Common use of Money Judgment Clause in Contracts

Money Judgment. Judgments or orders for the payment of money (net of any amounts paid by an independent third party insurance company or surety or fully covered by independent third party insurance or surety bond issued by a company with an AM Best rating in one of the two highest categories as to which the relevant insurance company or surety does not dispute coverage) in excess of $150,000,000 individually or in the aggregate or otherwise having a Material Adverse Effect shall be rendered against any Credit Party or any Restricted Subsidiary, and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise); or

Money Judgment. Judgments or Final orders for the payment of money involving in the aggregate at any time a liability (net of any amounts paid by an independent third party insurance company proceeds or surety indemnity payments actually received in respect thereof prior to or fully covered by independent third party insurance within sixty (60) days from the entry thereof, or surety bond issued by a company with an AM Best rating to be received in one of the two highest categories as to which the relevant insurance company or surety does not dispute coverage) in excess of $150,000,000 individually or respect thereof in the aggregate event any appeal thereof shall be unsuccessful) of more than $1,000,000 or that would otherwise having have a Material Adverse Effect Effect, shall be rendered against any Credit Party or any Restricted Subsidiary, and such judgment or order shall continue unsatisfied in accordance with the terms of such judgment or order (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise); or;