Consent Judgments Sample Clauses
Consent Judgments. Promptly after the Effective Date, the Parties will proceed to file the Consent Judgments, and the obligations in the State Participation Forms and Subdivision Participation Agreements will become effective and binding as of the Effective Date.
Consent Judgments. On or prior to November 28, 2000, each Credit Party executing this Agreement shall execute and deliver in favor of Lender such documents as Lender and its counsel shall require permitting Lender to enter judgment against such Credit Party in a court of competent jurisdiction ("Confessions of Judgment"). Each Confession of Judgment shall be held in escrow by Lender until the occurrence of a Termination Event. From and after the occurrence of a Termination Event, Lender shall be permitted to insert the amount of principal and interest due to Lender and to enter judgment against each such Credit Party or any of them. Each Credit Party acknowledges that such judgment shall be final, not subject to appeal and any right of appeal, whether under applicable law or otherwise, is hereby expressly waived. Lender agrees to give the applicable Credit Party two (2) Business Days written notice, pursuant to Section 7.10 hereof, of the occurrence of a Termination Event prior to enforcing such Confession of Judgment and Lender will not enter judgment pursuant to such Confession of Judgment if the Termination Event has been cured or remedied. If such Termination Event is not capable of being cured or if such Termination Event relates to a default in the payment, when due, of any amount under the Trucking Note, including the payment of any mandatory prepayment required to be paid hereunder, or if Lender is prevented from giving such notice under applicable law, including the automatic stay under Title 11 of the United States Code, then Lender shall be permitted to enforce the judgment or judgments pursuant to the Confessions of Judgment without notice to any Credit Party.
Consent Judgments. Under no circumstances shall the Firm record consent judgments in court without written instructions from the Client and without getting a confirmation from the Client that the form and substance of the consent judgment is acceptable to the Client.
Consent Judgments. A mediation conference is not a meeting of a public body for purposes of the open meetings act, 1976 PA 267, MCL 15.261 to 15.275.
Consent Judgments. The Consent Judgments, the form of which is attached hereto as Exhibit A, contains blanks for (i) the amount of judgment (the Maslow Obligation minus any sums paid, and the HCRN Obligation minus any sums received by Credit Cash), (ii) the date that Default (as defined by paragraphs 5 and 6) occurred and from which interest at the rate of 18% per annum will accrue, and (iii) the amount of attorneys’ fees and expenses incurred by Credit Cash in connection with the Default and enforcement of its rights and remedies. The Consent Judgments shall be held in escrow and shall not be filed unless a Default occurs, at which time Credit Cash may file one or both Consent Judgments in the DNJ Action. Maslow, the Vivos Entities, Doki and V▇▇▇▇▇▇ shall be deemed to have irrevocably consented to Credit Cash filling in the blanks to reflect the amount owed to Credit Cash as of the date Credit Cash elects to file the Consent Judgment and to otherwise make any reasonable amendment or addition to the Consent Judgments to make the Consent Judgments effective.