Common use of Monetary Judgment Clause in Contracts

Monetary Judgment. The Borrower shall suffer any money judgment not covered by insurance, writ or warrant of attachment or similar process involving an amount in excess of $500,000 and shall not discharge, vacate, bond or stay the same within a period of sixty (60) days.

Appears in 2 contracts

Samples: Revolving Line of Credit Agreement (Chugach Electric Association Inc), Revolving Line of Credit Agreement (Chugach Electric Association Inc)

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Monetary Judgment. The Borrower shall suffer any money judgment not covered by insurance, writ or warrant of attachment or similar process involving an amount in excess of $500,000 500,000.00 and shall not discharge, vacate, bond or stay the same within a period of sixty (60) consecutive days.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Chugach Electric Association Inc)

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Monetary Judgment. The Borrower Debtor shall suffer any post-petition money judgment not covered by insurance, writ or warrant of attachment or similar process involving an amount in excess of $500,000 100,000 and shall not discharge, vacate, bond or stay the same within a period of sixty (60) days.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement

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