Lien Claim definition

Lien Claim means any Proven Claim of a Person indicated as a secured creditor in Schedule “B” to the Initial Order (other than the Trustees) that is secured by a lien or encumbrance on any property of SFC, which lien is valid, perfected and enforceable pursuant to Applicable Law, provided that the Charges and any Claims in respect of Notes shall not constitute “Lien Claims”.
Lien Claim means any Secured Claim that is not: (a) a DIP Claim or (b) a Prepetition Secured Lender Claim.
Lien Claim means a claim, excluding interest

Examples of Lien Claim in a sentence

  • THIS COURT ORDERS that, upon serving a Lien Notice, the Lien Claimant shall be entitled to a charge over any Property of the Applicants relating to the project or improvement which is the subject of such Lien Claim, equivalent to the value and in accordance with the priority that the Lien Claimant would otherwise be entitled to as claim a lien under the applicable Provincial Lien Legislation (the "Lien Charge"), and shall rank in priority in accordance with the priority afforded to such Charge at law.

  • Blooming Glen avers in its Statement of Mechanics’ Lien Claim that there is “no known street address” for the Property.

  • Any creditor who has not received a Claims Package and who believes that he or she has a Lien Claim and/or Trust Claim against one or more of the Debtors must contact the Receiver in order to obtain a Proof of Claim form.

  • Pursuant to the Plan, the Debtors and the Liquidating Trustee hereby establish on behalf of the Allowed Class 5 Claims, whether such claims are allowed on or after the Effective Date of the Plan, the Liquidating Trust and the Debtors hereby transfer, assign, and deliver to the Liquidating Trustee all of their right, title, and interest in the Trust Assets free and clear of any Lien, Claim or Interest in such Property of any other Person or entity except as provided in the Plan.

  • However, to the extent that a 503(b)(9) Claim is not otherwise classified as Critical Vendor Claim or Lien Claim, the Debtors seek authority to pay any undisputed 503(b)(9) Claims.


More Definitions of Lien Claim

Lien Claim means a claim, by a claimant, for money for the value
Lien Claim means any Secured Claim that is not a Senior Secured Credit Agreement Claim.
Lien Claim means a claim of any Lien Claimant to the extent of such Lien Claimant’s entitlement to receive payment from the major lien fund, as defined in the BLA, as it relates to the Work performed by the Lien Claimant or a subrogated claim for such Work;
Lien Claim means a claim by any Person asserting a lien, a notice to lien, a preliminary notice to lien, security interest or other monetary encumbrance related to a Site.
Lien Claim means a claim filed by a property owner against a licensed landscape contracting business to discharge or to recoup funds expended in discharging a construction lien on a given job site located within the boundaries of the State of Oregon when the work performed is subject to ORS 671.510 to 671.760.
Lien Claim shall have the meaning set forth in Section 6.3(b) (Lien Claims).
Lien Claim means any lien, restriction, encumbrance, charge, security interest or equitable claim which may be maintained by any subcontractor, materialman or laborer for services performed.