Common use of Judgment Lien Clause in Contracts

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any of Borrower properties or assets.

Appears in 2 contracts

Sources: Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (T3 Motion, Inc.)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower Borrower's properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (Mendocino Brewing Co Inc)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower or any Obligor’s properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (Great American Group, Inc.)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower Borrower’s properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (Orange 21 Inc.)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower Borrower’s or any Obligor’s properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (Visualant Inc)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any of Borrower or any Obligor’s properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (DecisionPoint Systems, Inc.)

Judgment Lien. A judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower Borrower’s or any Obligor's properties or assets.

Appears in 1 contract

Sources: Loan and Security Agreement (Vertical Branding, Inc.)

Judgment Lien. A If a judgment or other claim becomes a lien Lien or encumbrance upon any material portion of Borrower properties any Borrower's assets or assets.the Collateral;

Appears in 1 contract

Sources: Loan and Security Agreement (Jalou Cashs LLC)