Common use of Writs of Execution Clause in Contracts

Writs of Execution. if writs of execution or attachment or similar process in respect of any judgments or claims which in the aggregate are in excess of the Threshold Amount are entered, commenced or levied against all or a substantial portion of the Property of an Obligor or against any Property which is pledged or charged pursuant to a Pledge, and such writs, execution, attachment or similar processes are not released, bonded, satisfied, discharged, vacated or stayed within 30 days after their entry, commencement or levy;

Appears in 2 contracts

Samples: Assignment and Assumption (Kinder Morgan, Inc.), Assignment and Assumption (Kinder Morgan, Inc.)

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Writs of Execution. if writs of execution or attachment or similar process in respect of any judgments or claims which in the aggregate are in excess of the Threshold Amount are entered, commenced or levied against all or a substantial portion of the Exhibit 10.4 ‑ 108 ‑ Property of an Obligor or against any Property which is pledged or charged pursuant to a Pledge, and such writs, execution, attachment or similar processes are not released, bonded, satisfied, discharged, vacated or stayed within 30 days after their entry, commencement or levy;

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Canada LTD)

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Writs of Execution. if writs of execution or attachment or similar process in respect of any judgments or claims which in the aggregate are in excess of the Threshold Amount are entered, commenced or levied against all or a substantial portion of the Property of an Obligor or against any Property which is pledged or charged pursuant to a Pledge, Borrower Group Member and such writs, execution, attachment or similar processes are not released, bonded, satisfied, discharged, vacated or stayed within 30 days after their entry, commencement or levy;

Appears in 1 contract

Samples: Assignment and Assumption (Kinder Morgan Canada LTD)

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