Encumbrance definition

Encumbrance means any charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise of any other attribute of ownership.

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Encumbrance means any lien, security interest, pledge, mortgage, easement, leasehold, assessment, tax, covenant, restriction, reservation, conditional sale, prior assignment, or any other encumbrance, claim, burden or charge of any nature whatsoever.

Encumbrance means any security interest, pledge, mortgage, lien (including, without limitation, environmental and tax liens), charge, encumbrance, adverse claim, preferential arrangement or restriction of any kind, including, without limitation, any restriction on the use, voting, transfer, receipt of income or other exercise of any attributes of ownership.

Examples of Encumbrance in a sentence

• Upon delivery to the Buyer of the Acquired Interests at the Closing, the Buyer, shall acquire good, valid and marketable title to the Acquired Interests, free and clear of any Encumbrance other than Encumbrances created by the Buyer or its Affiliates or restrictions arising under applicable securities Laws.

• As of the date hereof and as of immediately prior to the Closing, the Seller directly or indirectly owns and will own all Outstanding Equity, free and clear of any Encumbrance, other than Permitted Encumbrances.

• On the Closing Date, the Purchaser will acquire from the Sellers the full, exclusive and irrevocable ownership title to the Shares free and clear of any Encumbrance and with full enjoyment of all the rights pertaining thereto, including, without limitation, the right to receive any dividend as provided for under the Agreement.

• On the Closing Date, the Purchaser will acquire from Seller the full, exclusive and irrevocable ownership title to the Transferred Interests free and clear of any Encumbrance and with full enjoyment of all the rights pertaining thereto, including, without limitation, the right to receive any dividend as provided for under the Agreement.

More Definitions of Encumbrance

Encumbrance means any charge, pledge, mortgage, lien, hypothecation, usufruct, deed of trust, security interest, adverse claim or interest, restriction or easement of any kind.

Encumbrance means any security interest, pledge, mortgage, lien, charge, claim, hypothecation, title defect, right of first option or refusal, right of pre-emption, third-party right or interests, put or call right, lien, adverse claim of ownership or use, or other encumbrance of any kind.

Encumbrance means any mortgage, lien, pledge, charge, security interest, title defect, right of first refusal, claim, easement, right-of-way, option, preemptive or similar right or other restriction of any kind or nature.

Encumbrance means any mortgage, lien, charge, pledge, security interest or other encumbrance of any kind.

Encumbrance means any lien, pledge, hypothecation, charge, mortgage, security interest, encumbrance, claim, infringement, interference, option, right of first refusal, preemptive right, community property interest or restriction of any nature (including any restriction on the voting of any security, any restriction on the transfer of any security or other asset, any restriction on the receipt of any income derived from any asset, any restriction on the use of any asset and any restriction on the possession, exercise or transfer of any other attribute of ownership of any asset).

Encumbrance means any mortgage, charge (whether fixed or floating), pledge, lien, hypothecation, assignment, trust arrangement or security interest or other encumbrance of any kind securing any obligation of any person or any type of preferential arrangement (including without limitation title transfer and/or retention arrangements having a similar effect);

Encumbrance means any claim, charge, mortgage, lien, option, equitable right, power of sale, pledge, hypothecation, retention of title, right of pre-emption, right of first refusal or other third party right or security interest of any kind or an agreement, arrangement or obligation to create any of the foregoing;