Bank Liens definition

Bank Liens means Liens in favor of the Lender, securing all or any portion of the Obligations, including, but not limited to, Rights in any Collateral created in favor of the Lender, whether by mortgage, pledge, hypothecation, assignment, transfer or other granting or creation of Liens.

Bank Liens means any Liens granted by any Contributor to the Guaranty Bank.

Bank Liens means such liens and other security interest in favor of Bridge Bank, N.A. pursuant to the Loan and Security Agreement, dated August 4, 2006, by and between Bridge Bank, N.A. and the Company.

Examples of Bank Liens in a sentence

• Other than the Permitted Liens, Borrower will not create, incur, assume or permit to exist, arise or attach any Lien in any present or future asset, except for Liens to Bank, Liens existing on the date of this Agreement which have been disclosed to and approved by Bank and Liens imposed by law which secure amounts not at the time due and payable.

• Unfortunately, the campaign was tainted by a high number of attacks on party offices and serious incidents of physical attacks, some resulting in fatalities.

• The Company or one of its Subsidiaries (as the case may be) owns all Personal Property owned by it as of the date of this Agreement, whether or not reflected in the Company Balance Sheet, in each case free and clear of all Liens, except for the Silicon Valley Bank Liens.

• The Debtor will advise the Secured Party promptly, in reasonable detail, at its address set forth in the Loan Agreement, (i) of any Lien (other than Bank Liens created hereby or permitted under the Loan Agreement) on, or claim asserted against, any of the Collateral and (ii) of the occurrence of any other event which could reasonably be expected to have a material adverse effect on the aggregate value of the Collateral or on the Bank Liens created hereunder.

• The Company and each Subsidiary (as the case may be) has a valid leasehold interest in each Real Property Lease held by it as of the date of this Agreement, in each case free and clear of all Liens, except for the Silicon Valley Bank Liens.

More Definitions of Bank Liens

Bank Liens means the Liens encumbering any of the assets or properties of the Company granted in connection with the Bank Loans.

Bank Liens means the Liens set forth on Schedule 1.1(a). “Benefit Plan” has the meaning assigned to such term in Section 3.11(a). “Binder Agreement” has the meaning assigned to such term in Section 4.13. “Business Day” means any day that is not a Saturday, a Sunday or other day on which commercial banks in New York, New York are required or authorized by Law to be closed. “Business Employee” means, with respect to any Person, an officer or employee of such Person and any individuals engaged by such Person through a professional employment organization. “Buyer Released Parties” has the meaning assigned to such term in Section 5.10(b). “Buyer Releasing Parties” has the meaning assigned to such term in Section 5.10(b). “Buyer Tax Act” means an action by Parent, the Surviving Corporation or any of the Subsidiaries of the Surviving Corporation (or any of their Affiliates) occurring after the Closing on (or effective as of or prior to) the Closing Date that is not in the Ordinary Course of Business and not expressly permitted by this Agreement. “Bylaws” means the Bylaws of the Company. “California Courts” has the meaning assigned to such term in Section 11.2(b). “Cancelled Shares” has the meaning assigned to such term in Section 2.6(a).

Bank Liens means Liens in favor of Lender, securing all or any portion of the Obligation, including, but not limited to, Rights in any Collateral created in favor of Lender, whether by mortgage, pledge, hypothecation, assignment, transfer or other granting or creation of Liens.

Bank Liens means customary rights of set off, banker’s lien, revocation, refund or chargeback or similar rights under deposit disbursement, concentration account agreements or under the UCC (or comparable foreign law) or arising by operation of law of banks or other financial institutions where the Lead Borrower or any of its Subsidiaries maintains deposit, disbursement or concentration accounts. Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent as the Published Rate, as adjusted for any additional costs pursuant to Section 4.8.5 [Additional Reserve Requirements]. Notwithstanding the foregoing, if the Daily LIBOR Rate as determined above would be less than zero (0.00one hundred (100) basis points (1.00%), such rate shall be deemed to be zero (0.00one hundred (100) basis points (1.00%) for purposes of this Agreement. Debtor Relief Laws means the Bankruptcy Code of the United States of America, the Bankruptcy and Insolvency Act (Canada), the Companies’ Creditors Arrangement Act (Canada), the Winding Up and Restructuring Act (Canada), and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect. Defaulting Lender means any Lender that (a) has failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or Swing Loans or (iii) pay over to the Administrative Agent, the Issuing Lender, the Swing Loan Lender or any Lender any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender's good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Lead Borrower or the Administrative Agent in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender's good faith determination that a condition precedent (specifically identified and including the particular default, i...

Bank Liens means all Liens established pursuant to the terms of the Congress Loan Facility.

Bank Liens means Liens in favor of Administrative Agent, L/C Issuer or any Lender securing all or any of the Obligations, including, but not limited to, rights in any Collateral created in favor of Administrative Agent, L/C Issuer or any Lender, whether by mortgage, pledge, hypothecation, assignment, transfer, or other granting or creation of Liens.

Bank Liens means any liens or other encumbrances granted by Seller to lenders affecting the Business or any of the Assets.