Common use of Seizure Clause in Contracts

Seizure. Seizure or foreclosure of any of the properties or assets of the Credit Support Provider pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same; or

Appears in 2 contracts

Samples: Credit Support Agreement, Pledge Agreement

AutoNDA by SimpleDocs

Seizure. Seizure The seizure or foreclosure of any of the properties or assets of Borrower, Acquisition SPV or the Credit Support Provider PMF pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same; or.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (HarbourVest - Origami Structured Solutions L.P.)

Seizure. Seizure or foreclosure of any of the properties or assets of the Credit Support Provider Borrower or any Subsidiary pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same; or;

Appears in 2 contracts

Samples: Term Loan Agreement (Universal Insurance Holdings, Inc.), Revolving Loan Agreement (Universal Insurance Holdings, Inc.)

Seizure. Seizure or foreclosure of any of the properties or assets of the Credit Support Provider Borrower, any Subsidiary or Guarantor pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same; or;

Appears in 2 contracts

Samples: Revolving Loan Agreement (Viggle Inc.), Term Loan Agreement (Viggle Inc.)

AutoNDA by SimpleDocs

Seizure. Seizure or foreclosure of any of the properties or assets of the Credit Support Provider Borrower or Guarantor pursuant to process of law or by respect of legal self-help, and which shall have a Material Adverse Effect, unless said seizure or foreclosure is stayed or bonded in full within sixty (60) days after the occurrence of same; or;

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (SFX Entertainment, INC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!