Common use of Creditor Enforcement Action Clause in Contracts

Creditor Enforcement Action. Any creditor(s) of Borrower or any Guarantor take(s) or threaten(s) any enforcement action against Borrower or any Guarantor which, in Lender’s reasonable judgment, would materially interfere with the operation of Borrower’s or any Guarantor’s business or Lender’s ability to collect the Obligations.

Creditor Enforcement Action. Any creditor(s) of any Borrower or any Guarantor take(s) or threaten(s) in writing any enforcement action against any Borrower or any Guarantor which, in LenderAdministrative Agent’s reasonable judgment, would materially interfere with the operation of any Borrower’s or any Guarantor’s business or LenderAdministrative Agent’s and the Lenders’ ability to collect the Obligations.

Creditor Enforcement Action. Any creditor(s) of any Borrower or any Guarantor take(s) or threaten(s) in writing any enforcement action against any Borrower or any Guarantor which, in LenderAdministrative Agent’s reasonable judgment, would materially interfere with the operation of any Borrower’s or any Guarantor’s business or LenderAdministrative Agent’s and the Lenders’ ability to collect the Obligations.;