Common use of Undischarged Judgments Clause in Contracts

Undischarged Judgments. One or more judgments for the payment of money in an aggregate amount in excess of $500,000 shall be rendered against the Company and the same shall remain undischarged and unbonded for a period of thirty (30) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Company to enforce any such judgment; or

Undischarged Judgments. One If a judgment or more judgments for the payment of money in an aggregate amount amount, individually or in excess the aggregate, of at least One Hundred Thousand Dollars ($500,000 100,000) shall be rendered against the Company Borrower and the same shall remain undischarged unsatisfied and unbonded unstayed for a period of thirty ten (3010) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Company to enforce any such judgment; ormore.

Undischarged Judgments. One one or more judgments for the payment of money in an aggregate amount in excess of $500,000 U.S.$5,000,000 shall be rendered against the Company Borrower and the same shall remain undischarged and unbonded for a period of thirty (30) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Company Borrower to enforce any such judgment; or;

Undischarged Judgments. One A final judgment or more judgments in the aggregate for the payment of money in an aggregate amount in excess of $500,000 25,000.00, shall be rendered against any Co-Borrower or $200,000.00 with respect to the Company Guarantor and the same shall remain undischarged and unbonded for a period of thirty (30) consecutive days during which execution shall not effectively be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Company to enforce any such judgment; or;