Judgment Amount definition
Examples of Judgment Amount in a sentence
A warrant or writ of attachment or execution or similar process shall be issued against any property of AHL or any Subsidiary thereof which exceeds in value the Material Judgment Amount and such warrant or process shall continue undischarged or unstayed for a period of thirty (30) days.
Except as disclosed by SELLER in Rights In Judgment, Exhibit 1, or otherwise agreed to by PURCHASER in writing, all Proceeds to which SELLER is entitled on account of Litigation, the Litigation Proceeds, the Judgment and the Judgment Collateral shall be paid first to PURCHASER, until the full Judgment Amount Assigned has been paid to PURCHASER.
A warrant or writ of attachment or execution or similar process shall be issued against any property of either Co-Borrower or any Subsidiary thereof which exceeds in value the Material Judgment Amount and such warrant or process shall continue undischarged or unstayed for a period of thirty (30) days.
SELLER understands and acknowledges that PURCHASER is relying on all of SELLER'S agreements, representations and warranties in entering into this Agreement and in purchasing the Judgment Amount Assigned.
SELLER shall not: make any assignment or transfer or give, as collateral, any right or beneficial interest of SELLER in the Litigation, the Litigation Proceeds, the Judgment, the Judgment Collateral or any Proceeds thereof or rights therein, or take any other action that could have the effect of impairing or delaying PURCHASER'S receipt of the Judgment Amount Assigned.