Transaction Liens definition

Transaction Liens means the Liens on Collateral granted by the Credit Parties under the Security Documents.

Transaction Liens means the Liens granted by the Lien Grantors under the Security Documents.

Transaction Liens means the Liens granted by the Grantors under the Security Documents.

Examples of Transaction Liens in a sentence

• A Pledgor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (ii) of the definition of Excluded Property and/or the comparable provisions of one or more Pledge Agreement Supplements.

• A Pledgor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary or any Equity Interests in any Transparent Subsidiary if and to the extent (but only to the extent) that such Equity Interests are excluded from the Transaction Liens at such time pursuant to clause (ii) and/or clause (iii) of the definition of Excluded Property.

• The Pledgor represents that it has taken, and agrees that it will continue to take, all actions required under the laws (including the conflict of laws rules) of its jurisdiction of organization to ensure that the Transaction Liens on the New Collateral rank prior to all Liens and rights of others therein, except Permitted Liens.7] 7 Include Section 6 if the Pledgor is organized under the laws of a jurisdiction outside the United States.

• Any Modification removed as contemplated in this Section 12.6.4 will, without further act, vest in Lessee, free and clear of Transaction Liens and title to any Part vesting in Lessee will no longer be a Part under this Agreement.

• Termination of Transaction Liens; Release of Collateral 36 SECTION 18.

More Definitions of Transaction Liens

Transaction Liens means the Liens on Collateral granted by the Loan Parties under the Security Documents.

Transaction Liens means the Liens granted by the Pledgors under the Security Documents.

Transaction Liens the Liens on Collateral granted by the Loan Parties under the Security Documents.

Transaction Liens means the Liens granted by the "Lien Grantors" under, and as defined in, any of the Security Documents.

Transaction Liens means the Liens granted by the Grantors under the Collateral Documents.

Transaction Liens means Liens on Collateral granted by the Company and the Subsidiary Guarantors under the Security Documents.

Transaction Liens means Liens imposed by Applicable Law for current Taxes or governmental assessments, charges or claims not yet due and payable (or for current Taxes that may thereafter be paid without penalty or interest), which arise as a consequences of the transactions contemplated by this Agreement and which will be released following payments and filings to be made by Seller as required under this Agreement.