Common use of Undischarged Final Judgment Clause in Contracts

Undischarged Final Judgment. If any final judgment or judgments, or any levy, sequestration, or attachment, which in the aggregate exceed $10,000 against Borrower its property, remains, unpaid, undischarged, unsatisfied, unbonded or undismissed, and the Borrower shall not pay, discharge, satisfy, bond, or have dismissed the same or cause payment, discharge, satisfaction, bonding, or dismissal within forty-five (45) days from the entry of judgment, imposition of levy, sequestration or attachment, or shall not appeal such action.

Appears in 3 contracts

Samples: Senior Loan Agreement, Subordinate Loan Agreement, Senior Loan Agreement

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Undischarged Final Judgment. If any final judgment or judgments, or any levy, sequestration, or attachment, which in the aggregate exceed $10,000 against Borrower its property, remains, unpaid, undischarged, unsatisfied, unbonded or undismissed, and the Borrower shall not pay, discharge, satisfy, bond, or have dismissed the same or cause payment, discharge, satisfaction, bonding, or dismissal within forty-five (45) days from the entry of judgment, imposition of levyxxxx, sequestration or attachment, or shall not appeal such action.

Appears in 1 contract

Samples: Senior Loan Agreement

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