Common use of Levy Clause in Contracts

Levy. The levy against the Property or any part thereof, or against any significant portion of Borrower’s or any other Obligated Party’s other property, of any execution, garnishment, attachment, sequestration or other writ or similar proceeding which is not permanently dismissed or discharged within sixty (60) days after the levy.

Appears in 2 contracts

Samples: Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc)

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Levy. The levy against the Property or any part thereof, or against any significant portion of Borrower’s the property of Borrower or any of its Subsidiaries or other Obligated Party’s other propertyGuarantors, of or any execution, garnishment, attachment, sequestration sequestration, or other writ or similar proceeding which is not permanently dismissed or discharged within sixty (60) 90 days after the levy.;

Appears in 1 contract

Samples: Loan Agreement (Powell Industries Inc)

Levy. The levy against the Property or any part thereof, or against any significant portion of Borrower’s the property of Borrower or any other Obligated Party’s other property, of its Subsidiaries or any execution, garnishment, attachment, sequestration sequestration, or other writ or similar proceeding which is not permanently dismissed or discharged within sixty (60) 90 days after the levy.levy in each case with respect to property having a value of at least $500,000;

Appears in 1 contract

Samples: Loan Agreement (Mattress Holding Corp.)

Levy. The levy against the Property or any part thereof, or against any significant portion of the property of Borrower’s , or any other Obligated Party’s other property, of any execution, garnishment, attachment, sequestration sequestration, or other writ or similar proceeding which is not permanently dismissed or discharged within sixty (60) 90 days after the levy.;

Appears in 1 contract

Samples: Loan Agreement (Hartman Commercial Properties Reit)

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Levy. The levy against the Mortgaged Property or any part thereof, or against any significant portion of Borrower’s or any other Obligated Party’s other property, of any execution, garnishment, attachment, sequestration or other writ or similar proceeding which is not permanently dismissed or discharged within sixty thirty (6030) days after the levy.

Appears in 1 contract

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

Levy. The levy against the Property or any part thereof, or against any significant portion of Borrower’s or any other Obligated Party’s other property, of any execution, garnishment, attachment, sequestration or other writ or similar proceeding which is not permanently dismissed or discharged within sixty (60) days after the levy.. Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (Innovative Food Holdings Inc)

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