Common use of Writ Clause in Contracts

Writ. Any of Borrower’s properties or assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (T3 Motion, Inc.), Loan and Security Agreement (Orange 21 Inc.)

AutoNDA by SimpleDocs

Writ. Any of Borrower’s or any Obligor’s properties or assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Great American Group, Inc.)

Writ. Any of Borrower’s or any Obliger’s properties or assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

Writ. Any of Borrower’s 's properties or assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)

AutoNDA by SimpleDocs

Writ. Any of Borrower’s 's or any Obligor's properties or assets is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Vertical Branding, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!