Common use of Collateral Impairment Clause in Contracts

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or order, or the filing of any Lien (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 sixty (60) days from the entry thereof, (a) bonded over to the satisfaction of the Lender and appealed, (b) vacated, or (c) discharged.

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or orderother process, or the filing of any Lien (other than Permitted Liens)in excess of $100,000 against, 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 sixty thirty (6030) days from the entry thereof, (ai) bonded over to the satisfaction of the Lender Bank and appealed, (bii) vacated, or (ciii) discharged.

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or orderother process, or the filing of any Lien (other than Permitted Liens)against, 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 sixty thirty (6030) days from the entry thereof, (ai) bonded over to the satisfaction of the Lender and appealed, (b) vacated, or (c) discharged.,

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or orderother process, or the filing of any Lien (other than Permitted Liens)against, against any material portion 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 sixty thirty (6030) days from the entry thereof, : (ai) bonded over to the satisfaction of the Lender and appealed, ; (bii) vacated, ; or (ciii) discharged.