Common use of Lawsuits Clause in Contracts

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 6 contracts

Samples: Business Loan Agreement (Grease Monkey Holding Corp), Business Loan Agreement (Impco Technologies Inc), Business Loan Agreement (Edelbrock Corp)

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Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million Dollars ($250,0001,000,000) or more in excess of any insurance coverage.

Appears in 5 contracts

Samples: Business Loan Agreement (Powerwave Technologies Inc), Business Loan Agreement (Remedytemp Inc), Business Loan Agreement (Flir Systems Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Five Hundred Fifty Thousand Dollars ($250,000500,000.00) or more in excess of any insurance coverage.

Appears in 3 contracts

Samples: Revolving Credit Agreement, Revolving Credit Agreement (Solarcity Corp), Term Loan Agreement (Solarcity Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Five Hundred Fifty Thousand Dollars ($250,000500,000) or more in excess of any insurance coverage.

Appears in 3 contracts

Samples: Business Loan Agreement (E Tek Dynamics Inc), Business Loan Agreement (Channell Commercial Corp), Business Loan Agreement (United Bancorp /Or/)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor in an aggregate amount of Two Hundred Fifty Thousand One Million Dollars ($250,0001,000,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Coast Casinos Inc), Business Loan Agreement (Flir Systems Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower any one or more of Borrowers in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (Ashworth Inc), Business Loan Agreement (Ashworth Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (Sunrise Telecom Inc), Business Loan Agreement (Sunrise Telecom Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two One Hundred Fifty Thousand Dollars ($250,000100,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (Variflex Inc), Business Loan Agreement (Wholesome & Hearty Foods Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,00050,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Sunrise Preschools Inc/De/)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000S250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (American Eco Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand U.S. Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Gse Systems Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand U.S. Dollars (U.S. $250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Annie's, Inc.)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any of the Borrower's related entities or affiliates in an aggregate amount of Two Hundred Fifty Thousand Million Dollars ($250,00050,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Longs Drug Stores Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage, except those which the Bank has been previously notified.

Appears in 1 contract

Samples: Business Loan Agreement (Image Entertainment Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the any Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) 100,000 or more or by any other person against any Borrower in the aggregate in an amount of $100,000 or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Crop Growers Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Million Dollars ($250,0002,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Wet Seal Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Seven Hundred Fifty Thousand and No/100 Dollars ($250,000750,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Automobile Flooring and Security Agreement (United Auto Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Coffee People Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Temtex Industries Inc)

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Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Game Trading Technologies, Inc.)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Seven Hundred Fifty Thousand Dollars ($250,000750,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Pia Merchandising Services Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against any one or more of the Borrower Borrowers (or any guarantor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Jda Software Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two One Hundred Fifty Thousand Dollars ($250,000S100,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Variflex Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of on one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Eloyalty Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower any one or more of Borrowers in an aggregate amount of Two Hundred Fifty Thousand One Million and No/100 Dollars ($250,0001,000,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Jda Software Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any Obligor in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (KSW Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower or any guarantor (or any trustor) in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (California Jockey Club)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand Dollars ($250,00050,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Aml Communications Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower in an aggregate amount of Two Hundred Fifty Thousand and NO/ 100 Dollars ($250,000250,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (Video Display Corp)

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