Common use of Judgment and Proceedings Clause in Contracts

Judgment and Proceedings. (A) (1) The entry of any judgment or decree against the Servicer or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor and their Subsidiaries exceeds the Material Judgment Level and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Servicer asserting a claim in excess of the Material Judgment Level; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.

Judgment and Proceedings. (A) (1) The entry of any judgment or decree against the Servicer or any of its respective Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor Servicer and their its Subsidiaries exceeds the Material Judgment Level $10,000,000, and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Servicer asserting which, if adversely determined to the Servicer, could reasonably be expected to have a claim in excess of the Material Judgment LevelAdverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.

Judgment and Proceedings. (A) (1) The entry of any judgment or decree against the Servicer or any of its respective Subsidiaries if the aggregate RECEIVABLES PURCHASE AGREEMENT amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor Servicer and their its Subsidiaries exceeds the Material Judgment Level and $1,000,000, (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Servicer that could, individually or in the Servicer asserting aggregate, reasonably be expected to have a claim in excess of the Material Judgment Level; Adverse Effect and (B3) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.

Judgment and Proceedings. (Aa) (1) The entry of any judgment or decree against the Servicer or any of its respective Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor Servicer and their its Subsidiaries exceeds the Material Judgment Level $1,000,000 and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Servicer asserting that could, individually or in the aggregate, reasonably be expected to have a claim in excess of the Material Judgment LevelAdverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.

Judgment and Proceedings. (A) (1) The entry of any judgment or decree against the Servicer or any of its respective Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor Servicer and their its Subsidiaries exceeds the Material Judgment Level $1,000,000 and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Servicer asserting that could, individually or in the aggregate, reasonably be expected to have a claim in excess of the Material Judgment LevelAdverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.

Judgment and Proceedings. (A) (1A)(1) The entry of any judgment or decree against the Servicer or any of its respective Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against the Servicer, the Performance Guarantor Servicer and their its Subsidiaries exceeds the Material Judgment Level and $5,000,000, or (2) the institution of any litigation, arbitration proceeding or governmental proceeding against the Servicer asserting which, individually or in the aggregate, could reasonably be expected to have a claim in excess of the Material Judgment LevelAdverse Effect; and or (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against Seller.