Lien Created Clause Samples

Lien Created. This Indenture shall operate effectually as (a) a grant of lien on and security interest in, and (b) an assignment of, the Trust Estate.

Lien Created. The operator of a self-service storage facility has a lien on all personal property stored within each leased space for rent, labor or other charges, and for expenses reasonably incurred in its sale, as provided in this Act. The lien attaches as of the date the occupant leases the space. [PL 2011, c. 376, §5 (AMD).]

Lien Created. Developer hereby grants to the City a lien against the Property described in Exhibit A; said lien is intended to guarantee the payment in full of the deferred fees described in Exhibit B, plus the City’s costs of enforcement and collection, including reasonable attorney’s fees, if any.

Lien Created. This Agreement shall operate effectually as (a) a grant of lien on and security interest in, and (b) an assignment of, the Trust Estate.

Lien Created. This Agreement, when recorded, is a lien against the Property that guarantees the payment in full of the Deferred Fees, and the City’s cost of enforcement (including foreclosure) and collection, including attorney’s fees.

Lien Created. This Agreement and the Notes are secured by the assets pledged in favor of the Collateral Agent created with the proceeds of the Notes. All real and personal property held by the Collateral Agent, including notes, mortgages, investments and cash balances, have been pledged hereby and a security interest, lien, charge and encumbrance created in favor of Collateral Agent for the benefit of the Holders. The Company agrees to maintain books and records for the Collateral Agent and to segregate all assets of the Collateral Agent and identify them separately from other assets of the Company. Subject to the provisions of Section 4.06(a) above, the Company agrees to execute and deliver to Collateral Agent a separate collateral assignment in blank in favor of Collateral Agent or its nominee of each note and mortgage (which terms shall include deeds of trust, deeds to secure debt, and other securities instruments) which is pledged by the Company and to execute such other and further 18 - assignments and documents as may be reasonably required by Collateral Agent to evidence the security interest created hereby in favor of Collateral Agent.

Lien Created. The payment of each fine and/or damage charge levied by the Board against the Owner of a Tract is, together with any late charges, interest and all costs of collection, including attorney’s fees, secured by the lien granted to the Association pursuant to Section 4.01(b) of this Covenant. The fine and/or damage charge will be considered an Individual Assessment for the purpose of this Article, and will be enforced in accordance with the terms and provisions governing the enforcement of Assessments pursuant to this Article 4.