Common use of Impoundment; Liens or Encumbrances Clause in Contracts

Impoundment; Liens or Encumbrances. The Government shall ensure that neither the Grant nor any asset acquired with Grant funding is at any time subject to any impoundment, rescission, sequestration, liquidation, lien, attachment, enforcement of judgment, pledge, or encumbrance of any kind (each, a “Lien”), except with MCC’s prior written approval. In the event any Lien is nonetheless imposed, the Government shall promptly seek the release of such Lien and, if such Lien is imposed by a final non-appealable court order, shall pay any amounts due in order to obtain such release; provided, however, that the Government may not apply any portion of the Grant, including any proceeds thereof or Program Assets, to satisfy any of its obligations under this Section 3.2(f); and provided, further, that nothing in this Section 3.2(f) shall be deemed to waive any immunities enjoyed by the Government under international law.

Impoundment; Liens or Encumbrances. The Government shall agrees to ensure that neither the Grant nor any asset acquired with Grant funding is at any time subject to any impoundment, rescission, sequestration, liquidation, lien, attachment, enforcement of judgment, pledge, or encumbrance of any kind (each, each a “Lien”), except with MCC’s prior written approval. In the event any Lien is nonetheless imposed, the Government shall agrees to promptly seek the release of such Lien and, if such Lien is imposed by a final non-appealable court order, shall agrees to pay any amounts due in order to obtain such release; provided, however, that the Government may not apply any portion of the Grant, including any proceeds thereof or Program Assets, to satisfy any of its obligations under this Section 3.2(f); and provided, further, that nothing in this Section 3.2(f) shall be deemed to waive any immunities enjoyed by the Government under international law.