Common use of Lawsuits Clause in Contracts

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 6 contracts

Samples: Business Loan Agreement (Impco Technologies Inc), Sa Business Loan Agreement (Claremont Technology Group Inc), Agreement (Edelbrock Corp)

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Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million Dollars ($250,0001,000,000) or more in excess of any insurance coverage.

Appears in 4 contracts

Samples: Sa Business Loan Agreement (Flir Systems Inc), Agreement (Powerwave Technologies Inc), Credit Agreement (Remedytemp Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Five Hundred Fifty Thousand Dollars ($250,000500,000) or more in excess of any insurance coverage.

Appears in 3 contracts

Samples: Business Loan Agreement (E Tek Dynamics Inc), Agreement (United Bancorp /Or/), Channell Commercial Corp

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two One Hundred Fifty Thousand Dollars ($250,000100,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Agreement (Variflex Inc), Sa Business Loan Agreement (Wholesome & Hearty Foods Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Sunrise Telecom Inc, Sunrise Telecom Inc

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Loan Agreement (Insys Therapeutics, Inc.), Agreement (Unilens Vision Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower any one or more of Borrowers in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Agreement (Ashworth Inc), Business Loan Agreement (Ashworth Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor (or any trustor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (California Jockey Club)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against any one or more of the Borrower Borrowers (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000S250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (American Eco Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,00050,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Agreement (Aml Communications Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Jda Software Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Game Trading Technologies, Inc.)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Temtex Industries Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Million Dollars ($250,0002,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Wet Seal Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two One Hundred Fifty Thousand Dollars ($250,000S100,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: America Business Loan Agreement (Variflex Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower any one or more of Borrowers in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Jda Software Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and NO/ 100 Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Video Display Corp)

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Lawsuits. Any lawsuit or lawsuits are filed on behalf of on one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Eloyalty Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the any Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) 100,000 or more or by any other person against any Borrower in the aggregate in an amount of $100,000 or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Agreement (Crop Growers Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any of the Borrower's related entities or affiliates in an aggregate amount of Two Hundred Fifty Thousand Million Dollars ($250,00050,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Longs Drug Stores Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (KSW Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Seven Hundred Fifty Thousand and No/100 Dollars ($250,000750,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Security Agreement (United Auto Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Coffee People Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage, except those which the Bank has been previously notified.

Appears in 1 contract

Samples: Loan Agreement (Image Entertainment Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,00050,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: America Business Loan Agreement (Sunrise Preschools Inc/De/)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand U.S. Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Gse Systems Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand U.S. Dollars (U.S. $250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Annie's, Inc.)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor in an aggregate amount of Two Hundred Fifty Thousand One Million Dollars ($250,0001,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Flir Systems Inc)

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