Common use of Creditors’ process Clause in Contracts

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 and is not discharged within thirty (30) days.

Appears in 5 contracts

Samples: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facilities Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor member of the Group having an aggregate value of USD 1,000,000 2,000,000 (or its equivalent in any other currency or currencies) and is not discharged within thirty (30) 14 days.

Appears in 4 contracts

Samples: Single Currency Revolving Facility Agreement (StoneX Group Inc.), Revolving Facility Agreement (StoneX Group Inc.), Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor the Obligors taken together having an aggregate value of USD 1,000,000 £25,000,000 and is not discharged within thirty (30) 21 days.

Appears in 3 contracts

Samples: Facility Agreement (Midamerican Energy Holdings Co /New/), Facility Agreement (Midamerican Energy Holdings Co /New/), Facility Agreement (Midamerican Energy Holdings Co /New/)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 5,000,000 Dollars (or the equivalent thereof in another currency or currencies) or more and is not discharged within thirty (30) 14 days.

Appears in 3 contracts

Samples: Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Amendment and Restatement Agreement (Pacific Drilling S.A.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution (or equivalent in any jurisdiction) affects any asset or assets of any an Obligor having an aggregate value of USD 1,000,000 at least GBP 250,000 and is not discharged within thirty (30) 30 days.

Appears in 2 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor or member of the Group having an aggregate value of USD 1,000,000 US$2,000,000 and is not discharged within thirty fourteen (3014) days.

Appears in 2 contracts

Samples: Loan Facility Agreement, Loan Facility Agreement (Charm Communications Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any Obligor Obligors having an aggregate value of USD 1,000,000 and is not discharged within thirty (30) 10 days.

Appears in 2 contracts

Samples: Facility Agreement (Central European Distribution Corp), Distribution Agreement (Central European Distribution Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor Borrower having an aggregate value of USD US$ 1,000,000 and is not discharged within thirty five (305) days.

Appears in 2 contracts

Samples: Credit Facility Agreement, Facility Agreement (Fabrinet)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor a member of the Group having an aggregate value of USD 1,000,000 USD25,000,000 and is not discharged within thirty (30) 21 days.

Appears in 2 contracts

Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 or more and is not discharged within thirty (30) days.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor having an aggregate value of USD 1,000,000 more than USD1,000,000 and such process is not discharged within thirty (30) days30 Business Days of commencement.

Appears in 1 contract

Samples: Margin Loan Facility Agreement (E-House (China) Holdings LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any an Obligor having an aggregate value of USD 1,000,000 £500,000 (or its equivalent) and is not discharged within thirty (30) 30 days.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor the Borrower having an aggregate value of USD 1,000,000 500,000 and is not discharged within thirty (30) days.

Appears in 1 contract

Samples: Facility Agreement (NORDIC AMERICAN TANKERS LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any an Obligor having an aggregate value of USD 1,000,000 8,000,000 and is not discharged within thirty (30) days.

Appears in 1 contract

Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP)

AutoNDA by SimpleDocs

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 U.S.$1,000,000 and is not discharged within thirty (30) 14 days.

Appears in 1 contract

Samples: Facility Agreement (Golden Star Resources LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor the Borrower having an aggregate value of USD 1,000,000 100,000 and is not discharged within thirty (30) days.

Appears in 1 contract

Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor or Security Provider having an aggregate value of not less than USD 1,000,000 25,000,000 and is not discharged within thirty forty-five (3045) days.

Appears in 1 contract

Samples: Common Terms Agreement (Sunpower Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 $[redacted] (or its equivalent in other currencies) and is not discharged within thirty (30) 14 days.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having an aggregate value of USD 1,000,000 12,500,000 or its equivalent and is not discharged within thirty (30) days.

Appears in 1 contract

Samples: Super Senior Revolving Facility Agreement (Eagle Bulk Shipping Inc.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor a member of the Group having an aggregate value of USD 1,000,000 [2,500,000] and is not discharged within thirty (30) 30 days.

Appears in 1 contract

Samples: Bridge Facility Agreement (Himalaya Shipping Ltd.)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor having with an aggregate value of USD 1,000,000 not less than USD15,000,000 (or equivalent in other currencies) and is not discharged within thirty (30) days15 Business Days.

Appears in 1 contract

Samples: Facility Agreement (Wimm Bill Dann Foods Ojsc)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution affects any asset or assets of any Obligor of the Borrowers and/or the Guarantor having an aggregate value of USD 1,000,000 500,000 and is not discharged within thirty (30) days.

Appears in 1 contract

Samples: Credit Agreement (B Plus H Ocean Carriers LTD)

Creditors’ process. Any expropriation, attachment, sequestration, distress or execution or any analogous process in any jurisdiction affects any asset or assets of any an Obligor having an aggregate value of USD 1,000,000 €1,900,000 (or its equivalent in any other currency or currencies) and is not discharged within thirty (30) 14 days.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Claires Stores Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!