Common use of Attachment, Judgment, Tax Liens Clause in Contracts

Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against all or any portion of the Collateral or any assets of Borrower or Guarantor, of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,000, that is not discharged in full or stayed within thirty (30) days after such issuance, filing, levy, or seizure.

Appears in 2 contracts

Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)

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Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against all or any portion of the Collateral or any assets of Borrower or Guarantor, of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,00050,000, that is not discharged in full or stayed within thirty (30) days after such issuance, filing, levy, or seizure.

Appears in 2 contracts

Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)

Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against all or any portion of the Collateral or any assets of Borrower or GuarantorBorrower, of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,00025,000, that is not discharged in full or stayed within thirty (30) days after such issuance, filing, levy, or seizure.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against all or any portion of the Collateral or any assets of Borrower or Guarantor, Applicable Resort of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,00025,000, that is not discharged in full or stayed within thirty sixty (3060) days after such issuance, filing, levy, or seizure.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

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Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against on all or any portion of the Collateral or any assets of Borrower or GuarantorBorrower, of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,00050,000, that is not discharged in full or stayed within thirty (30) days after such issuance, filing, levy, or seizure.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)

Attachment, Judgment, Tax Liens. The issuance, filing, levy, or seizure against all or any portion of the Collateral or any assets of Borrower or any Guarantor, of one (1) or more attachments, injunctions, executions, tax liens, or judgments for the payment of money cumulatively in excess of $10,000, that is not discharged in full or stayed within thirty (30) days after such issuance, filing, levy, or seizure.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

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