Encumbered Property definition

Encumbered Property or “Encumbered Properties” shall mean a Property or Properties encumbered by a security interest, mortgage or any other Lien upon or charge against or interest in the property to secure payment of a debt or performance of an obligation.

Examples of Encumbered Property in a sentence

  • Bridge cross sections and vehicle positions are pre- sented to aid interpretation only and are not to scale.This difference in magnitude is discussed further in the Ana- lytical Evaluation section.At 90 lb/in2 interlaminar compression, the magnitude and location of the maximum measured deflections changed slightly from those measured at the 40 lb/in2 level.

  • If an Event of Default shall occur and be continuing, the Mortgagee, upon application to a court of competent jurisdiction, shall be entitled as a matter of right to the appointment of a receiver to take possession of and to operate the Encumbered Property and to collect and apply the Rents.

  • The receiver shall have all of the rights and powers permitted under the laws of the state wherein the Encumbered Property is located.

  • The Mortgagor will cause this Mortgage, any other security instrument creating a security interest in or evidencing the lien hereof upon the Encumbered Property and each instrument of further assurance to be filed, registered or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and to protect fully the liens and security interests of the Mortgagee hereby granted in and upon the Encumbered Property.

  • While a catalytic element can be present at each stage; there seems to be agreement that a „catalytic effect‟ often takes place somewhere at the end of one‟s intervention – and at the beginning of someone else‟s intervention, moving from the micro to the macro level.


More Definitions of Encumbered Property

Encumbered Property has the meaning specified in Section 7.01.
Encumbered Property means the real property (including all improvements, buildings, fixtures, building equipment and personal property thereon and all additions, alterations and replacements made at any time with respect to the foregoing) and all other collateral securing repayment of the debt comprised in a Mortgage Loan, or, in the case of any Mezzanine Loan, the Equity Interests and the real property related thereto.
Encumbered Property means, individually or collectively, as the context may require, each of the properties listed on Schedule A-2, including each of the Properties securing the Mortgage Loan or otherwise owned by the Mortgage Loan Property Owner, as modified from time to time to reflect any Transfer permitted pursuant to Section 2.2.
Encumbered Property means all property,
Encumbered Property means (but excluding any and all [Excluded Property]):
Encumbered Property has the meaning set forth in the Security Documents.
Encumbered Property has the meaning ascribed to it in the Granting Clauses.