Common use of Payment of Judgments Clause in Contracts

Payment of Judgments. Borrowers fail to pay any money judgment in excess of $50,000 against them or their assets at least ten days prior to the date on which any of Borrowers’ Property may be sold to satisfy such judgment.

Payment of Judgments. Borrowers Borrower shall fail to pay any money judgment -------------------- in excess of $50,000 against them it or their its assets at least ten days prior to the date on which any of Borrowers’ Property Borrower's assets may be sold lawfully to satisfy such judgment.