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

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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 '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)

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.)

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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.)

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