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 (or any guarantor) or any trustor in an aggregate amount of Five Hundred Thousand Dollars ($500,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (U S Laboratories Inc), Business Loan Agreement (U S Laboratories 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 guarantor) or any trustor Obligor in an aggregate amount of Five Two Hundred Fifty Thousand and 00/100 Dollars ($500,000250,000.00) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Loan Agreement (Insys Therapeutics, Inc.), Loan Agreement (Unilens Vision 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 Obligor in an aggregate amount of Five Hundred Thousand One Million Dollars ($500,0001,000,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (Calavo Growers Inc), Business Loan Agreement (Calavo Growers 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 Five Hundred Thousand Million Dollars ($500,0005,000,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (Cost Plus Inc/Ca/), Business Loan Agreement (Cohu Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the any Borrower (or any guarantor) or any trustor Obligor in an aggregate amount of Five Hundred Thousand One Million Dollars ($500,0001,000,000) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Business Loan Agreement (California Water Service Group), Business Loan Agreement (California Water Service Group)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the any Borrower (or any guarantor) or any trustor Obligor in an aggregate amount of Five Hundred Thousand Million and 00/100 Dollars ($500,0005,000,000.00) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Loan Agreement (California Water Service Group), Loan Agreement (California Water Service Group)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (or any guarantor) or any trustor Obligor in an aggregate amount of Five Hundred Thousand Million and 00/100 Dollars ($500,0005,000,000.00) or more in excess of any insurance coverage.

Appears in 2 contracts

Samples: Loan Agreement (California Water Service Group), Loan Agreement (California Water Service Group)

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 Five Hundred Thousand and No/Dollars ($500,000500,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Garcia Ernest C Ii)

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 Five Hundred Thousand Dollars ($500,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (99 Cents Only Store)

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 Five Hundred Thousand Million Dollars ($500,0005,000,000) or more in excess of any insurance coverage.

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 Borrower (or any guarantor) or any trustor Obligor in an aggregate amount of Five Hundred Thousand Dollars ($500,000) 500,000 or more in excess of any insurance coveragecoverage and which are not dismissed within sixty (60) days.

Appears in 1 contract

Samples: Loan Agreement (Jamba, 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 Five Hundred Thousand Dollars ($500,000) 50,000 or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

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 Five Hundred Thousand Dollars ($500,000) 500,000 or more more, in excess of any insurance coverage, which are not dismissed within sixty (60) days thereafter.

Appears in 1 contract

Samples: Secured Business Loan Agreement (Greg Manning Auctions Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the Borrower (any one or any guarantor) or any trustor more of Borrowers in an aggregate amount of Five Hundred Thousand One Million Dollars ($500,0001,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Savings Plan and Trust Agreement (California Water Service Group)

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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 Five Hundred Thousand Million Dollars ($500,0005,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Cost Plus Inc/Ca/)

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 Five Hundred Thousand and no/100 Dollars ($500,000500,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Cerprobe Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more -------- trade creditors against the Borrower (or any guarantor) or any trustor the Subsidiary Borrower in an aggregate amount of Five Hundred Thousand Dollars ($500,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against the any Borrower (or any guarantor) or any trustor Obligor in an aggregate amount of Five Hundred Thousand Dollars ($500,000500,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Excelligence Learning Corp)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more -------- trade creditors against the Borrower (or any guarantor) or any trustor Guarantor in an aggregate amount of Five Hundred Thousand Dollars ($500,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Aztec Manufacturing Co)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against any one or more of the Borrower (or any guarantor) or any trustor Borrowers in an aggregate amount of Five One Hundred Thousand and No/100 Dollars ($500,000100,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Agribiotech 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 Obligor in an aggregate amount of Five Hundred Fifty Thousand and No/100 Dollars ($500,00050,000.00) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Loan Agreement (American Locker Group Inc)

Lawsuits. Any lawsuit or lawsuits are filed on behalf of one or -------- more trade creditors against the Borrower or any guarantor (or any guarantortrustor) or any trustor in an aggregate amount of Five One Hundred Thousand Dollars ($500,000100,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Prolong International Corp)

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 guarantorObligor) or any trustor in an aggregate amount of Five Hundred Thousand One Million Dollars ($500,0001,000,000) or more in excess of any insurance coverage.

Appears in 1 contract

Samples: Business Loan Agreement (Bebe Stores Inc)

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