Right of Others definition

Right of Others means, as to any Property in which a Person has an interest, any legal or equitable right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien; provided, however, that (a) no covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person and (b) no provision contained in a contract creating a right of payment or performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others.
Right of Others means, as to any Property in which a Person has an interest, (a) any legal or equitable right, title or other interest (other than a Lien) held by any other Person in or with respect to that Property, and (b) any option or right held by any other Person to acquire any right, title or other interest in or with respect to that Property, including any option or right to acquire a Lien.
Right of Others means, as to any property in which a Person has an interest, any legal or equitable claim or other interest (other than a Lien) in or with respect to that property held by any other Person, and any option or right held by any other Person to acquire any such claim or other interest, including a Lien.

Examples of Right of Others in a sentence

  • The Borrower and each of the Borrower's Subsidiaries conduct their respective businesses without infringement or, to the best of the Borrower's knowledge, claim of infringement of any trademark, trade name, trade secret, service mark, patent, copyright, license or other intellectual property Right of Others, except where such infringement or claim of infringement could not reasonably be expected to have a Material Adverse Effect.

  • The Borrower and each of the Borrower’s Subsidiaries conduct their respective businesses without infringement or, to the best of the Borrower’s knowledge, claim of infringement of any trademark, trade name, trade secret, service xxxx, patent, copyright, license or other intellectual property Right of Others, except where such infringement or claim of infringement could not reasonably be expected to have a Material Adverse Effect.

  • The Borrower and each of its Subsidiaries conduct their respective businesses without infringement or, to the best of the Borrower's knowledge, after Due Inquiry, claim of infringement of any trademark, trade name, trade secret, service xxxx, patent, copyright, license or other intellectual property Right of Others, except where such infringement or claim of infringement would not with reasonable likelihood result in a Material Adverse Effect.

  • The Borrower and each of the Borrower’s Subsidiaries conduct their respective businesses without infringement or, to the best of the Borrower’s knowledge, claim of infringement of any trademark, trade name, trade secret, service mxxx, patent, copyright, license or other intellectual property Right of Others, except where such infringement or claim of infringement could not reasonably be expected to have a Material Adverse Effect.

  • By this letter the undersigned hereby agrees that he shall not create, incur, assume, or suffer to exist any Lien or Right of Others with respect to his direct or indirect interest in Hard Rock Hotel, Inc., a Nevada corporation and Lily Pond Investments, Inc.


More Definitions of Right of Others

Right of Others means, as to any Property in which a Person has an interest, any legal or equitable ownership right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien; provided, however, that (a) any covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person, (b) any provision contained in a contract creating a right of payment or performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right, and (c) any residual rights held by a lessor or vendor of Property, shall not be deemed to constitute a Right of Others.
Right of Others means, as to any Property in which a Person has an interest, any legal or equitable right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, INCLUDING any option or right to acquire a Lien; PROVIDED, however, that (a) no covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person and (b) no provision contained in a contract creating a right of payment or performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others.
Right of Others means, as to any Property in which a Person has an interest, any legal or equitable ownership right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien; provided, however, that
Right of Others means, as to any Property in which a Person has
Right of Others means, with respect to any Property in which a Person has an interest,
Right of Others means, as to any Property in which a Person has an interest, any legal or equitable claim, right, title or other interest (other than a Lien) in or with respect to that Property held by any other Person, and any option or right held by any other Person to acquire any such claim, right, title or other interest, including any option or right to acquire a Lien. "SCC, Inc." means The Sports Club Company, Inc., a Delaware corporation.
Right of Others means, as to any property in which a Person has an interest, any legal or equitable claim or other interest (other than a Lien but including a leasehold interest, a right of first refusal or a right of repossession or removal) in or with respect to such property held by any other Person, and any option or right held by any