Common use of Attachment or Process Clause in Contracts

Attachment or Process. A creditor attaches, arrests or takes possession of, or a distress, execution, sequestration, diligence or other process is levied or enforced upon or sued out against, any material part of the assets of the Company and is not discharged within 21 days.

Appears in 2 contracts

Samples: Propco Facility Agreement (Toys R Us Inc), Propco Facility Agreement (Toys R Us Inc)

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Attachment or Process. A creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, any material part of the assets of the Company and is not discharged within 21 days.

Appears in 1 contract

Samples: Uk Propco Facility Agreement (Toys R Us Inc)

Attachment or Process. A creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, against any material part of the assets assets, of the a Material Group Company and is not discharged within 21 30 days.

Appears in 1 contract

Samples: Facilities Agreement (Yell Finance Bv)

Attachment or Process. A creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, against any material part of the assets asset, of the a Material Group Company and is not discharged within 21 14 days.

Appears in 1 contract

Samples: Facilities Agreement (Lucite International Group Holdings LTD)

Attachment or Process. A creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, against all or any material part of the assets of the any Material Subsidiary or Material Excluded Company and such process is not discharged within 21 days.10 Business Days. -120-

Appears in 1 contract

Samples: Credit Agreement (Delta I Acquisition Inc)

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Attachment or Process. A a creditor attaches, arrests attaches or takes possession of, or a distressjudgment, execution, sequestration, diligence execution or other process is levied or enforced upon or sued out against, any material part of the assets undertakings, assets, rights or revenues of the Company Borrower or of the Sponsor and is not discharged within 21 20 (twenty) days.;

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Cascal B.V.)

Attachment or Process. A a creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, against any material part of the assets undertaking, assets, rights or revenues of the Borrower or any other Obligor or any other Combined Group Company and is not discharged within 21 seven days.; or

Appears in 1 contract

Samples: Facility Agreement (Aremissoft Corp)

Attachment or Process. A creditor attaches, arrests attaches or takes possession of, or a distress, execution, sequestration, diligence sequestration or other process is levied or enforced upon or sued out against, against any material part of the assets of the any Obligor or Material Company and is not discharged within 21 30 days.

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

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