Common use of Judgments or Orders Clause in Contracts

Judgments or Orders. Any judgments or orders for the payment of money in excess of $1,000,000 in the aggregate shall be entered against any Loan Party by a court having jurisdiction in the premises, which judgment is not discharged, vacated, bonded or stayed pending appeal within a period of thirty (30) days from the date of entry;

Judgments or Orders. Any judgments or orders for the payment of money in excess of $1,000,000 20,000,000 in the aggregate shall be entered against any Loan Party or any Subsidiary of any Loan Party by a court having jurisdiction in the premises, which judgment is not discharged, vacated, bonded or stayed pending appeal within a period of thirty (30) days from the date of entry;; provided, however, that any such judgment or order shall not be an Event of Default under