Default Judgments Sample Clauses

Default Judgments a. Northwell Health shall not obtain a default judgment against any patient without the specific approval of the Ombudsperson. Before authorizing a motion for a default judgment, the Ombudsperson should consider whether there is a reasonable basis to believe that the patient:
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Default Judgments. The Borrower suffers any default judgment against it to remain unsatisfied for more than 10 business days after having become aware thereof or rescission of any such judgment has not been obtained within 40 business days after the judgment came to the attention of the Borrower; or
Default Judgments. A judgment or order, for the payment of money in excess of $1,000,000, or otherwise having a Material Adverse Effect, shall be rendered against the Company or any of its Subsidiaries and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (by action of a court, by agreement or otherwise).
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