Lien Amounts Sample Clauses
The 'Lien Amounts' clause defines the specific sums or obligations that are secured by a lien under an agreement. It typically outlines which debts, payments, or financial responsibilities are covered by the lien, such as outstanding balances, interest, or related costs. By clearly specifying what amounts are protected by the lien, this clause ensures both parties understand the extent of the security interest, thereby reducing disputes and clarifying the scope of the creditor's rights in the event of default.
Lien Amounts. Commencing on the Location Conversion Date and from time to time thereafter during the Term, and subject to the terms and conditions of this Agreement, ▇▇▇▇ will advance to the Company the amount as from time to
Lien Amounts. Commencing on the Location Conversion Date and from time to time thereafter during the Term, and subject to the terms and conditions of this Agreement, ▇▇▇▇ will advance to the Company the amount as from time to time determined hereunder (such amount, the “Lien Amount”), which shall initially equal the Initial Lien Amount and thereafter be adjusted as provided in Section 11.3 below. The Lien Amount will fluctuate from time to time based on the value and volume of the Included Crude Lien Inventory and Included Product Lien Inventory.
Lien Amounts. During the Term, and subject to the terms and conditions of this Agreement and the Monetization Master Agreement, ▇▇▇▇ will advance to the Company:
(a) an amount (the “Feedstock Lien Amount”) that will fluctuate from time to time based on the value and volume of Included Feedstock Lien Inventory that (i) is received by a Transaction Party at each Included Feedstock Lien Location or (ii) constitutes Eligible In-Transit Feedstock Inventory; and
(b) an amount (the “Product Lien Amount” and, together with the Feedstock Lien Amount, the “Lien Amount”) that will fluctuate from time to time based on the value and volume of Included Product Lien Inventory that (i) is received by a Transaction Party at each Included Product Lien Location or (ii) constitutes Eligible In-Transit Product Inventory, in each case, the amount of such Advance to be determined by the Product Groups and quantities set forth on Schedule D to the Monetization Master Agreement; provided, that, at all times, for 4159-0352-3661.14 purposes of determining the Lien Amount for each Product Group, volumes of such Product Group in Included Title Locations shall first be applied against the Maximum Inventory Level for such Product Group prior to volumes of such Product Group in Included Lien Locations.
Lien Amounts. Permit any lien or encumbrance (other than liens for unpaid real estate taxes being contested in good faith).