Common use of Levy or Attachment Clause in Contracts

Levy or Attachment. Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant or is levied upon, or comes into the possession of any judicial officer or assignee;

Appears in 13 contracts

Sources: Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.), Loan Agreement (Versadial, Inc.)

Levy or Attachment. Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant warrant, or is levied upon, or comes into the possession of any judicial officer or assigneeofficer;

Appears in 5 contracts

Sources: Loan and Security Agreement (Ct Holdings Inc), Loan and Security Agreement (Eip Microwave Inc), Loan and Security Agreement (International Food & Beverage Inc /De/)

Levy or Attachment. Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant warrant, or is levied upon, or comes into the possession of any judicial officer or assignee;

Appears in 2 contracts

Sources: Loan and Security Agreement (Tristar Corp), Loan and Security Agreement (Tristar Corp)

Levy or Attachment. Any material portion of Borrower's ’s assets is attached, seized, subjected to a writ or distress warrant or is levied upon, or comes into the possession of any judicial officer or assignee;

Appears in 2 contracts

Sources: Loan and Security Agreement (Corporate Resource Services, Inc.), Loan and Security Agreement (Teamstaff Inc)

Levy or Attachment. Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant or is levied upon, or comes into the possession of any judicial officer or assignee;; Optical Cable – Loan and Security Agreement – EXECUTION VERSION

Appears in 1 contract

Sources: Loan and Security Agreement (Optical Cable Corp)

Levy or Attachment. Any If any material portion of Borrower's assets is attached, seized, subjected subject to a writ or distress warrant or is levied upon, upon or comes into the possession of any judicial officer or assignee;.

Appears in 1 contract

Sources: Loan Agreement (Telehub Technologies Corp)

Levy or Attachment. Any material portion of either Borrower's ’s assets is attached, seized, subjected to a writ or distress warrant warrant, or is levied upon, or comes into the possession of any judicial officer or assignee;officer.

Appears in 1 contract

Sources: Loan and Security Agreement (Transcat Inc)

Levy or Attachment. Any Subject to the terms of the last paragraph of this Section 8, any material portion of Borrower's ’s assets is attached, seized, subjected to a writ or distress warrant or is levied upon, or comes into the possession of any judicial officer or assignee;

Appears in 1 contract

Sources: Loan and Security Agreement (Polar Power, Inc.)

Levy or Attachment. Any A material portion of Borrower's assets is are attached, seized, subjected to a writ or distress warrant warrant, or is levied upon, or comes come into the possession of any judicial officer or assignee;officer.

Appears in 1 contract

Sources: Loan and Security Agreement (Centrum Industries Inc)

Levy or Attachment. Any material portion of Borrower's assets is attached, seized, subjected to a writ or distress warrant or is levied upon, or comes into the possession of any judicial officer or assignee;

Appears in 1 contract

Sources: Loan and Security Agreement (Windswept Environmental Group Inc)