Judgment Liens definition

Judgment Liens means any judgment liens, attachment liens, or any other liens which secure a judgment or any other obligations imposed by court order or other directive of a court.
Judgment Liens. Except as set forth in Exhibit 6.1(n), neither the Borrower, any Subsidiary, nor any of their respective assets, are subject to any unpaid judgments (whether or not stayed) or any judgment liens in excess of twenty-five thousand dollars ($25,000), in any jurisdiction. Following the Closing Date and until all amounts due under the Loan Documents are paid in full, the Borrower shall amend and deliver to Lender Exhibit 6.1(n) as soon as (i) judgments and judgment liens listed therein are dismissed, satisfied and/or released and (ii) additional judgments and/or judgment liens in excess of twenty-five thousand dollars ($25,000) are entered against the Borrower or filed against its assets.
Judgment Liens has the meaning set forth in Section 7.9.1(b)(iv).

Examples of Judgment Liens in a sentence

  • Until the Senior Debt is Finally Paid, any Liens of the Junior Creditors in the Collateral which may exist in breach of each Junior Creditor’s agreement pursuant to this Agreement and all Permitted Judgment Liens shall be and hereby are subordinated for all purposes and in all respects to the Liens of Senior Agent and Senior Lenders in the Collateral, regardless of the time, manner or order of perfection of any such Liens, in the manner set forth herein.

  • Until the Senior Debt is Finally Paid, Junior Creditor shall not accept any security for the Junior Debt at any time from any Borrower or any other Obligor other than Permitted Judgment Liens and other than Permitted Subordinated Liens.

  • Until such time as the Senior Debt is Paid in Full, no Subordinated Creditor shall at any time take, accept, file, record or require any Lien in or on any or all of the Collateral or any other interest in property of any Obligor other than Permitted Judgment Liens.

  • Tenant shall cause any Mechanics’ Liens or Judgment Liens to be discharged (by bonding or otherwise) within fifteen (15) days after demand by Landlord or such other period required by law, whichever is longer.

  • Section 6.1.1.7 Judgment Liens in existence for less than sixty (60) days after the entry thereof or with respect to which execution has been stayed or the payment of which is covered in full (subject to a customary deductible) by insurance maintained with responsible insurance companies and which do not otherwise result in an Event of Default.

  • Seller desires to sell to Buyer and Buyer desires to purchase from Seller the Note, the Warrants, the Confession of Judgment, the Judgment and the Judgment Liens on the basis of the representations, warranties and agreements contained in this Agreement, and upon the terms but subject to the conditions set forth herein.

  • Buyer acknowledges that Seller has not given Buyer any investment advice, credit information or opinion on whether the purchase of the Note, the Warrants, the Confession of Judgment, the Judgment and the Judgment Liens is prudent.

  • The obligation of Buyer to pay for the Note, the Warrants, the Confession of Judgment, the Judgment and the Judgment Liens as provided herein on the Closing Date is subject to the following conditions (the "BUYER CLOSING CONDITIONS"), PROVIDED that these conditions are for Buyer's sole benefit and may be waived by Buyer at any time in its sole discretion by providing Seller with prior written consent thereof.

  • Seller thereafter filed the Judgment and registered judgment liens against the assets of Borrower in various jurisdictions (collectively the "JUDGMENT LIENS"), with the last of the Judgment Liens having been filed in Dallas County, Texas on May 7, 2007.

  • Deeds Judgment Liens Many knowing these instruments deal of the conveyance of ownership in real process We also promote Military Discharge Affidavits DBAs. What is prohibited for texas property interests should elect to file an agreement is entitled to texas property records the money is not enough to schedule an unpaid.


More Definitions of Judgment Liens

Judgment Liens means a final, nonappealable judgment or judgments rendered by a court or courts against Debtor for the payment of money which has not been discharged or provision shall not be have been made for such discharge within 60 days from the date of entry thereof.
Judgment Liens means collectively all involuntary Encumbrances encumbering any of the Assets, any of the Securities and/or any of the Properties caused by the actions or omissions of any Meditrust Entity.
Judgment Liens means, collectively, all involuntary or voluntary (i) Encumbrances encumbering any of the Assets that secure ascertainable amounts and are caused by the actions or omissions of any Seller and (ii) Encumbrances encumbering any of the Assets that secure ascertainable amounts, not caused by the acts or omissions of any Seller or any Tenant, up to an amount not to exceed FIVE HUNDRED THOUSAND DOLLARS ($500,000), in the aggregate; excluding, however, all Seller Mortgages.

Related to Judgment Liens

  • judgment creditor means the person in whose favour the judgment was given, and includes any person in whom the rights under the judgment have become vested by succession or assignment or otherwise;

  • judgment debtor means any person against whom a decree has been passed or an order capable of execution has been made;

  • Settlement Lien means any Lien relating to any Settlement or Settlement Indebtedness (and may include, for the avoidance of doubt, the grant of a Lien in or other assignment of a Settlement Asset in consideration of a Settlement Payment, Liens securing intraday and overnight overdraft and automated clearing house exposure, and similar Liens).

  • Assessment lien means a lien on property within an assessment area that arises

  • Existing Liens means Liens on the property or assets of the Company and/or any of its Subsidiaries existing on the date of this Indenture securing Indebtedness of the Company or any of its Subsidiaries (other than Liens incurred pursuant to clause (1) of Section 4.07 hereof).