Common use of Money Judgment Clause in Contracts

Money Judgment. Final orders for the payment of money involving in the aggregate at any time a liability (net of any insurance proceeds or indemnity payments actually received in respect thereof prior to or within sixty (60) days from the entry thereof, or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000 or that would otherwise have a Material Adverse Effect, shall be rendered against any Credit Party and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise);

Money Judgment. Final Judgments or orders for the payment of money involving in the aggregate at any time a liability (net of any amounts paid by an independent third party insurance proceeds company or indemnity payments actually received surety or fully covered by independent third party insurance or surety bond issued by a company with an AM Best rating in respect thereof prior one of the two highest categories as to which the relevant insurance company or within sixty (60surety does not dispute coverage) days from the entry thereof, in excess of $150,000,000 individually or to be received in respect thereof in the event any appeal thereof shall be unsuccessful) of more than $1,000,000 aggregate or that would otherwise have having a Material Adverse Effect, Effect shall be rendered against any Credit Party or any Restricted Subsidiary, and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise);; or