Common use of Third Party Claim Clause in Contracts

Third Party Claim. If all or a material portion of Borrower's assets are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any Judicial Officer or Assignee;

Appears in 5 contracts

Sources: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.), Loan and Security Agreement (Stratus Services Group Inc), Loan and Security Agreement (Intervisual Books Inc /Ca)

Third Party Claim. If all or a material portion of Borrower's ’s assets are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any Judicial Officer or Assignee;

Appears in 2 contracts

Sources: Loan and Security Agreement (Wellgistics Health, Inc.), Loan and Security Agreement (Wellgistics Health, Inc.)

Third Party Claim. If all any or a material portion of Borrower's assets are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any Judicial Officer or Assignee;

Appears in 1 contract

Sources: Loan and Security Agreement (Celtic Investment Inc)