Creditor Proceedings Sample Clauses
Creditor Proceedings. The commencement of foreclosure or other proceeding to obtain possession of the Real Property and/or the Collateral, whether by judicial proceeding, self-help, repossession, garnishment, execution or any other method, by any creditor of HLBE.
Creditor Proceedings. Commencement of foreclosure proceedings, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower, any creditor of any grantor of collateral for the Loan. This includes a garnishment, attachment, or levy on or of any of Borrower's deposit accounts with Lender.
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower or any creditor of any Grantor against any Collateral securing the Indebtedness, including, without limitation, a garnishment, attachment, levy, seizure, writ or distress warrant or the like (collectively, a “creditor proceeding”). However, this Event of Default shall not apply to such creditor proceeding if Section 3.1(h) applies thereto and is being contested in accordance therewith.
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Debtor against the Collateral or any other collateral securing the Indebtedness. This includes a garnishment of any of Debtor’s deposit account with Secured Party. However, this Event of Default shall not apply if there is a good faith dispute by Xxxxxx as to the validity or reasonableness of the claim which is the basis of the creditor proceeding and if Debtor gives Secured Party written notice of the creditor proceeding and deposits with Secured Party monies or a surety bond for the creditor proceeding, in an amount determined by Secured Party, in its sole discretion, as being an adequate reserve or bond for the dispute.
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower against any collateral securing the Loans. This includes a garnishment, attachment or levy on or of any of any deposit accounts of Borrower that are maintained with Lender.
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Debtor against any of the property of Debtor, including, without limitation, the Collateral. However, this subsection shall not apply in the event of a good faith dispute by Debtor as to the validity or reasonableness of the claim which is the basis of the foreclosure suit, provided that Debtor gives Secured Party
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower other than Lender against any collateral securing the Loans, and such foreclosure proceeding is not terminated within 30 days of its commencement, unless Borrower is contesting such action in good faith and has provided Lender a bond or other security of such amount and subject to such conditions as are reasonably satisfactory to Lender. This includes a garnishment, attachment or levy on or of any of any deposit accounts of Borrower that are maintained with Lender.
Creditor Proceedings appoint or permit the appointment of a liquidator, receiver or trustee in bankruptcy for Frontier or any of its Subsidiaries or in respect of the assets of Frontier or any of its Subsidiaries;
Creditor Proceedings. Any other creditor attempts to take any of the property subject to Grantor's Collateral Mortgage, or any of Borrower's or Grantor's other property on which Xxxxxx may then have a lien or security interest. This includes a garnishment of any of Borrower's or Grantor's deposit accounts with Xxxxxx.
Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of any Obligor against the Collateral or any other collateral securing the Indebtedness. This includes a garnishment of any of an Obligor's accounts, including without limitation deposit accounts. However, this Event of Default shall not apply if there is a good faith dispute by an Obligor as to the validity or reasonableness of the claim which is the basis of the creditor proceeding and if Obligor gives the Collateral Agent written notice of the creditor proceeding and Obligor diligently contests such proceedings.