, seized, subjected to a writ or distress warrant, levied upon, or comes into the possession of any third Person; or;

Appears in 1 contract

Samples: Loan and Security Agreement (Bidz.com, Inc.)

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Seizure of Assets. Any If any material portion of any Borrower’s or any of its Subsidiaries’ 's assets is attached, seized, subjected to a writ or distress warrant, levied upon, or comes into the possession of any third Person; or;

Appears in 1 contract

Samples: Loan and Security Agreement (Jalou Cashs LLC)

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