Levy By Judgment Creditor. A judgment creditor of the BORROWER shall obtain possession of any of the COLLATERAL by any means, including but not limited to levy, distraint, replevin or self-help, and the BORROWER shall not remedy same within thirty (30) days thereof; or a writ of garnishment is served on the LENDER relating to any of the accounts of the BORROWER maintained by the LENDER.
Appears in 3 contracts
Samples: Loan and Security Agreement (Ea Engineering Science & Technology Inc), Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Accom Inc)
Levy By Judgment Creditor. A judgment creditor of any of the BORROWER BORROWERS shall obtain possession of any of the COLLATERAL by any means, including but not limited to levy, distraint, replevin or self-help, and the applicable BORROWER shall not fail to remedy same within thirty (30) days thereof; or a writ of garnishment is served on the LENDER relating to any of the accounts of any of the BORROWER BORROWERS maintained by the LENDER.
Appears in 2 contracts
Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc)
Levy By Judgment Creditor. A judgment creditor of either of the BORROWER BORROWERS shall obtain possession of any of the COLLATERAL by any means, including but not limited to levy, distraint, replevin or self-help, and neither of the BORROWER BORROWERS shall not remedy same within thirty (30) days thereof; or a writ of garnishment is served on the LENDER relating to any of the accounts of either of the BORROWER BORROWERS maintained by the LENDER.
Appears in 1 contract
Samples: Loan and Security Agreement (Imtek Office Solutions Inc)
Levy By Judgment Creditor. A judgment creditor of any of the BORROWER BORROWERS shall obtain possession of any of the COLLATERAL by any means, including but not limited to levy, distraint, replevin or self-help, and any of the BORROWER BORROWERS shall not remedy same within thirty (30) days thereof; or a writ of garnishment is served on the LENDER a SECURED PARTY relating to any of the accounts of any of the BORROWER BORROWERS maintained by with the LENDERAGENT or any other SECURED PARTY.
Appears in 1 contract
Levy By Judgment Creditor. A judgment creditor of any of the BORROWER BORROWERS shall obtain possession of any of the COLLATERAL by any means, including but not limited to levy, distraint, replevin or self-help, and none of the BORROWER BORROWERS shall not remedy same within thirty (30) days thereof; or a writ of garnishment is served on the LENDER relating to any of the accounts of any of the BORROWER BORROWERS maintained by the LENDER.
Appears in 1 contract
