Common use of Restraint of Business Clause in Contracts

Restraint of Business. The service of process upon the Agent or any Revolving Credit Lender or any Participant seeking to attach, by trustee, mesne, or other process, any funds of the Borrower, in an amount in excess of $200,000, on deposit with, or assets of the Borrower in the possession of, the Agent or that Revolving Credit Lender or such Participant.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

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Restraint of Business. The service of process upon the Agent or Agent, any Revolving Credit Lender or any Term Loan Lender or any Participant seeking to attach, by trustee, mesne, or other process, any funds of the Borrower, in an amount in excess of $200,000, Borrower on deposit with, or assets of the Borrower in the possession of, the Agent or Agent, that Revolving Credit Lender, that Term Loan Lender or such Participant, which funds or other assets are valued at $2,500,000 or greater.

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

Restraint of Business. The service of process upon the Agent or Agent, any Revolving Credit Lender or any Term Loan Lender or any Participant seeking to attach, by trustee, mesne, or other process, any funds of the Borrower, in an amount in excess of $200,000, Borrower on deposit with, or assets of the Borrower in the possession of, the Agent or Agent, that Revolving Credit Lender, that Term Loan Lender or such Participant, which funds or other assets are valued at $1,000,000 or greater.

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

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Restraint of Business. The service of process upon the Agent or any Revolving Credit Lender or any Participant seeking to attach, by trustee, mesne, or other process, any funds of the Borrower, in an amount in excess of $200,000, Borrower on deposit with, or assets of the Borrower in the possession of, the Agent or that Revolving Credit Lender or such Participant, which funds or other assets are valued at $1,000,000 or greater.

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

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