Common use of Restraint of Business Clause in Contracts

Restraint of Business. The entry of any uninsured judgment against the Borrower, in excess of $5,000,000.00, individually or in the aggregate, which judgment is not satisfied (if a money judgment) or appealed from (with execution or similar process stayed) within thirty (30) days of its entry.

Appears in 3 contracts

Samples: Loan and Security Agreement (Aeropostale Inc), Loan and Security Agreement, Loan and Security Agreement (Aeropostale Inc)

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Restraint of Business. The entry of any uninsured judgment against the Borrower, in excess of $5,000,000.001,000,000.00, individually or in the aggregate, which judgment is not satisfied (if a money judgment) or appealed from (with execution or similar process stayed) within thirty (30) days of its entry.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aeropostale Inc), Loan and Security Agreement (Aeropostale Inc)

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Restraint of Business. The entry of any uninsured post-petition judgment against the Borrower, in excess of $5,000,000.00500,000, individually or in the aggregate, which judgment is not satisfied (if a money judgment) or appealed from (with execution or similar process stayed) within thirty (30) days of its entry, during which execution shall not be effectively stayed or subject to the Automatic Stay.

Appears in 1 contract

Samples: Secured Superpriority Debtor in Possession Loan, Security and Guaranty Agreement (Aeropostale Inc)

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