Common use of Seizure Clause in Contracts

Seizure. The seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV or the PMF pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same.

Appears in 2 contracts

Sources: Term Loan and Revolving Line of Credit Agreement, Term Loan and Revolving Line of Credit Agreement (HarbourVest - Origami Structured Solutions L.P.)

Seizure. The seizure Seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV or the PMF Credit Support Provider pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same.; or

Appears in 2 contracts

Sources: Bridge Loan Agreement, Credit Support Agreement

Seizure. The seizure Seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV Borrower or the PMF any Subsidiary pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same.;

Appears in 2 contracts

Sources: Term Loan Agreement (Universal Insurance Holdings, Inc.), Revolving Loan Agreement (Universal Insurance Holdings, Inc.)

Seizure. The seizure Seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV any Subsidiary or the PMF Guarantor pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same.;

Appears in 2 contracts

Sources: Revolving Loan Agreement (Viggle Inc.), Term Loan Agreement (Viggle Inc.)

Seizure. The seizure Seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV Borrower or the PMF Guarantor pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same.;

Appears in 1 contract

Sources: Letter of Credit and Reimbursement Agreement (SFX Entertainment, INC)