Involuntary Liens. Any involuntary Lien in the sum of $250,000 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
Appears in 2 contracts
Samples: Loan Agreement (Cascade Natural Gas Corp), Loan Agreement (Cascade Natural Gas Corp)
Involuntary Liens. Any involuntary Lien in the sum of Fifty Thousand Dollars ($250,000 50,000) or more shall attach to any asset or property of Borrower the Borrower, any of its Subsidiaries or any Guarantor which is not discharged within 60 sixty (60) days after such attachment or within 30 thirty (30) days after notice from the Agent or any Lender, whichever first occurs; or
Appears in 2 contracts
Samples: Loan Agreement (Elandia International Inc.), Loan Agreement (Elandia, Inc.)
Involuntary Liens. Any involuntary Lien in the sum of One Hundred Thousand Dollars ($250,000 100,000) or more shall attach to any asset or property of the Borrower which (i) is not discharged within 60 sixty (60) days after such attachment or within 30 thirty (30) days after notice from the Agent or any Lender, whichever first occurs; or, or (ii) constitutes an involuntary Lien for taxes not yet due.
Appears in 2 contracts
Samples: Loan Agreement (Cascade Corp), Loan Agreement (Cascade Corp)
Involuntary Liens. Any involuntary Lien in the sum of Fifty Thousand Dollars ($250,000 50,000) or more shall attach to any asset or property of Borrower the Borrower, any of its Subsidiaries which is not discharged within 60 sixty (60) days after such attachment or within 30 thirty (30) days after notice from the Agent or any Lender, whichever first occurs; or
Appears in 1 contract
Involuntary Liens. Any involuntary Lien in excess of the sum of $250,000 or more Threshold Amount 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
Appears in 1 contract
Samples: Uncommitted Loan Agreement (Synetics Solutions Inc)
Involuntary Liens. Any involuntary Lien in the sum of $250,000 100,000 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
Appears in 1 contract
Involuntary Liens. Any involuntary Lien in the sum of $250,000 1,000,000 or more shall attach to any asset or property of Borrower or any Guarantor which is not discharged within 60 days after such attachment or within 30 days after notice from Lender, whichever first occurs; or
Appears in 1 contract
Samples: Revolving Credit Agreement (Fei Co)
