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

Appears in 1 contract

Samples: Loan Agreement (Grant Geophysical Inc)

Creditor Proceedings. Commencement of foreclosure, whether by -------------------- judicial proceeding, self-help, repossession or any other method, by any creditor of Grantor or by any governmental agency the Borrower against the Collateral or any other collateral securing the Indebtedness. This includes a garnishment of any of Grantor's deposit accounts with LenderCollateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Symphonix Devices 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 Grantor or by any governmental agency the Borrower against the Collateral or any other collateral securing the Indebtedness. This includes a garnishment of any of Grantor's deposit accounts with LenderProperty.

Appears in 1 contract

Samples: Financing Agreement

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