Common use of Execution; Attachment Clause in Contracts

Execution; Attachment. Any execution or attachment shall be levied against Collateral having an aggregate value in excess of Five Hundred Thousand Dollars ($500,000), or any part thereof, and such execution or attachment shall not be set aside, discharged or stayed within thirty (30) days after the same shall have been levied.

Appears in 3 contracts

Samples: Security Agreement (Liquidity Services Inc), Financing and Security Agreement (Liquidity Services Inc), Security Agreement (Liquidity Services Inc)

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Execution; Attachment. Any execution or attachment which, when aggregated with other executions and attachments then outstanding, involve more than $500,000 shall be levied against Collateral having an aggregate value in excess of Five Hundred Thousand Dollars ($500,000)the Collateral, or any part thereof, and such execution or attachment shall not be set aside, discharged or stayed within thirty (30) days after the same shall have been levied.

Appears in 1 contract

Samples: Financing and Security Agreement (Weston Roy F Inc)

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