Common use of Judgment Liens Clause in Contracts

Judgment Liens. Neither Borrower nor any of its assets is subject to any unpaid judgments (whether or not stayed) or judgment liens in any jurisdiction that would reasonably be anticipated to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amcomp Inc /Fl), Loan and Security Agreement (Amcomp Inc /Fl)

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Judgment Liens. Neither Borrower nor any of its assets is are subject to any unpaid judgments (whether or not stayed) or any judgment liens in any jurisdiction as of the date hereof or, as to any time after the date hereof, except to the extent that (a) such unpaid judgments or judgment liens would not reasonably be anticipated expected to have result in a Material Adverse EffectEffect or (b) such unpaid judgments or judgments liens are not senior to or pari passu with the Lien of Lender on any of the Collateral.

Appears in 2 contracts

Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)

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Judgment Liens. Neither Borrower nor any of its assets is subject to any unpaid judgments (whether or not stayed) or any judgment liens Liens in any jurisdiction that would reasonably be anticipated jurisdiction, in each case, (a) which were not disclosed to have a Material Adverse EffectLender in writing on or before the Closing Date or (b) of which Borrower has not given notice to Lender in accordance with Section 6.4.

Appears in 1 contract

Samples: Loan and Security Agreement (Cryolife Inc)

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