Common use of Levy or Attachment Clause in Contracts

Levy or Attachment. More than $150,000 of Borrowers’ or any Guarantor’s assets are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any judicial officer.

Appears in 2 contracts

Sources: Loan and Security Agreement (Hightimes Holding Corp.), Loan and Security Agreement (Origo Acquisition Corp)

Levy or Attachment. More than $150,000 100,000 of Borrowers’ either a Borrower's or any Guarantor’s assets are attached, seized, subjected to a writ or distress warrant, or are levied upon, or come into the possession of any judicial officer.

Appears in 1 contract

Sources: Loan and Security Agreement (American BioCare, Inc.)