Encumbrances or Liens Sample Clauses

Encumbrances or Liens. Customer will not pledge, encumber, create a security interest in, permit any levy, writ or lien, or suffer an involuntary transfer of Customer’s interest in this Contract by operation of law. Customer will immediately notify BigRentz of any liens or other encumbrances, threatened or actual, of which Customer has knowledge. Customer will promptly pay or satisfy any obligation from which any lien or encumbrance arises and will otherwise keep Equipment and all title and interest free of any liens and encumbrances. Customer will deliver to BigRentz appropriate satisfactions, waivers, or evidence of payment. BigRentz shall have all rights under applicable law to file a preliminary notice to secure any lien rights and all rights to obtain a lien for non-payment.
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Encumbrances or Liens. There are no pending or Threatened Liens of any nature, resulting from, or arising under or pursuant to any Environmental and Safety Requirement, with respect to or affecting any Real Property or any other properties or assets (whether real, personal or mixed) in which any Seller has or had an interest.
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Encumbrances or Liens. Production Co. shall not pledge, encumber, create a security interest in or permit any lien related to Production Co.’s use or possession to become effective on any Equipment. If any of these events takes place, Production Co. shall be deemed to be in default hereof, at the option of Paramount and Production Co. shall still be required to obtain the immediate release of such lien or encumbrance. Production Co. shall promptly notify Paramount of any liens, charges or other encumbrances of which Production Co. has knowledge. Production Co. shall promptly pay or satisfy any obligation from which any lien or encumbrance arises related to Production Co.’s use or possession, and shall otherwise keep the Equipment and all right, title and interest thereof free and clear of all liens, charges, and encumbrances. Production Co. shall deliver to Paramount appropriate satisfactions, waivers or evidence of payment.
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Encumbrances or Liens. 17.1 Lessee shall not, without the prior written consent of Lessor, pledge, encumber, create a security interest in or permit any lien to become effective on any item of the Equipment, and Lessee shall promptly notify Lessor of any liens, charges or other encumbrances affecting the Equipment of which Lessee has knowledge. Lessee shall keep the Equipment and all right, title and interest therein free and clear of all liens, charges and encumbrances other than the interest of Lessor.
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Related to Encumbrances or Liens

  • ENCUMBRANCES/LIENS The Contractor shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with the UNDP against any monies due or to become due for any work done or materials furnished under this Contract, or by reason of any other claim or demand against the Contractor.

  • ENCUMBRANCES AND LIENS The Contractor shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with UNDP against any monies due to the Contractor or that may become due for any work done or against any goods supplied or materials furnished under the Contract, or by reason of any other claim or demand against the Contractor or UNDP.

  • Encumbrance Create, incur, allow, or suffer any Lien on any of its property, or assign or convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, permit any Collateral not to be subject to the first priority security interest granted herein, or enter into any agreement, document, instrument or other arrangement (except with or in favor of Bank) with any Person which directly or indirectly prohibits or has the effect of prohibiting Borrower or any Subsidiary from assigning, mortgaging, pledging, granting a security interest in or upon, or encumbering any of Borrower’s or any Subsidiary’s Intellectual Property, except as is otherwise permitted in Section 7.1 hereof and the definition of “Permitted Liens” herein.

  • LIENS; ENCUMBRANCES Borrower acknowledges that, to the extent provided in Section 21, the grant, creation or existence of any mortgage, deed of trust, deed to secure debt, security interest or other lien or encumbrance (a "Lien") on the Mortgaged Property (other than the lien of this Instrument) or on certain ownership interests in Borrower, whether voluntary, involuntary or by operation of law, and whether or not such Lien has priority over the lien of this Instrument, is a "Transfer" which constitutes an Event of Default and subjects Borrower to personal liability under the Note.

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

  • Permitted Encumbrances The term “Permitted Encumbrances” shall mean:

  • Encumbrances Create, incur, assume or suffer to exist any Lien with respect to any of its property, or assign or otherwise convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens.

  • No Liens or Encumbrances Company's title to and ownership of Company-Owned Interconnection Facilities that were designed and constructed by Seller and/or its Contractors shall be free and clear of liens and encumbrances.

  • Taxes; Encumbrances At its option, the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security interests or other encumbrances at any time levied or placed on the Collateral and not permitted pursuant to Section 6.02 of the Credit Agreement, and may pay for the maintenance and preservation of the Collateral to the extent any Grantor fails to do so as required by the Credit Agreement or this Agreement, and each Grantor jointly and severally agrees to reimburse the Collateral Agent on demand for any payment made or any expense incurred by the Collateral Agent pursuant to the foregoing authorization; provided, however, that nothing in this Section 4.06 shall be interpreted as excusing any Grantor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or other promises of any Grantor with respect to taxes, assessments, charges, fees, liens, security interests or other encumbrances and maintenance as set forth herein or in the other Loan Documents.

  • Permitted Liens Create or suffer to exist any Lien upon any of its Property, except the following (collectively, “Permitted Liens”):

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