Common use of Money Judgment Clause in Contracts

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 8 contracts

Samples: Loan Agreement (Pinnacle Data Systems Inc), Loan Agreement (Pinnacle Data Systems Inc), Loan Agreement (CRM Holdings, Ltd.)

AutoNDA by SimpleDocs

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower any Company or any Obligor by a court of competent jurisdiction, that which remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired, provided that the aggregate of all such judgments shall exceed Five Hundred Thousand Dollars ($500,000).

Appears in 3 contracts

Samples: Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Holdings Corp), Credit Agreement (Park Ohio Industries Inc)

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower any Company or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired, provided that the aggregate of all such judgments for all such Companies and Obligors shall exceed One Million Dollars ($1,000,000).

Appears in 3 contracts

Samples: Credit Agreement (Davey Tree Expert Co), Credit Agreement (Davey Tree Expert Co), Credit Agreement (Davey Tree Expert Co)

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower or any Obligor by a court of competent jurisdictionjurisdiction in excess of $2,500,000, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 2 contracts

Samples: Loan Agreement (Universal Truckload Services, Inc.), Loan Agreement (Universal Truckload Services, Inc.)

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower any Company or any Obligor by a court of competent jurisdiction, that which remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 1 contract

Samples: Credit and Security Agreement (Telecomm Industries Corp)

Money Judgment. A final judgment or order for the payment of money in an amount in excess of $250,000.00 shall be rendered against Borrower or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty ninety (3090) days after the date on which the right to appeal has expired.

Appears in 1 contract

Samples: Loan Agreement (Anaren Inc)

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed.) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 1 contract

Samples: Loan Agreement (CRM Holdings, Ltd.)

AutoNDA by SimpleDocs

Money Judgment. A final judgment or order for the payment of money shall be rendered against Borrower or and/or any Obligor Guarantor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired, provided that the aggregate of all such judgments for Borrower shall exceed Fifty Thousand Dollars ($50,000).

Appears in 1 contract

Samples: Credit Agreement (Sg Blocks, Inc.)

Money Judgment. A final judgment or order for the payment of money in an amount in excess of $500,000 shall be rendered against Borrower or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 1 contract

Samples: Loan Agreement (Mod Pac Corp)

Money Judgment. A final judgment or order for the payment of money in an amount in excess of $250,000.00 shall be rendered against Borrower or any Obligor by a court of competent jurisdiction, that remains unpaid or unstayed and undischarged for a period (during which execution shall not be effectively stayed) of thirty (30) days after the date on which the right to appeal has expired.

Appears in 1 contract

Samples: Loan Agreement (Anaren Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!