Encumbrances definition

Encumbrances means any mortgages, pledges, liens, security interests, conditional and installment sale agreements, activity and use limitations, conservation easements, deed restrictions, encumbrances and charges of any kind.

Encumbrances means all liens, encumbrances, mortgages, pledges, security interests, conditional sales agreements, charges, options, preemptive rights, rights of first refusal, reservations, restrictions or other encumbrances or defects in title.

Encumbrances means any encumbrance of any kind whatever and includes any pledge, lien, charge, security interest, lease, title retention agreement, mortgage, hypothec, restriction, royalty, right of first refusal, development or similar agreement, option or adverse claim or encumbrance of any kind or character whatsoever or howsoever arising, and any right or privilege capable of becoming any of the foregoing;

Examples of Encumbrances in a sentence

• On and subject to the terms and conditions of this Agreement, at the Closing on the Closing Date and effective as of the Effective Time, Illinois-American shall purchase, acquire and accept from Tolono, and Tolono shall sell, convey, transfer, assign and deliver to Illinois-American, free and clear of all Encumbrances, the Acquired Assets.

• In accordance with and subject to the terms and conditions of this Agreement, Seller hereby agrees to sell and deliver to Xxxxx, and Xxxxx hereby agrees to buy and accept from Seller, all right, title and interest in and to the Aircraft free and clear of all Encumbrances.

• Seller hereby warrants to Buyer, its successors and assigns, that Seller is the sole owner and holder of all good, legal, valid and beneficial title to the Aircraft and that there is hereby conveyed to Buyer on the date hereof good, legal, valid and beneficial title to the Aircraft free and clear of all Encumbrances and that Seller shall defend such title against all claims and demands whatsoever and forever.

• The County shall not directly or indirectly create, incur, assume or suffer to exist any mortgage, pledge, lien, charge, encumbrance or claim on or with respect to the Leased Property, or the rights of the County and the Authority as herein provided, other than Permitted Encumbrances.

• Except for the equipment subject to the Meter Lease referenced in Section 2.5(a)(vii), Tolono has clear, good, and marketable title to, or a valid leasehold interest in, all of the Acquired Assets, free and clear of all Encumbrances.

More Definitions of Encumbrances

Encumbrances means any claims, liens, encumbrances, pledges, easements, servitudes, mortgages, deeds of trust, security interests, options, charges or similar rights of any Person, other than the owner of the asset, of any kind whatsoever against the asset.

Encumbrances means any lien, mortgage, security interest, pledge, restriction on transferability, defect of title or other claim, charge or encumbrance of any nature whatsoever on any property or property interest.

Encumbrances means any and all liens, charges, security interests, options, claims, mortgages, pledges, proxies, voting trusts or agreements, obligations, understandings or arrangements or other restrictions on title or transfer of any nature whatsoever.

Encumbrances means any security or other property interest or right, claim, lien, pledge, option, charge, security interest, contingent or conditional sale, or other title claim or retention agreement, interest or other right or claim of third parties, whether perfected or not perfected, voluntarily incurred or arising by operation of law, and including any agreement (other than this Agreement) to grant or submit to any of the foregoing in the future.

Encumbrances means any encumbrance such as mortgage, charge, pledge, lien, hypothecation , security interest, assignment, privilege or priority of any kind having the effect of security or other such obligations and shall include without limitation any designation of loss payees or beneficiaries or any similar arrangement under any insurance policy pertaining to the Project, physical encumbrances, claims for any amounts due on account of taxes, cesses, electricity, water and other utility charges and encroachments on the Project Site / Project Facilities.

Encumbrances means all interests, mortgages, charges, royalties, security interests, liens, encumbrances, actions, claims, demands and equities of any nature whatsoever or however arising and any rights or privileges capable of becoming any of the foregoing;

Encumbrances means any mortgages, pledges, liens, security interests, charges, claims, equitable interests, infringements of a third party patent, copyrights, trade secrets or other intellectual property rights, restrictions on transfer, conditional sales or other title retention devices or arrangements (including a capital lease), or restrictions on the creation of any of the foregoing, whether relating to any property or right or the income or profits therefrom.