Common use of Undischarged Judgments Clause in Contracts

Undischarged Judgments. one or more judgments for the payment of money in an aggregate amount in excess of U.S.$5,000,000 shall be rendered against the Borrower and the same shall remain undischarged for a period of thirty (30) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower to enforce any such judgment;

Appears in 1 contract

Samples: Transfer Agreement (Blackstone Alternative Alpha Master Fund)

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Undischarged Judgments. one One or more judgments for the payment of money in an aggregate amount in excess of U.S.$5,000,000 $500,000 shall be rendered against the Borrower Company and the same shall remain undischarged and unbonded for a period of thirty (30) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower Company to enforce any such judgment;; or

Appears in 1 contract

Samples: Credit Agreement (Unisource Energy Corp)

Undischarged Judgments. one A final judgment or more judgments in the aggregate for the payment of money in an aggregate amount in excess of U.S.$5,000,000 $25,000.00, shall be rendered against any Co-Borrower or $200,000.00 with respect to the Borrower Guarantor and the same shall remain undischarged for a period of thirty (30) consecutive days during which execution shall not effectively be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower to enforce any such judgment;

Appears in 1 contract

Samples: Line of Credit Agreement (AmREIT, Inc.)

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Undischarged Judgments. one If a judgment or more judgments for the payment of money in an aggregate amount amount, individually or in excess the aggregate, of U.S.$5,000,000 at least One Hundred Thousand Dollars ($100,000) shall be rendered against the Borrower and the same shall remain undischarged unsatisfied and unstayed for a period of thirty ten (3010) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Borrower to enforce any such judgment;more.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Egenera, Inc.)

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