Common use of Execution on Collateral Clause in Contracts

Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor; or

Appears in 19 contracts

Samples: Security Agreement (Edible Garden AG Inc), Security Agreement (Ascendant Solutions Inc), Security Agreement (Ronco Corp)

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Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor; orlaw.

Appears in 10 contracts

Samples: Security Agreement (Karts International Inc), Loan Agreement (Karts International Inc), Loan and Security Agreement (SLS International Inc)

Execution on Collateral. The Collateral or any portion thereof is ----------------------- taken on execution or other process of law in any action against Debtor; or

Appears in 3 contracts

Samples: Credit Agreement (Data Return Corp), Security Agreement (Us Home Systems Inc /Tx), Pledge Agreement (Aviation Group Inc)

Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against Debtor, in each case, to the extend that Debtor does not receive insurance proceeds and/or a condemnation award therefor; or

Appears in 2 contracts

Samples: Security Agreement (Lm Funding America, Inc.), Security Agreement (Lm Funding America, Inc.)

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Execution on Collateral. The Collateral or any portion thereof is taken on execution or other process of law in any action against DebtorBorrower; or

Appears in 1 contract

Samples: Pledge Agreement (Diversified Corporate Resources Inc)

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