Common use of Money Judgment Clause in Contracts

Money Judgment. A Judgment or order for the payment of money in excess of $1,000,000 or otherwise having a Materially Adverse Effect shall be rendered against any other Consolidated Company, and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.

Appears in 6 contracts

Samples: Term Loan Agreement, Revolving and Term Loan Agreement, Revolving and Term Loan Agreement (Brown & Brown Inc)

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Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 5,000,000 or otherwise having a Materially Adverse Effect shall be rendered against Borrower or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 6 contracts

Samples: Revolving Credit Agreement (Hughes Supply Inc), Credit Agreement (Hughes Supply Inc), Line of Credit Agreement (Hughes Supply Inc)

Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 5,000,000 or otherwise having a Materially Adverse Effect shall be rendered against Intermet or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 5 contracts

Samples: Subsidiary Guaranty Agreement (Intermet Corp), Term Loan Agreement (Intermet Corp), Credit Agreement (Intermet Corp)

Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 5,000,000 not covered by insurance or otherwise having a Materially Adverse Effect shall be rendered against Borrower or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 4 contracts

Samples: Revolving Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc)

Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 (for which the Consolidated Company is not insured) or otherwise having a Materially Adverse Effect shall be rendered against any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty thirty (6030) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 2 contracts

Samples: Credit Agreement (Nelson Thomas Inc), Credit Agreement (Nelson Thomas Inc)

Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 5,000,000 not covered by insurance or otherwise having a Materially Adverse Effect shall be rendered against Parent or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 2 contracts

Samples: Revolving Credit Agreement (Choicepoint Inc), Term Loan Credit Agreement (Choicepoint Inc)

Money Judgment. A Judgment Judgments or order orders for the payment of money in excess of $1,000,000 10,000,000 individually or in the aggregate or otherwise having a Materially Adverse Effect shall be rendered against Borrower or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 2 contracts

Samples: Credit Agreement (Rock Tenn Co), Credit Agreement (Rock Tenn Co)

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Money Judgment. A Judgment or order for the payment of money in excess of $1,000,000 or otherwise having a Materially Adverse Effect shall be rendered against any other Consolidated Company, and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 60 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit."

Appears in 1 contract

Samples: Revolving Loan Agreement (Poe & Brown Inc)

Money Judgment. A Judgment judgment or order for the payment of money in excess of $1,000,000 5,000,000 (or the equivalent in any currency) or otherwise having a Materially Adverse Effect shall be rendered against Borrower or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Vari Lite International Inc)

Money Judgment. A Judgment Judgments or order orders for the payment of money in excess of $1,000,000 10,000,000 (which is not covered by insurance) individually or in the aggregate or otherwise having a Materially Adverse Effect shall be rendered against Borrower or any other Consolidated Company, Company and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) 30 days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.;

Appears in 1 contract

Samples: Credit Agreement (CBRL Group Inc)

Money Judgment. A Judgment or order for the payment of money in excess of $1,000,000 1,000,000.00 or otherwise having a Materially Adverse Effect shall be rendered against any other Consolidated Company, and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 1,000,000.00 limit.

Appears in 1 contract

Samples: Revolving and Term Loan Agreement (Brown & Brown Inc)

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