Common use of Seizure of Assets Clause in Contracts

Seizure of Assets. All or substantially all of such Member's assets, or the assets of an Affiliate of such Member that has provided an Affiliate Loan Guarantee, or such Member's Membership Interest, or any part of such Member's Membership Interest is assigned following their attachment, execution or other judicial seizure thereof, excluding any such attachment, execution or other judicial seizure that results from a lender to Member Newco exercising its rights under a guaranty;

Appears in 2 contracts

Samples: Master Transaction Agreement (CBL & Associates Properties Inc), Limited Liability Company Agreement (CBL & Associates Properties Inc)

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Seizure of Assets. All or substantially all of such Member's assets, or the assets of an Affiliate of such Member that has provided an Affiliate Loan Guarantee, or such Member's Membership Interest, or any part of such Member's Membership Interest is assigned following their attachment, execution or other judicial seizure thereof, excluding any such attachment, execution or other judicial seizure that results from a lender to Member Newco exercising its rights under a guaranty;

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL & Associates Properties Inc)

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Seizure of Assets. All or substantially all of such Member's ’s assets, or the assets of an Affiliate of such Member that has provided an Affiliate Loan Guarantee, or such Member's ’s Membership Interest, or any part of such Member's ’s Membership Interest is assigned following their attachment, execution or other judicial seizure thereof, excluding any such attachment, execution or other judicial seizure that results from a lender to Member Newco exercising its rights under a guaranty;

Appears in 1 contract

Samples: Limited Liability Company Agreement (CBL/Regency I, LLC)

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