Judicial lien definition

Judicial lien. ’ means lien obtained by judgment, levy, sequestration, or other legal or equitable process or proceeding;
Judicial lien means one or more of the following:
Judicial lien means a lien on property obtained by judgment or other legal process instituted for the purpose of collecting an unsecured debt.

Examples of Judicial lien in a sentence

  • Judicial lien foreclosures including mortgage foreclosures may be held at any reasonable place stated in the notice of sale.

  • Judicial lien arising out of judgment in favor of [ name] Finance Company, at [name] Court, No. [number].

  • Civil servants must adapt to this new, fast-moving, challenging environment if public policy is to remain credible and effective.

  • To check the “Include” box to include avoidance of Judicial lien or security interest you must have a secured creditor with attached property, in Plan Option tab check the box for Claim as Exempt & Avoid Lien.

  • To apply 522 (f)(2)(A) add all of the liens and any allowed exemptions up: M1 $60k M2 $20k Judicial lien $40K = $120k + Homestead exemption of 410K = $130k The value of D’s interest absent any loans is $100K.

  • When r > ρ we can argue that the optimal point must lie to the left of the equal consumption line – so that the individual consumes more in the second period than the first.


More Definitions of Judicial lien

Judicial lien means a lien obtained by judgment, levy, sequestration,
Judicial lien means a lien obtained by judgment, levy, sequestration, or other legal or equitable process or proceeding.
Judicial lien. ’ means lien obtained by
Judicial lien shall have the meaning specified in Section 16.01(b).
Judicial lien means a lien obtained by judg- ment, levy, sequestration, or other legal or equitable process or proceeding.
Judicial lien means a lien on property obtained by judgment or other legal

Related to Judicial lien

  • Initial Lien as defined in Subsection 8.6.

  • Permitted Lien means the individual and collective reference to the following: (a) Liens for taxes, assessments and other governmental charges or levies not yet due or Liens for taxes, assessments and other governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves (in the good faith judgment of the management of the Company) have been established in accordance with GAAP, (b) Liens imposed by law which were incurred in the ordinary course of the Company’s business, such as carriers’, warehousemen’s and mechanics’ Liens, statutory landlords’ Liens, and other similar Liens arising in the ordinary course of the Company’s business, and which (x) do not individually or in the aggregate materially detract from the value of such property or assets or materially impair the use thereof in the operation of the business of the Company and its consolidated Subsidiaries or (y) are being contested in good faith by appropriate proceedings, which proceedings have the effect of preventing for the foreseeable future the forfeiture or sale of the property or asset subject to such Lien and (c) Liens incurred in connection with Permitted Indebtedness.

  • Agricultural lien means an interest, other than a security interest, in farm products:

  • Environmental Lien means any Lien in favor of any Governmental Authority for Environmental Liabilities and Costs.

  • Permitted Prior Working Capital Lien means, with respect to any borrower under a Bank Loan, a security interest to secure a senior facility for such borrower and/or any of its parents and/or subsidiaries; provided that (i) such Bank Loan has a second priority lien on the collateral that is subject to the first priority lien of such senior facility (or a pari passu lien on such collateral), (ii) such senior facility is not secured by any other assets (other than a pari passu lien or a second priority lien, subject to the pari passu or first priority lien of the Bank Loan) and does not benefit from any standstill rights or other agreements (other than customary rights) with respect to any other assets and (iii) the maximum outstanding principal amount of such senior facility is not greater than 15% of the aggregate enterprise value of such borrower (as determined at the time of closing of the transaction, and thereafter an enterprise value for such borrower determined in a manner consistent with the valuation methodology applied in the valuation for such borrower as determined by the Advisor (so long as it has the necessary delegated authority) or the Borrower’s board of directors (or the appropriate committee thereof with the necessary delegated authority) in a commercially reasonable manner, including the use of an Approved Third-Party Appraiser in the case of Unquoted Investments).

  • 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).

  • Permitted Liens means, with respect to any Person:

  • Environmental Liens shall have the meaning set forth in Section 12.5 hereof.

  • Lien means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (including any conditional sale or other title retention agreement or lease in the nature thereof).

  • 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.

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

  • Permitted Security Interest means any Security Interest:

  • Permitted Security Interests means (i) any Security Interest for taxes, assessments or governmental charges or levies which relate to obligations not yet due and delinquent, (ii) easements, servitudes, encroachments and other minor imperfections of title which do not, individually or in the aggregate, detract from the value of or impair the use or marketability of any real property, and (iii) undetermined or inchoate Security Interests arising or potentially arising under statutory provisions which have not at the relevant time been filed or registered in accordance with applicable laws or of which written notice has not been given in accordance with applicable laws;

  • Statutory lien ’ means liens created by K.S.A. 2-1319, 2-2608, 2-3007, 34-239, 47-836, 58-201, 58-203, 58-204, 58-207, 58-218, 58-220, 58-221, 58-241, 58-242, 58-2524, 58-2525, 58-2526, 58-2527, 58-2528 and 84-7-209, and amendments thereto.

  • Priority Lien means a Lien granted by a Collateral Document to the Collateral Agent upon any property of the Company or any other Obligor to secure Priority Lien Obligations.

  • Securitization Property means the property described in section 10j.

  • Equitable Defenses means any bankruptcy, insolvency, reorganization or other Laws affecting creditors’ rights generally and, with regard to equitable remedies, the discretion of the court before which proceedings may be pending to obtain same.