Common use of CERTAIN JUDGMENTS Clause in Contracts

CERTAIN JUDGMENTS. One or more judgments or decrees shall be entered against any Borrower or Guarantor involving in the aggregate a liability (not paid or fully covered -50- 59 by insurance) of $5,000,000 or more and all such judgments or decrees shall not have been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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CERTAIN JUDGMENTS. One or more judgments or decrees shall be entered against any Borrower or Guarantor involving in the aggregate a liability (not paid or fully covered -50- 59 by insurance) of $5,000,000 1,000,000 or more and all such judgments or decrees shall not have been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Lexington Corporate Properties Inc)

CERTAIN JUDGMENTS. One or more judgments or decrees shall be entered against any Borrower or Guarantor involving in the aggregate a liability (not paid or fully covered -50- 59 by insurance) of $5,000,000 10,000,000 or more and all such judgments or decrees shall not have been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 1 contract

Samples: Senior Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

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CERTAIN JUDGMENTS. One or more judgments or decrees shall be entered against any Borrower or Guarantor involving in the aggregate a liability (not paid or fully covered -50- 59 by insurance) of $5,000,000 or more and all such judgments or decrees shall not have been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or

Appears in 1 contract

Samples: Credit Agreement (Lexington Corporate Properties Trust)

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