Common use of Unsatisfied Judgment Clause in Contracts

Unsatisfied Judgment. One or more judgments or decrees shall be entered against Borrower or Guarantor involving in the aggregate a liability (not paid or fully covered by insurance) of $100,000 or more in the case of Borrower or $5,000,000 or more in the case of Guarantor, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 3 contracts

Samples: Loan and Security Agreement (TPG RE Finance Trust, Inc.), Loan and Security Agreement (TPG RE Finance Trust, Inc.), Loan and Security Agreement (TPG RE Finance Trust, Inc.)

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Unsatisfied Judgment. One or more judgments or decrees shall be entered against either Borrower or Guarantor against either Borrower in the aggregate or any of its Subsidiaries involving in the aggregate a liability (not paid or fully covered by insurance) of $100,000 1,000,000 or more in the case of Borrower or $5,000,000 or more in the case of Guarantormore, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 1 contract

Samples: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

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