Common use of Judgments, Etc Clause in Contracts

Judgments, Etc. Allow any number of judgments for the payment of money in excess of the aggregate sum of $100,000.00 excluding amounts with respect to which an insurance carrier admits full coverage (except for applicable deductibles), to remain unsatisfied against it for a period of thirty (30) consecutive days, unless execution thereof is stayed.

Appears in 2 contracts

Samples: Loan Agreement (Span America Medical Systems Inc), Loan Agreement (Span America Medical Systems Inc)

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Judgments, Etc. Allow any number of judgments for the payment of money in excess of the aggregate sum of One Hundred Thousand and No/100 Dollars ($100,000.00 100,000) excluding amounts with respect to which an insurance carrier admits full coverage (except for applicable deductibles), to remain unsatisfied against it for a period of thirty sixty (3060) consecutive days, unless execution thereof is stayed.

Appears in 1 contract

Samples: Loan Agreement (Pernix Therapeutics Holdings, Inc.)

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Judgments, Etc. Allow any number of judgments for the payment of money in excess of the aggregate sum of Two Hundred Fifty Thousand and No/100 Dollars ($100,000.00 250,000.00) excluding amounts with respect to which an insurance carrier admits full coverage (except for applicable deductibles), to remain unsatisfied against it for a period of thirty sixty (3060) consecutive days, unless execution thereof is stayed.

Appears in 1 contract

Samples: Loan Agreement (RTI Biologics, Inc.)

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