Judgments and Liens. Promptly after the commencement thereof, notice of any attachment, judgment, lien, levy or order exceeding $25,000,000 that may be assessed against or threatened against any Credit Party other than Permitted Liens.
Judgments and Liens. Neither the Securityholders nor the Company shall create, incur, assume or permit to exist any mortgage, lien, security interest, charge or encumbrance on any property or assets now owned or hereafter acquired by the Company except:
Judgments and Liens. If a final judgment or judgments for the payment of money in excess of the sum of Fifty Thousand Dollars ($50,000.00) in the aggregate shall be rendered against the Borrower, and such judgment or judgments shall remain unsatisfied and in effect and shall not have been discharged within thirty (30) consecutive days after the entry thereof and execution thereon shall not have been stayed pending appeal, or if so stayed, ten (10) days after the expiration of such stay.
Judgments and Liens. If a final judgment or judgments for the payment of money in excess of the sum of Two Hundred Fifty Thousand ($250,000) Dollars in the aggregate shall be rendered against either Borrower, Citizens or Farmers and such judgment or judgments EXHIBIT 10.1 - continued shall remain unsatisfied and in effect and shall not have been discharged by the last to occur of: (i) the expiration of thirty (30) consecutive days after the entry thereof, if execution thereon shall not have been stayed pending appeal, or (ii) if so stayed, thirty (30) days after the expiration of such stay; or if a lien or notice of lien is filed against any of Borrower’s, Citizens’ or Farmers’ assets (other than a lien of ad valorem taxers not yet due and payable or any mechanics’ or materialmen or suppliers’ lien filed pursuant to applicable law for monies not yet due and payable), and the same is not released within twenty (20) days after the filing thereof.
Judgments and Liens. There are no judgments, liens, encumbrances or other security interests (i) affecting the Collateral other than Glenayre's purchase money security interest therein or (ii) otherwise outstanding against Maker or its Subsidiaries or any of their respective properties which would have a Material Adverse Effect on any of them.
Judgments and Liens. Pierces or the Company shall not create, incur, assume or permit to exist any mortgage, lien, security interest, charge or encumbrance on any property or assets now owned or hereafter acquired by the Company except:
Judgments and Liens. If a final judgment or judgments for the payment of money in excess of the sum of $250,000.00 in the aggregate (excluding any amounts covered by insurance) shall be rendered against any of Borrowers and such judgment or judgments shall remain unsatisfied and in effect and shall not have been discharged within forty-five (45) consecutive days after the entry thereof and execution thereon shall not have been stayed pending appeal, or if so stayed, ten (10) days after the expiration of such stay, or if a lien or notice of lien is filed against any of Borrowers’ assets (other than Permitted Encumbrances), including mechanics’ or materialmens’ liens and state or federal tax liens, or if an action to enforce a lien upon or security interest in any of Borrowers’ assets, is commenced.
Judgments and Liens. The Securityholders or the Seller shall not create, incur, assume or permit to exist any mortgage, lien, security interest, charge or encumbrance on any property or assets now owned or hereafter acquired by the Seller except:
Judgments and Liens. On the Closing Date, the Seller will be free and clear of all judgments and liens.
Judgments and Liens. Satisfy all material judgments and liens. ------------------- V NEGATIVE COVENANTS ------------------ Each of the Borrowers covenants and agrees that so long as Trade Bank remains committed to make any Credit Extensions to Borrowers and until all Obligations have been paid, such Borrower will not, without the prior written consent of Trade Bank:
