Attachments; Judgments. Any portion of Borrower’s assets having a value in excess of $350,000 is attached or seized, or a levy is filed against any such assets, or a judgment or judgments (not covered by insurance as to which an insurer not affiliated with Borrower has acknowledged coverage) is/are entered for the payment of money, individually or in the aggregate, of at least $350,000, and remains unstayed, unbonded and unsatisfied for more than 30 days, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
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Samples: Loan and Security Agreement (Concert Pharmaceuticals, Inc.), Loan and Security Agreement (Concert Pharmaceuticals, Inc.), Joinder Agreement (Merrimack Pharmaceuticals Inc)
Attachments; Judgments. Any portion of any Borrower’s assets having a value in excess of $350,000 is attached or seized, or a levy is filed against any such assetsassets (having a fair market value in excess of $100,000), or a judgment or judgments (not covered by insurance as to which an insurer not affiliated with Borrower has acknowledged coverage) is/are entered for the payment of money, individually or in the aggregate, of at least $350,000, 300,000 for which such Borrower has not been reimbursed by or which is not within the coverage of its insurer (and remains unstayed, unbonded and unsatisfied for more than 30 daysas to which the insurer has not disclaimed coverage), or any Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
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Samples: Loan and Security Agreement (INSMED Inc), Loan and Security Agreement (Insmed Inc)
Attachments; Judgments. Any portion of Borrower’s assets having a value in excess of $350,000 250,000 is attached or seized, or a levy is filed against any such assets, or a judgment or judgments (not covered by insurance as to which an insurer not affiliated with Borrower liability has acknowledged coveragebeen accepted by such insurance carrier) is/are entered for the payment of money, individually or in the aggregate, of at least $350,000, 250,000 and remains unstayed, unbonded and unsatisfied for more than 30 ten (10) days, or Borrower is enjoined or in any way prevented by court order from conducting any material part of its business; or
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