Common use of Judgment Entered Clause in Contracts

Judgment Entered. Permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower in an amount in excess of $1,000,000.00, in the aggregate, which is not discharged or execution is not stayed within 30 days of entry.

Appears in 1 contract

Samples: Loan Agreement (A.C. Moore Arts & Crafts, Inc.)

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Judgment Entered. Permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower in an amount in excess of $1,000,000.00, in the aggregate, which that is not bonded, discharged or execution is not stayed within 30 thirty (30) days of entryentry in an amount over fifty thousand dollars ($50,000).

Appears in 1 contract

Samples: Loan Agreement (Microfluidics International Corp)

Judgment Entered. Permit the entry of any monetary judgment or the ----------------- assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower in an amount in excess of $1,000,000.00, in the aggregate, which 50,000.00 and that is not discharged or execution is not stayed within 30 thirty (30) days of entry.

Appears in 1 contract

Samples: Loan Agreement (Techforce Corp)

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Judgment Entered. Permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower in an amount in excess of $1,000,000.00, in the aggregate, 50,000.00 which is not discharged or execution is not stayed within 30 days of entry.

Appears in 1 contract

Samples: Loan Agreement (GeoPharma, Inc.)

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