Common use of Attachment or Process Clause in Contracts

Attachment or Process. A creditor attaches or takes possession of, or a distress, execution, sequestration or other process is levied or enforced upon or sued out against any of the undertaking, assets, rights or revenues of any Material Group Company valued in excess of £7,500,000 in aggregate or any money judgment, writ or warrant of attachment or similar process valued in excess of £7,500,000 in aggregate shall be entered or filed against any Material Group Company or any of their respective assets and, in each case, it is not discharged within 7 days.