Common use of Collateral Impairment Clause in Contracts

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien (other than a Permitted Lien) against any of the Collateral and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, (a) bonded over to the satisfaction of the Bank and appealed, (b) vacated, or (c) discharged, or the loss, theft, destruction, seizure or forfeiture.

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien (other than a Permitted Lien) against against, any material portion of the Collateral and such judgment or other process shall not have been, within thirty sixty (3060) days from the entry thereof, (ai) bonded over to the satisfaction of the Bank Purchaser and appealed, (bii) vacated, or (ciii) discharged, or the loss, theft, destruction, seizure or forfeiture.

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien (other than a Permitted Lien) against against, any of the Collateral property of Borrower and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, (ai) bonded over to the satisfaction of the Bank Lender and appealed, (bii) vacated, or (ciii) discharged, or the loss, theft, destruction, seizure or forfeiture.

Collateral Impairment. The entry of any judgment, decree, levy, attachment, garnishment or other process, or the filing of any Lien (other than a Permitted Lien) against against, any of the Collateral and such judgment or other process shall not have been, within thirty (30) days from the entry thereof, (a) bonded over to the satisfaction of the Bank and appealed, (b) vacated, or (c) discharged, or the loss, theft, destruction, seizure or forfeiture.