Execution or Distress. Any execution or distress or attachment or legal process is levied against, enforced upon or sued out against, or an encumbrancer takes possession of, the whole or any substantial part of the assets of either of an Obligor or any Material Subsidiary and remains undischarged for sixty days.
Appears in 2 contracts
Samples: Facility Agreement (Wolseley PLC), Agreement (Wolseley PLC)
Execution or Distress. Any execution or distress or attachment or legal process is levied against, enforced upon or sued out against, or an encumbrancer takes possession of, the whole or any substantial part of the assets of either of an Obligor or any Material Subsidiary and remains undischarged for sixty 60 days.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Ferguson PLC), Agreement (Ferguson PLC)
