Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the Borrower/the Security Party and such distress, execution or other process is not discharged by the Borrower/the Security Party within seven (7) days from the date of such levy or issue; or
Appears in 6 contracts
Samples: Loan Agreement, Conventional Property Financing Facility Agreement, Conventional Property Financing Facility Agreement
Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the Borrower/Borrower and/or the Security Party and such distress, execution or other process is not discharged by the Borrower/Borrower and/or the Security Party within seven (7) calendar days from the date of such levy or issue; or
Appears in 5 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement
Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the Borrower/Customer and/or the Security Party and such distress, execution or other process is not discharged by the Borrower/Customer and/or the Security Party within seven five (75) calendar days from the date of such levy or issue; or
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement
Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the BorrowerCustomer/the Security Party and such distress, execution or other process is not discharged by the BorrowerCustomer/the Security Party within seven five (75) days from the date of such levy or issue; or
Appears in 3 contracts
Samples: Commodity Murabaha Property Financing I Facility Agreement, Commodity Murabaha Property Financing I Facility Agreement, Commodity Murabaha Property Financing I Facility Agreement
Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the Borrower/the Security Party Property and such distress, execution or other process is not discharged by the Borrower/the Security Party Borrower within seven five (75) days from the date of such levy or issue; or
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement
Enforcement Proceedings. A distress or execution or other process of a court of competent jurisdiction is levied upon or issued against all or any part of the property of the Borrower/the Security Party Borrower and such distress, execution or other process is not discharged by the Borrower/the Security Party Borrower within seven five (75) days from the date of such levy or issue; or
Appears in 1 contract
Samples: Housing Loan Agreement
