Common use of Unsatisfied Judgment Clause in Contracts

Unsatisfied Judgment. A final, nonappealable judgment by any competent court in the United States of America for the payment of money in an amount in excess of $1,000,000 shall be rendered against any LEAF Party and the same remains undischarged for a period of sixty (60) days after the entry thereof; or

Appears in 3 contracts

Samples: Secured Loan Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Secured Loan Agreement (Lease Equity Appreciation Fund I Lp), Secured Loan Agreement (Lease Equity Appreciation Fund II, L.P.)

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Unsatisfied Judgment. A final, nonappealable judgment by any -------------------- competent court in the United States of America for the payment of money in an amount in excess of $1,000,000 100,000 shall be rendered against any LEAF TFC Party and the same remains undischarged for a period of sixty (60) days after the entry thereof; or

Appears in 1 contract

Samples: Warehouse and Security Agreement (TFC Enterprises Inc)

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