Common use of OTHER CONTRACTS OR OBLIGATIONS Clause in Contracts

OTHER CONTRACTS OR OBLIGATIONS. Default on any material contract with or obligation when due to a third party or default in the performance of any obligation to a third party incurred for money borrowed. Judgment Entered. Other than as permitted under the definition of “Permitted Liens,” permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower and its subsidiaries.

Appears in 1 contract

Sources: Loan Agreement (Think Partnership Inc)

OTHER CONTRACTS OR OBLIGATIONS. Default on any material contract with or obligation when due to a third party or default in the performance of any obligation to a third party incurred for money borrowed. Judgment EnteredJUDGMENT ENTERED. Other than as permitted under the definition of “Permitted Liens,” permit Permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower and its subsidiariesBorrower.

Appears in 1 contract

Sources: Promissory Note (Emcore Corp)