Monetary Judgment. The Borrower shall suffer any money judgment not covered by insurance, writ or warrant of attachment or similar process involving an amount in excess of $5,000,000.00 and shall not discharge, vacate, bond or stay the same within a period of sixty (60) days. For the avoidance of doubt, a stay shall be deemed to exist when an attachment or execution may not issue with respect to the Project under AS 09.50.270. M. Nonmonetary Judgment. One or more nonmonetary judgments or orders (including, without limitation, injunctions, writs or warrants of attachment, garnishment, execution, distraint, replevin or similar process) shall be rendered against the Borrower that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement