Common use of Entry of a Material Judgment Clause in Contracts

Entry of a Material Judgment. Any judgment is entered against the Borrower or any other Obligor, and the judgment may materially and adversely affect the value, use or operation of the Real Property, unless the judgment is satisfied within fifteen (15) business days.

Appears in 5 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (United Investors Income Properties), Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund)

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Entry of a Material Judgment. Any judgment is entered against the Borrower or any other Obligor, and the judgment may materially and adversely affect the value, use or operation of the Real Property, unless the judgment is satisfied within fifteen twenty (1520) business daysDays.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)

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