Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien in excess of $100,000 against, any of the Collateral or any collateral under a separate security agreement securing any of the Obligations and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, (i) bonded over to the satisfaction of the Bank and appealed, (ii) vacated, or (iii) discharged.
Appears in 1 contract
Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien in excess of $100,000 against, any of the Collateral or any collateral under a separate security agreement securing any of the Obligations and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, (i) bonded over to the satisfaction of the Bank Lender and appealed, (ii) vacated, or (iii) discharged.,
Appears in 1 contract
Samples: Loan and Security Agreement
Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other processorder, or the filing of any Lien in excess of $100,000 against(other than Permitted Liens), against any material portion of the Collateral or any collateral under a separate security agreement securing any of the Obligations and such judgment or other process shall not have been, within thirty sixty (3060) days from the entry thereof, (ia) bonded over to the satisfaction of the Bank Lender and appealed, (iib) vacated, or (iiic) discharged.
Appears in 1 contract
Samples: Loan and Security Agreement (United Western Bancorp Inc)
Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien in excess of $100,000 against, any of the Collateral or any collateral under a separate security agreement securing any of the Obligations Obligations, and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, : (i) bonded over to the satisfaction of the Bank Lender and appealed, ; (ii) vacated, ; or (iii) discharged.
Appears in 1 contract
Samples: Secured Revolving Credit Facility Agreement (Integrated Energy Solutions, Inc.)
