Involuntary Liens. Any lien is imposed upon the Property involuntarily due to the acts or omissions of Developer and such lien is not removed within sixty (60) days of it being imposed upon the Property.
Involuntary Liens. Permit any involuntary liens to arise with respect to any property or assets including but not limited to those arising from the levy of a writ of attachment or execution, or the levy of any state or federal tax lien which lien will not be removed within a period of thirty (30) days.
Involuntary Liens. Any involuntary Lien in the sum of Fifty Thousand Dollars ($50,000) or more shall attach to any asset or property of the Borrower, any of its Subsidiaries or any Guarantor which is not discharged within sixty (60) days after such attachment or within thirty (30) days after notice from the Agent or any Lender, whichever first occurs; or
Involuntary Liens. Permit any involuntary liens to arise with respect to any property or assets including but not limited to those arising from the levy of a writ of attachment or execution, or the levy of any state or federal tax lien which lien shall not be removed within a period of 30 days.
Involuntary Liens. Any involuntary Lien in the sum of $100,000 or more shall attach to any asset or property of Borrower which is not discharged within 60 days after such attachment or within 30 days after notice from Lender, whichever first occurs; or
Involuntary Liens. If a lien, writ of execution or attachment or any similar process shall be issued or levied against all or any part of or interest in the Property or other collateral covered by the Loan Documents and such is not released, bonded, satisfied, vacated or stayed within sixty (60) days after its entry or levy.
Involuntary Liens. Any involuntary Lien or Liens for amounts then due in the aggregate sum of Fifty Thousand Dollars ($50,000) or more, of any kind or character shall attach to any assets or property of the Borrower if such Lien or Liens are not discharged or bonded pending proceedings to release such Lien or Liens within sixty (60) days after the date of attachment or unless such Lien or Liens are being contested in good faith.
Involuntary Liens. The State shall not incur or suffer to exist any Lien on or with respect to the Pledged Collateral or the Program Income deposited in the Subordinated Debt Service Fund, other than (i) any Lien created by the Related Documents, or (ii) any such Lien that the State contests in good faith and by appropriate proceedings, which proceedings have the effect of preventing the forfeiture or sale of the property or asset subject to such Lien.
Involuntary Liens. Any involuntary lien or liens in the aggregate sum of Two Hundred Fifty Thousand Dollars ($250,000) or more, of any kind or character, shall attach to any assets or property of Borrower, and remain in effect for a period of sixty (60) days after the date of such lien, or in any event later than five days prior to the date of any sale thereunder, except for taxes due but not in default and liens, the validity of which are being contested in good faith by appropriate
Involuntary Liens. Neither Borrower nor the Operating Company shall permit to arise against any of the property associated with an Eligible Project any lien or other encumbrance, except for liens permitted by the terms of the Related Documents or the other Loan Documents.
