Common use of Creditor Proceedings Clause in Contracts

Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower or Parent against the collateral securing any or all of the Indebtedness, including, without limitation, a garnishment, attachment, levy or the like.

Appears in 1 contract

Samples: Loan Agreement (Grant Geophysical Inc)

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Creditor Proceedings. Commencement of foreclosure, whether by -------------------- judicial proceeding, self-help, repossession or any other method, by any creditor of the Borrower or Parent against the collateral securing any or all of the Indebtedness, including, without limitation, a garnishment, attachment, levy or the likeCollateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Symphonix Devices Inc)

Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower or Parent against the any collateral securing any or all of the Indebtedness, including, without limitation, Loans. This includes a garnishment, attachment, attachment or levy on or the likeof any of any deposit accounts of Borrower that are maintained with Lender.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Alliance Medical Corp)

Creditor Proceedings. Commencement of foreclosure, whether by judicial proceeding, self-help, repossession or any other method, by any creditor of Borrower Grantor or Parent by any governmental agency against the Collateral or any other collateral securing any or all of the Indebtedness, including, without limitation, . This includes a garnishment, attachment, levy or the likegarnishment of any of Grantor's deposit accounts with Lender.

Appears in 1 contract

Samples: Commercial Security Agreement (Techdyne Inc)

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Creditor Proceedings. Commencement of foreclosure, foreclosure whether by judicial proceeding, self-help, repossession or any other method, method by any creditor of the Borrower or Parent against the collateral securing any or all of the Indebtedness, including, without limitation, a garnishment, attachment, levy or the likeProperty.

Appears in 1 contract

Samples: Financing Agreement

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