Undischarged Judgment. Final Judgment or judgments in the aggregate, that might be or give rise to Liens on any property of any Borrower, any of its respective Subsidiaries or any other Loan Party for the payment of money in excess of $5,000,000.00 shall be rendered against any Borrower, any of its respective Subsidiaries or any other Loan Party, and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; or
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Samples: Pledge Agreement (Southern Union Co)
Undischarged Judgment. Final Judgment or final judgments in the aggregate, that might be or give rise to Liens on any property of any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party Subsidiary, for the payment of money in excess of $5,000,000.00 shall be rendered against any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party, Subsidiary and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; or
Appears in 1 contract
Samples: Credit Agreement (Southern Union Co)
Undischarged Judgment. Final Judgment judgment or judgments in the aggregate, that might be or give rise to Liens on any property of any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party Subsidiary, for the payment of money in excess of $5,000,000.00 10,000,000.00 shall be rendered against any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party, Subsidiary and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; orstayed by an unexhausted appeal process, which causes the applicable judgment or judgments to not be final and non-appealable.
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Undischarged Judgment. Final Judgment judgment or judgments in the aggregate, that might be or give rise to Liens on any property of the Borrower or any Subsidiary of the Borrower, any of its respective Subsidiaries or any other Loan Party for the payment of money in excess of $5,000,000.00 25,000,000.00 shall be rendered against any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party, Subsidiary of the Borrower and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; orstayed by an unexhausted appeal process, which causes the applicable judgment or judgments to not be final and non-appealable.
Appears in 1 contract
Samples: Credit Agreement (Southern Union Co)
Undischarged Judgment. Final Judgment or judgments in the aggregate, that might be or give rise to Liens on any property of any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party Subsidiary, for the payment of money in excess of $5,000,000.00 shall be rendered against any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party, Subsidiary and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; or.
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Undischarged Judgment. Final Judgment judgment or judgments in the aggregate, that might be or give rise to Liens on any property Property of the Borrower or any Subsidiary of the Borrower, any of its respective Subsidiaries or any other Loan Party for the payment of money in excess of $5,000,000.00 25,000,000 shall be rendered against any Borrower, any of its respective Subsidiaries the Borrower or any other Loan Party, Subsidiary of the Borrower and the same shall remain undischarged for a period of thirty (30) days during which execution shall not be effectively stayed; orstayed by an unexhausted appeal process, which causes the applicable judgment or judgments to not be final and non-appealable.
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