Lien or Other Encumbrance definition

Lien or Other Encumbrance means any lien, pledge, mortgage, security interest, claim, lease, charge, option, right of first refusal, easement, servitude, transfer restriction under any shareholder or similar agreement, encumbrance or any other restriction or limitation whatsoever.
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Lien or Other Encumbrance means, with respect to any asset, any mortgage, lien, pledge, security interest, claim, charge, option, right of first refusal or other encumbrance, restriction or limitation of any kind in respect of such asset.
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Lien or Other Encumbrance. (or "liens or other encumbrances" or "liens or other encumbrance" or "lien or other encumbrances" as the context may require or any similar formulation) means any lien, claim, pledge, mortgage, assessment, security interest, charge, option, right of first refusal, easement, servitude, adverse claim, transfer restriction under any stockholder or similar agreement or other encumbrance of any kind.
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Examples of Lien or Other Encumbrance in a sentence

  • None of such property or assets is subject to any Lien or Other Encumbrance.

  • Purchaser shall, subject to Section2.4 and Section 7.5, pay an aggregate amount equal to the Conditional Purchase Price to [Plaintiff] (on Seller’s behalf) and, if applicable, to, at Purchaser’s sole election, Seller or any creditor of an Unsatisfied Lien or Other Encumbrance, in equal installments within thirty (30) days after each of the first and second annual anniversary of the Closing Date 40Section 2.4(c), 2.4(f) and 2.4(g) (Calculation of Conditional Purchase Price)2.4(c).

  • To the Mortgagor, Any Grantee of the Mortgagor, and Any Other Person Claiming a Lien or Other Encumbrance Upon the Premises: PURSUANT TO NEW HAMPSHIRE RSA 479:25, YOU ARE HEREBY NOTIFIED THAT YOU HAVE A RIGHT TO PETITION THE SUPERIOR COURT FOR THE COUNTY IN WHICH THE MORTGAGED PREMISES ARE SITUATED, WITH SERVICE UPON THE MORTGAGEE, AND UPON SUCH BOND AS THE COURT MAY REQUIRE, TO ENJOIN THE SCHEDULED FORECLOSURE SALE.

  • Title to such real property is, in each case, free and clear of any Lien or Other Encumbrance created or incurred by Coeur d'Alene or Callxxxx, xxcept for those which do not materially detract from the value of, impair the use of, or have a material adverse impact on the title to the Coeur d'Alene Assets or Callxxxx Xxxets subject thereto or on the operations of the Coeur d'Alene Assets or Callxxxx Xxxets as conducted prior to the Suspension Date.

  • The Seller owns all of the Purchased Shares, and such Shares are fully paid and non-assessable, free and clear of any Lien or Other Encumbrance.


More Definitions of Lien or Other Encumbrance

Lien or Other Encumbrance means any lien, pledge, mortgage, security interest, charge, conditional sales contract, option, license right, restriction on transfer or use, or other restriction, reversionary interest, right of first refusal, claim under bailment or storage contract, easement or adverse claim, now existing or that hereafter may come into existence upon the passage of time or the occurrence of any transaction contemplated hereby.
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Lien or Other Encumbrance means any lien, pledge (whether fixed or floating), mortgage, hypothecation, attachment, security interest, lease, charge, conditional sales contract, option, restriction, reversionary interest, deed, deposit arrangement, right of first refusal, voting trust arrangement, preemptive right, claim under bailment or storage contract, easement or any other adverse claim or right whatsoever.
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Lien or Other Encumbrance means any lien, pledge, mortgage, security interest, claim, lease, charge, option, right of first refusal, easement, servitude, transfer restriction under any shareholder or similar agreement or encumbrance.
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Lien or Other Encumbrance means any lien, pledge (whether fixed or floating), mortgage, hypothecation, attachment, security interest, lease, charge, conditional sales contract, option, restriction, reversionary interest, deed, deposit arrangement, right of first refusal, voting trust arrangement, preemptive right, claim under bailment or storage contract, easement or any other adverse claim or right whatsoever, or any obligation, whether written or oral (including any conditional obligation) to create any of the same;
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Lien or Other Encumbrance means any lien, pledge, mortgage, security interest, claim, lease, charge, option, right of first refusal, easement, servitude, transfer restriction under any shareholder or similar agreement or encumbrance. EXHIBIT A
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Lien or Other Encumbrance means any mortgage, lien, pledge, security interest, claim, lease, charge, option, right of first refusal, easement, restrictive covenant or other encumbrance, restriction or limitation other than (i) levies not due and payable, due and payable but not yet delinquent or which are currently being contested in good faith by appropriate proceedings and which are specifically listed in Schedule 5.4(a) attached hereto, (ii) mechanics', workmen's, repairmen's, materialmen's, warehousemen's, vendors' and carriers' liens, and other similar liens arising in the ordinary course of business for charges which are not delinquent, or which are being contested in good faith by appropriate proceedings and have not proceeded to judgment and which are specifically listed in a Schedule attached hereto, and (iii) liens in respect of judgments or awards with respect to which there shall be a good faith current prosecution of an appeal or proceedings for review and with respect to which there shall be secured an appropriate bond or a stay of execution pending such appeal or proceedings for review and which are specifically listed in a Schedule attached hereto.
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Lien or Other Encumbrance means any mortgage, lien (statutory or other), pledge, assignment, deed of trust, hypothecation, adverse claim, charge, security interest, or other encumbrance of any kind or nature, or any interest or title of any vendor, lessor, lender or other secured party under any conditional sale, capital lease, trust receipt or other title retention agreement.
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