Common use of Enforcement Proceedings Clause in Contracts

Enforcement Proceedings. a distress, attachment, execution, diligence or other legal process is levied, enforced or sued out on or against all or any part of the assets of any Obligor or Group Company and is not discharged within five business days;

Appears in 5 contracts

Samples: Ninth Supplemental Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)

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Enforcement Proceedings. a distress, attachment, execution, diligence or other legal process is levied, enforced or sued out out, on or against all or any a material part of the property, assets or revenues of any Obligor or Group Company the Issuer and is not discharged or stayed within five business 90 days;; or

Appears in 2 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement

Enforcement Proceedings. a distress, attachment, execution, diligence execution or other legal process is levied, enforced or sued out on or against all or any part of the assets of any an Obligor or Group Company and is not discharged or stayed within five business (5) days;

Appears in 1 contract

Samples: Term Loan Facility Agreement (Springview Holdings LTD)

Enforcement Proceedings. a distress, attachment, execution, diligence execution or other legal process is levied, enforced or sued out on or against all or any part of the assets of any Obligor or Group Company any of its subsidiaries and is not discharged or stayed within five business 10 days;

Appears in 1 contract

Samples: Loan Facility Agreement (American Eagle Tankers Inc LTD)

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Enforcement Proceedings. a A distress, attachment, execution, diligence execution or other legal process is levied, enforced or sued out on or against all or any part of the assets of the Company or any Obligor or member of the Group Company and is not discharged or stayed within five business 10 days;

Appears in 1 contract

Samples: Loan Note Instrument

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